Starch; Manioc (Cassava) Price in Pakistan - 2023
Contents:
- Starch; Manioc (Cassava) Price in Pakistan (CIF) - 2022
- Starch; Manioc (Cassava) Price in Pakistan (FOB) - 2022
- Starch; Manioc (Cassava) Imports in Pakistan
- Starch; Manioc (Cassava) Exports in Pakistan
Starch; Manioc (Cassava) Price in Pakistan (CIF) - 2022
In 2022, the average starch; manioc (cassava) import price amounted to $812 per ton, surging by 36% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starch; manioc (cassava) import price increased by +66.0% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -0.9% per year.
Starch; Manioc (Cassava) Price in Pakistan (FOB) - 2022
The average starch; manioc (cassava) export price stood at $868 per ton in 2022, which is down by -15.1% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $1,022 per ton, and then declined significantly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($2,132 per ton), while the average price for exports to Sri Lanka ($758 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 Switzerland (+44.4%), while the prices for the other major destinations experienced more modest paces of growth.
Starch; Manioc (Cassava) Imports in Pakistan
For the fourth consecutive year, Pakistan recorded growth in purchases abroad of starch; manioc (cassava)s, which increased by 78% to 2K tons 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.
In value terms, starch; manioc (cassava) imports soared to $1.6M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Starch; Manioc (Cassava) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 287 | 363 | 109 | 1,599 | 77.3% |
| Cambodia | 60.7 | 62.3 | N/A | N/A | 2.6% |
| Others | 15.0 | 73.7 | 569 | 43.0 | 42.1% |
| Total | 363 | 499 | 678 | 1,642 | 65.4% |
Top Suppliers of Starch; Manioc (Cassava) to Pakistan in 2022:
- Thailand (2.0K tons)
Starch; Manioc (Cassava) Exports in Pakistan
In 2022, starch; manioc (cassava) exports from Pakistan rose modestly to 133 tons, with an increase of 3.8% on 2021 figures. The total export volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year. As a result, the exports reached the peak of 139 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, starch; manioc (cassava) exports dropped to $115K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. As a result, the exports reached the peak of $131K, and then shrank in the following year.
| Export of Starch; Manioc (Cassava) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 55.4 | 67.1 | 93.2 | 79.5 | 12.8% |
| Germany | 7.3 | 18.7 | 2.8 | 11.3 | 15.7% |
| Switzerland | 4.1 | 4.9 | 15.7 | 5.6 | 11.0% |
| Canada | 1.4 | 3.0 | 5.3 | 3.8 | 39.5% |
| Others | 11.8 | 6.3 | 13.9 | 15.3 | 9.0% |
| Total | 80.0 | 100 | 131 | 115 | 12.9% |
Top Export Markets for Starch; Manioc (Cassava) from Pakistan in 2022:
- Sri Lanka (104.8 tons)
- Germany (9.2 tons)
- Canada (4.5 tons)
- Switzerland (2.6 tons)
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