Liqueurs and Cordials Price in Pakistan - 2023
Contents:
- Liqueurs and Cordials Price in Pakistan (CIF) - 2022
- Liqueurs and Cordials Price in Pakistan (FOB) - 2022
- Liqueurs and Cordials Imports in Pakistan
- Liqueurs and Cordials Exports in Pakistan
Liqueurs and Cordials Price in Pakistan (CIF) - 2022
In 2022, the average liqueurs and cordials import price amounted to $13 per litre, surging by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 31%. The import price peaked at $15 per litre in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($34 per litre), while the price for Italy ($11 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Price in Pakistan (FOB) - 2022
The average liqueurs and cordials export price stood at $1.2 per litre in 2022, stabilizing at the previous year. Overall, the export price recorded a sharp reduction. The growth pace was the most rapid in 2017 when the average export price decreased by -12.7% against the previous year. Over the period under review, the average export prices attained the peak figure at $6.7 per litre in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Brunei Darussalam.
From 2015 to 2022, the rate of growth in terms of prices for Senegal amounted to +288.3% per year.
Liqueurs and Cordials Imports in Pakistan
In 2022, the amount of liqueurs and cordialses imported into Pakistan skyrocketed to 9K litres, growing by 117% compared with the year before. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, liqueurs and cordials imports skyrocketed to $113K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Liqueurs and Cordials in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1.2 | 5.0 | 37.2 | 88.8 | 319.8% |
United Arab Emirates | 21.3 | 19.1 | 2.1 | 7.6 | -29.1% |
Denmark | 3.1 | 1.9 | 2.9 | 5.4 | 20.3% |
Poland | 3.7 | 6.4 | 2.1 | 5.0 | 10.6% |
Thailand | 5.1 | 3.5 | 0.7 | 1.6 | -32.1% |
Belgium | 7.8 | 4.0 | 0.5 | 1.5 | -42.3% |
United Kingdom | 7.2 | 3.3 | 0.4 | 0.4 | -61.8% |
Others | 6.3 | 5.6 | 1.0 | 2.8 | -23.7% |
Total | 55.8 | 48.8 | 46.9 | 113 | 26.5% |
Top Suppliers of Liqueurs and Cordials to Pakistan in 2022:
- United Kingdom (undefinedK litres)
- Thailand (undefinedK litres)
- Italy (7.9K litres)
- United Arab Emirates (0.4K litres)
- Denmark (0.3K litres)
- Poland (0.2K litres)
- Belgium (0.1K litres)
Liqueurs and Cordials Exports in Pakistan
In 2022, overseas shipments of liqueurs and cordialses decreased by 0% to 1.2K litres for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a dramatic decline. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs at 2.4K litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, liqueurs and cordials exports amounted to $1.4K in 2022. In general, exports faced a precipitous decrease. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum at $3.1K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Liqueurs and Cordials in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brunei Darussalam | N/A | N/A | N/A | 1.4 | 0% |
New Zealand | 2.4 | N/A | N/A | N/A | 0% |
Others | 0.7 | N/A | N/A | N/A | 0% |
Total | 3.1 | N/A | N/A | 1.4 | -23.3% |
Top Export Markets for Liqueurs and Cordials from Pakistan in 2022:
- Brunei Darussalam (1.2K litres)
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In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
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