Pakistan: Potato Chips Market 2024

Potato Chips Market Size in Pakistan

The Pakistani potato chips market reduced rapidly to $X in 2023, which is down by X% against the previous year. Overall, consumption saw a noticeable downturn. Potato chips consumption peaked at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.

Potato Chips Production in Pakistan

In value terms, potato chips production dropped dramatically to $X in 2023 estimated in export price. Over the period under review, production showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Potato chips production peaked at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

Potato Chips Exports

Exports from Pakistan

In 2023, overseas shipments of potato chips decreased by X% to X tons for the first time since 2015, thus ending a seven-year rising trend. Overall, exports, however, showed modest growth. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2022, and then shrank in the following year.

In value terms, potato chips exports declined notably to $X in 2023. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Afghanistan (X tons) was the main destination for potato chips exports from Pakistan, with a X% share of total exports. Moreover, potato chips exports to Afghanistan exceeded the volume sent to the second major destination, Qatar (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Afghanistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and the United States (X% per year).

In value terms, the largest markets for potato chips exported from Pakistan were Qatar ($X), Afghanistan ($X) and the United States ($X), together comprising X% of total exports. The UK, Australia and Malaysia lagged somewhat behind, together comprising a further X%.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average potato chips export price stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced a decline.

Potato Chips Imports

Imports into Pakistan

In 2023, potato chips imports into Pakistan fell remarkably to X tons, declining by X% compared with 2022. Over the period under review, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, potato chips imports fell notably to $X in 2023. Overall, imports faced a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, China (X tons) constituted the largest potato chips supplier to Pakistan, accounting for a X% share of total imports. Moreover, potato chips imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sevenfold.

From 2012 to 2023, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of potato chips to Pakistan, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%.

Import Prices by Country

In 2023, the average potato chips import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, potato chips import price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform