Price for Wilkings and Smilar Citrus Hybrid in Pakistan - 2023
Contents:
- Price for Wilkings and Smilar Citrus Hybrid in Pakistan (FOB) - 2022
- Exports of Wilkings and Smilar Citrus Hybrid in Pakistan
Price for Wilkings and Smilar Citrus Hybrid in Pakistan (FOB) - 2022
The average export price for fruit, edible stood at $479 per ton in 2022, surging by 28% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($512 per ton), while the average price for exports to Kazakhstan ($258 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Wilkings and Smilar Citrus Hybrid in Pakistan
In 2022, shipments abroad of fruit, edible decreased by -37.7% to 199K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, the exports reached the peak of 370K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, wilkings and smilar citrus hybrid exports fell dramatically to $95M in 2022. Over the period under review, exports recorded a mild reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. As a result, the exports attained the peak of $142M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Wilkings and Smilar Citrus Hybrid in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 50.9 | 132 | 104 | 86.2 | 19.2% |
Kazakhstan | 4.2 | 2.4 | 3.7 | 3.0 | -10.6% |
Mauritius | 0.6 | 3.5 | 3.1 | 2.5 | 60.9% |
Kuwait | 0.8 | 2.3 | 2.9 | 2.3 | 42.2% |
United Arab Emirates | 0.2 | 0.4 | 1.7 | 1.3 | 86.6% |
Philippines | 44.2 | 0.2 | N/A | N/A | -99.5% |
Others | 0.1 | 0.9 | 3.5 | N/A | 491.6% |
Total | 101 | 142 | 119 | 95.4 | -1.9% |
Top Export Markets for Wilkings and Smilar Citrus Hybrid from Pakistan in 2022:
- Russia (173.9K tons)
- Kazakhstan (11.8K tons)
- Mauritius (5.5K tons)
- Kuwait (4.5K tons)
- United Arab Emirates (3.4K tons)
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