Prepared or preserved groundnuts market in Pakistan

Earlier Report Observations

The market for prepared or preserved groundnuts in Pakistan contracted to 4 196 t in 2019, a year that saw peak average import prices for peanut butter and prepared groundnuts, which likely pressured domestic cost structures. A strong rebound followed, with market volume expanding to 6 654 t in 2020 and further to 6 872 t in 2021.

Market volume dipped moderately to 6 580 t in 2022 before recovering to 7 132 t in 2023. In 2024, import volumes rose to 69 t while exports fell to 3 t. Industry reports indicated buoyant growth in peanut butter production reaching peak levels during the year, with exports of these products declining for a third consecutive year and Saudi Arabia emerging as a key foreign market.

Production prepared or preserved groundnuts in Pakistan

In kind, 2017-2020, t

From 2017 to 2020, Pakistan ranked 21st globally in the production of prepared or preserved groundnuts.

Top producers of prepared or preserved groundnuts, 2017-2020

World map of production of prepared or preserved groundnuts, 2017-2020

Following a two-year decline, Pakistan's production of prepared or preserved groundnuts rebounded. In 2020, the country produced 6 756 tonnes, marking a significant increase of 36.9% compared to the previous year. However, over the entire 2017-2020 period, production decreased by 17.3%, which translates to an average annual decline of 6.1%. The lowest production level was recorded in 2019 at 4 936 tonnes, with the sharpest drop occurring in 2018 at 32.1%.

Annual dynamics of production in Pakistan in kind, 2017-2020, t

In value, 2017-2020, K $ US

After two years of decline, Pakistan's production of prepared or preserved groundnuts saw an upturn. In 2020, the output was valued at 12 843 thousand US dollars, reflecting a strong increase of 10.4% compared to 2019. Over the 2017-2020 period, production value decreased by 26.3%, with a compound annual growth rate of -9.7%. The lowest value was recorded in 2019 at 11 633 thousand US dollars, and the largest decline occurred in the same year at 20.1%.

Annual dynamics of production in Pakistan in value, 2017-2020, K $ US

Exports prepared or preserved groundnuts from Pakistan

Exports in kind, t

The export market showed an unstable trend during this period. The lowest export volume was observed in 2020 at 113.8 tonnes, while the highest was in 2019 at 759.8 tonnes, resulting in a 6.7-fold difference. In 2020, exports from Pakistan decreased by 85.0% compared to 2019. The largest increase was recorded in 2019 at 218.0%.

Annual dynamics of product's exports from Pakistan in kind, 2017-2020, t

From 2017 to 2020, Pakistan's exports of prepared or preserved groundnuts were almost exclusively directed to Afghanistan, which accounted for 98.0% of total export volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Pakistan in kind, 2017-2020

Exports in value, K $ US

The export market exhibited volatility throughout the timeframe. The lowest export value was in 2020 at 216 thousand US dollars, and the highest was in 2019 at 1 791 thousand US dollars, showing an 8.3-fold variation. In 2020, exports fell by 87.9% compared to 2019. The largest increase occurred in 2019 at 185.3%.

Annual dynamics of product's exports from Pakistan in value, 2017-2020, K $ US

Between 2017 and 2020, Afghanistan dominated Pakistan's export structure in value terms, capturing 96.8% of total exports.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Pakistan in value, 2017-2020

Imports prepared or preserved groundnuts to Pakistan

Imports in kind, t

Pakistan's imports of prepared or preserved groundnuts declined for the third consecutive year. In 2020, imports reached 11.3 tonnes, which is 40.8% lower than the previous year. Over the 2017-2020 period, imports decreased by 96.7%, with a compound annual growth rate of -67.8%.

Annual dynamics of product's imports to Pakistan in kind, 2017-2020, t

From 2017 to 2020, the main sources for Pakistan's imports of prepared or preserved groundnuts by volume were Australia (53.0%), the Netherlands (23.0%), and France (12.1%), together accounting for 88.1% of total imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Pakistan in kind, 2017-2020

Imports in value, K $ US

Pakistan's imports of prepared or preserved groundnuts fell for the third year in a row. In 2020, imports totaled 17 thousand US dollars, a decrease of 69.0% from the year before. Over the 2017-2020 period, imports dropped by 97.3%, with a compound annual growth rate of -70.1%.

Annual dynamics of product's imports to Pakistan in value, 2017-2020, K $ US

During 2017-2020, Australia (54.5%), the Netherlands (17.4%), and France (16.1%) were the primary markets for Pakistan's imports by value, collectively making up 87.9% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Pakistan in value, 2017-2020