Cereals; Barley, Seed Price in Pakistan - 2023
Contents:
- Cereals; Barley, Seed Price in Pakistan (FOB) - 2022
- Cereals; Barley, Seed Price in Pakistan (CIF) - 2022
- Cereals; Barley, Seed Exports in Pakistan
- Cereals; Barley, Seed Imports in Pakistan
Cereals; Barley, Seed Price in Pakistan (FOB) - 2022
In 2022, the average cereals; barley, seed export price amounted to $200 per ton, waning by -16.7% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; barley, seed export price increased by +76.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 86%. The export price peaked at $272 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($483 per ton), while the average price for exports to Afghanistan ($21 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 Arab Emirates (+11.9%), while the prices for the other major destinations experienced a decline.
Cereals; Barley, Seed Price in Pakistan (CIF) - 2022
The average cereals; barley, seed import price stood at $359 per ton in 2022, approximately mirroring the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 88%. As a result, import price reached the peak level of $619 per ton. From 2014 to 2022, the average import prices remained at a 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 +0.7% per year.
Cereals; Barley, Seed Exports in Pakistan
Cereals; barley, seed exports from Pakistan shrank remarkably to 101 tons in 2022, which is down by -30.1% on the year before. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 227% against the previous year. As a result, the exports reached the peak of 144 tons, and then shrank significantly in the following year.
In value terms, cereals; barley, seed exports reduced markedly to $20K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 509% against the previous year. As a result, the exports reached the peak of $35K, and then reduced remarkably in the following year.
| Export of Cereals; Barley, Seed in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.7 | 4.3 | 21.7 | 14.6 | 75.5% |
| Oman | 2.5 | 1.0 | 7.2 | 4.8 | 24.3% |
| Afghanistan | 0.3 | 0.4 | 1.0 | 0.7 | 32.6% |
| Others | N/A | N/A | 4.6 | N/A | 0% |
| Total | 5.6 | 5.7 | 34.6 | 20.1 | 53.1% |
Top Export Markets for Cereals; Barley, Seed from Pakistan in 2022:
- Oman (38.2 tons)
- Afghanistan (32.3 tons)
- United Arab Emirates (30.3 tons)
Cereals; Barley, Seed Imports in Pakistan
In 2022, approx. 1.4K tons of cereals; barley, seeds were imported into Pakistan; with a decrease of -31.2% on 2021. Over the period under review, imports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 166% against the previous year.
In value terms, cereals; barley, seed imports dropped notably to $514K in 2022. In general, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 177% against the previous year.
| Import of Cereals; Barley, Seed in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 1,045 | 273 | 329 | 514 | -21.1% |
| Australia | N/A | N/A | 427 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,045 | 273 | 756 | 514 | -21.1% |
Top Suppliers of Cereals; Barley, Seed to Pakistan in 2022:
- Afghanistan (1.4K tons)
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