Flakes; of Potatoes Price in Pakistan - 2023

Contents:

1. Flakes; of Potatoes Price in Pakistan (CIF) - 2022
2. Flakes; of Potatoes Price in Pakistan (FOB) - 2022
3. Flakes; of Potatoes Imports in Pakistan
4. Flakes; of Potatoes Exports in Pakistan

Flakes; of Potatoes Price in Pakistan (CIF) - 2022

The average flakes; of potatoes import price stood at $1,236 per ton in 2022, which is down by -5.5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20%. As a result, import price attained the peak level of $1,637 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,694 per ton), while the price for Belgium ($1,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-1.4%), while the prices for the other major suppliers experienced a decline.

Flakes; of Potatoes Price in Pakistan (FOB) - 2022

The average flakes; of potatoes export price stood at $1,839 per ton in 2022, which is down by -7.7% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,084 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 the UK ($2,036 per ton), while the average price for exports to Tanzania amounted to $507 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.8%).

Flakes; of Potatoes Imports in Pakistan

In 2022, approx. 888 tons of flakes; of potatoeses were imported into Pakistan; waning by -39.5% compared with the previous year's figure. In general, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 523% against the previous year. As a result, imports attained the peak of 1.5K tons, and then shrank dramatically in the following year.

In value terms, flakes; of potatoes imports dropped rapidly to $1.1M in 2022. Overall, imports, however, continue to indicate a tangible increase. The pace of growth appeared the most rapid in 2021 when imports increased by 497% against the previous year. As a result, imports reached the peak of $1.9M, and then dropped remarkably in the following year.

Top Suppliers of Flakes; of Potatoes to Pakistan in 2022:

1. India (578.6 tons)
2. Netherlands (121.6 tons)
3. Denmark (106.5 tons)
4. Germany (61.5 tons)
5. Belgium (13.7 tons)

Flakes; of Potatoes Exports in Pakistan

Flakes; of potatoes exports from Pakistan expanded sharply to 6.1 tons in 2022, increasing by 6.5% compared with 2021 figures. Overall, exports, however, recorded a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 8.3%.

In value terms, flakes; of potatoes exports dropped modestly to $11K in 2022. In general, exports, however, recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 3.6%.

Top Export Markets for Flakes; of Potatoes from Pakistan in 2022:

1. United Kingdom (5.3 tons)
2. Tanzania (0.8 tons)

Source: IndexBox Market Intelligence Platform