Price for Grapes; Fresh or Dried in Pakistan - 2023

Contents:

  1. Price for Grapes; Fresh or Dried in Pakistan (CIF) - 2023
  2. Price for Grapes; Fresh or Dried in Pakistan (FOB) - 2022
  3. Imports of Grapes; Fresh or Dried in Pakistan
  4. Exports of Grapes; Fresh or Dried in Pakistan

Price for Grapes; Fresh or Dried in Pakistan (CIF) - 2023

The average grapes; fresh or dried import price stood at $309 per ton in April 2023, waning by -13.5% against the previous month. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in January 2023 an increase of 83% m-o-m. Over the period under review, average import prices reached the maximum at $1,220 per ton in May 2022; however, from June 2022 to April 2023, 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 April 2022 to April 2023, the rate of growth in terms of prices for Afghanistan amounted to -11.8% per month.

Price for Grapes; Fresh or Dried in Pakistan (FOB) - 2022

The average grapes; fresh or dried export price stood at $1,809 per ton in 2022, falling by -43.2% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 171%. The export price peaked at $3,182 per ton in 2021, and then contracted markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +19.7% per year.

Imports of Grapes; Fresh or Dried in Pakistan

In 2022, the amount of grapes; fresh or drieds imported into Pakistan shrank remarkably to 127K tons, dropping by -27.2% against the previous year. In general, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, imports attained the peak of 175K tons, and then dropped markedly in the following year.

In value terms, grapes; fresh or dried imports fell significantly to $57M in 2022. Over the period under review, imports faced a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 9% against the previous year.

Import of Grapes; Fresh or Dried in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A56.90%
Iran2.26.86.8N/A75.8%
Afghanistan82.358.464.1N/A-11.7%
Others0.1N/A0.1N/A0.0%
Total84.665.271.156.9-12.4%

Top Suppliers of Grapes; Fresh or Dried to Pakistan in 2022:

  1. United Arab Emirates (127.3K tons)

Exports of Grapes; Fresh or Dried in Pakistan

Grapes; fresh or dried exports from Pakistan soared to 21 tons in 2022, picking up by 25% on 2021. In general, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 149% against the previous year. As a result, the exports attained the peak of 44 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, grapes; fresh or dried exports contracted rapidly to $38K in 2022. Overall, exports posted prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by 203% against the previous year. As a result, the exports attained the peak of $72K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Grapes; Fresh or Dried in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates7.12.83.437.674.3%
United KingdomN/A8.72.0N/A-77.0%
United StatesN/A6.67.2N/A9.1%
OmanN/A2.38.9N/A287.0%
MyanmarN/A31.0N/AN/A0%
BangladeshN/A6.90.7N/A-89.9%
Saudi Arabia15.3N/A4.5N/A-45.8%
AfghanistanN/A7.9N/AN/A0%
Bahrain1.32.83.8N/A71.0%
OthersN/A2.922.2N/A665.5%
Total23.771.952.837.616.6%

Top Export Markets for Grapes; Fresh or Dried from Pakistan in 2022:

  1. United Arab Emirates (20.8 tons)

Source: IndexBox Market Intelligence Platform

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