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Pakistan - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPakistan: Market for Fish Fats And Oils 2024
Market Size for Fish Fats And Oils in Pakistan
The Pakistani fish fat and oil market expanded to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption showed a prominent increase. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.
Production of Fish Fats And Oils in Pakistan
In value terms, fish fat and oil production totaled $X in 2023 estimated in export price. In general, production enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Fish fat and oil production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
Exports of Fish Fats And Oils
Exports from Pakistan
In 2023, the amount of fish fats and oils exported from Pakistan soared to X tons, growing by X% compared with the year before. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to see steady growth in years to come.
In value terms, fish fat and oil exports surged to $X in 2023. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
China (X tons) was the main destination for fish fat and oil exports from Pakistan, accounting for a X% share of total exports. Moreover, fish fat and oil exports to China exceeded the volume sent to the second major destination, Vietnam (X tons), more than tenfold.
From 2015 to 2022, the average annual rate of growth in terms of volume to China totaled X%.
In value terms, China ($X) remains the key foreign market for fish fats and oils exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports.
From 2015 to 2022, the average annual growth rate of value to China amounted to X%.
Export Prices by Country
The average fish fat and oil export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2015 to 2022, it increased at an average annual rate of X%. The export price peaked at $X per ton in 2018; afterwards, it flattened through to 2022.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to China stood at $X per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fish Fats And Oils
Imports into Pakistan
In 2023, supplies from abroad of fish fats and oils decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a mild increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2022, and then declined significantly in the following year.
In value terms, fish fat and oil imports amounted to $X in 2023. Overall, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the immediate term.
Imports by Country
In 2022, Switzerland (X tons) constituted the largest supplier of fish fat and oil to Pakistan, with a X% share of total imports. Moreover, fish fat and oil imports from Switzerland exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Iceland (X tons), with a X% share.
From 2012 to 2022, the average annual growth rate of volume from Switzerland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Iceland (X% per year).
In value terms, Switzerland ($X) constituted the largest supplier of fish fats and oils to Pakistan, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Iceland, with an X% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Iceland (X% per year).
Import Prices by Country
In 2022, the average fish fat and oil import price amounted to $X per ton, falling by X% against the previous year. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for fish fat and oil in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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