Pakistan: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Pakistan

The Pakistani pasta and couscous market totaled $X in 2022, surging by 7.6% against the previous year. In general, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.4% against 2020 indices. Pasta and couscous consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Pasta And Couscous Production in Pakistan

In value terms, pasta and couscous production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, the total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.0% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 82%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Pasta And Couscous Exports

Exports from Pakistan

In 2022, overseas shipments of stuffed pasta and couscous decreased by -52.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,352% against the previous year. As a result, the exports reached the peak of X tons, and then shrank remarkably in the following year.

In value terms, pasta and couscous exports shrank dramatically to $X in 2022. Overall, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,811%. As a result, the exports attained the peak of $X, and then declined remarkably in the following year.

Exports by Country

Afghanistan (X tons), the United Arab Emirates (X tons) and the United States (X tons) were the main destinations of pasta and couscous exports from Pakistan, together accounting for 92% of total exports.

From 2012 to 2022, the biggest increases were recorded for Afghanistan (with a CAGR of +99.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Afghanistan ($X), the United Arab Emirates ($X) and the United States ($X) constituted the largest markets for pasta and couscous exported from Pakistan worldwide, together comprising 92% of total exports.

In terms of the main countries of destination, Afghanistan, with a CAGR of +101.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pasta and couscous export price stood at $X per ton in 2022, picking up by 11% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pasta and couscous export price increased by +45.9% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 39%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta And Couscous Imports

Imports into Pakistan

In 2022, pasta and couscous imports into Pakistan surged to X tons, increasing by 18% compared with 2021 figures. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 171%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, pasta and couscous imports fell to $X in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 132%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest pasta and couscous supplier to Pakistan, with a 53% share of total imports. Moreover, pasta and couscous imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. China (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +33.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+16.5% per year) and China (+32.6% per year).

In value terms, Italy ($X) constituted the largest supplier of stuffed pasta and couscous to Pakistan, comprising 43% of total imports. The second position in the ranking was taken by Turkey ($X), with a 17% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +26.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+12.0% per year) and China (+29.2% per year).

Import Prices by Country

The average pasta and couscous import price stood at $X per ton in 2022, which is down by -20.2% against the previous year. Overall, the import price showed a noticeable decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+16.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :