Frozen Strawberries Price in Pakistan - 2022
Contents:
- Frozen Strawberries Price in Pakistan (CIF) - 2022
- Frozen Strawberries Price in Pakistan (FOB) - 2022
- Frozen Strawberries Imports in Pakistan
- Frozen Strawberries Exports in Pakistan
Frozen Strawberries Price in Pakistan (CIF) - 2022
The average frozen strawberries import price stood at $906 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 66%. The import price peaked at $2,289 per ton in 2018; however, from 2019 to 2022, 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 Belgium ($1,630 per ton), while the price for the United States ($270 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Strawberries Price in Pakistan (FOB) - 2022
The average frozen strawberries export price stood at $2,326 per ton in 2022, shrinking by -5.3% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 50% against the previous year. As a result, the export price attained the peak level of $3,270 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +37.6% per year.
Frozen Strawberries Imports in Pakistan
In 2022, purchases abroad of frozen strawberrieses was finally on the rise to reach 9.1 tons after two years of decline. Over the period under review, imports, however, continue to indicate a precipitous slump.
In value terms, frozen strawberries imports surged to $8.3K in 2022. Overall, imports, however, showed a dramatic curtailment.
Import of Frozen Strawberries in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.2 | 7.4 | 1.1 | 4.1 | -28.5% |
Egypt | 6.4 | 4.3 | 0.7 | 2.5 | -26.9% |
United States | 2.7 | 1.8 | 0.3 | 1.1 | -25.9% |
Mexico | 0.5 | 0.1 | N/A | 0.1 | -41.5% |
Others | 5.5 | 0.7 | 0.1 | 0.5 | -55.0% |
Total | 26.3 | 14.3 | 2.3 | 8.3 | -31.9% |
Top Suppliers of Frozen Strawberries to Pakistan in 2022:
- United States (4.0 tons)
- China (3.0 tons)
- Egypt (1.9 tons)
- Mexico (0.2 tons)
Frozen Strawberries Exports in Pakistan
In 2022, the amount of frozen strawberrieses exported from Pakistan expanded sharply to 2.7 tons, increasing by 5.3% on 2021 figures. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 378%. As a result, the exports attained the peak of 2.8 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, frozen strawberries exports contracted modestly to $6.2K in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 348% against the previous year.
Export of Frozen Strawberries in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Afghanistan | 1.4 | 4.7 | 6.3 | 6.3 | 65.1% |
United Arab Emirates | N/A | 1.6 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.4 | 6.2 | 6.3 | 6.3 | 65.1% |
Top Export Markets for Frozen Strawberries from Pakistan in 2022:
- Afghanistan (2.7 tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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