Pakistan: Vegetable Market 2024

Vegetable Market Size in Pakistan

In 2022, the Pakistani vegetable market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Vegetable consumption peaked at $X in 2021, and then reduced in the following year.

Vegetable Production in Pakistan

In value terms, vegetable production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of vegetables in Pakistan rose modestly to X tons per ha in 2022, surging by X% against the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the average vegetable yield hit record highs at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of vegetables in Pakistan reduced to X ha, with a decrease of X% compared with 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha, and then fell in the following year.

Vegetable Exports

Exports from Pakistan

In 2022, shipments abroad of vegetables increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a prominent increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, vegetable exports dropped to $X in 2022. In general, exports showed a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Sri Lanka (X tons), Afghanistan (X tons) and the United Arab Emirates (X tons) were the main destinations of vegetable exports from Pakistan, together comprising X% of total exports. Malaysia, Qatar, Oman, Kazakhstan and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), the United Arab Emirates ($X) and Afghanistan ($X) constituted the largest markets for vegetable exported from Pakistan worldwide, together comprising X% of total exports. Malaysia, Qatar, Oman, Kazakhstan and Russia lagged somewhat behind, together comprising a further X%.

Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vegetable export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Afghanistan ($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 Kazakhstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Imports

Imports into Pakistan

In 2022, the amount of vegetables imported into Pakistan skyrocketed to X tons, rising by X% on the year before. In general, imports continue to indicate resilient growth. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, vegetable imports soared to $X in 2022. Over the period under review, imports saw noticeable growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Afghanistan (X tons) constituted the largest supplier of vegetable to Pakistan, with a X% share of total imports. Moreover, vegetable imports from Afghanistan exceeded the figures recorded by the second-largest supplier, Iran (X tons), threefold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Afghanistan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (X% per year) and China (X% per year).

In value terms, Afghanistan ($X), China ($X) and Iran ($X) were the largest vegetable suppliers to Pakistan, with a combined X% share of total imports. Egypt, the Netherlands and India lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Egypt, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vegetable import price stood at $X per ton in 2022, approximately mirroring the previous year. In general, the import price saw a drastic downturn. The growth pace was the most rapid in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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