Pakistan: Yams Market 2024

Yams Market Size in Pakistan

In 2022, the Pakistani yams market decreased by -8.8% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, enjoyed a significant expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then contracted in the following year.

Yams Production in Pakistan

In value terms, yams production expanded significantly to $X in 2022 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 -7.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 45%. 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 yams in Pakistan amounted to less than X kg per ha in 2022, stabilizing at the previous year. In general, the yield recorded a relatively flat trend pattern. 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 yams in Pakistan amounted to less than X ha, remaining relatively unchanged against 2021. Overall, the harvested area recorded a relatively flat trend pattern.

Yams Exports

Exports from Pakistan

After two years of decline, shipments abroad of yams increased by 18% to X tons in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 409%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, yams exports soared to $X in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2013 when exports increased by 424%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for yams exports from Pakistan, accounting for a 46% share of total exports. Moreover, yams exports to Germany exceeded the volume sent to the second major destination, Canada (X kg), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +51.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+29.0% per year) and Norway (+43.9% per year).

In value terms, Germany ($X) remains the key foreign market for yams exports from Pakistan, comprising 48% of total exports. The second position in the ranking was held by Norway ($X), with a 2.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +60.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+56.9% per year) and Canada (+31.7% per year).

Export Prices by Country

The average yams export price stood at $X per ton in 2022, surging by 3.1% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 75% 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 lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Canada ($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 Norway (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Yams Imports

Imports into Pakistan

In 2022, supplies from abroad of yams decreased by -7% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 11,070%. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, yams imports contracted to $X in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 15,424% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Afghanistan (X tons) was the main supplier of yams to Pakistan, with a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Afghanistan stood at +178.2%.

In value terms, Afghanistan ($X) constituted the largest supplier of yams to Pakistan.

From 2012 to 2022, the average annual rate of growth in terms of value from Afghanistan stood at +167.7%.

Import Prices by Country

The average yams import price stood at $X per ton in 2022, with a decrease of -3.8% against the previous year. Overall, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2013 an increase of 61% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Afghanistan.

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to -3.8% per year.

Source: IndexBox Platform

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