In 2024, Pakistan"s spice market, particularly for pepper that is neither crushed nor ground, has shown distinct trends in trade volume and price dynamics. As an essential ingredient in the culinary world, pepper imports dominate the market, reflecting a significant reliance on foreign sources. The data indicates that Pakistan imported approximately 16,200,503 kg of this category of pepper, valued at $43,583,228. 69. This underscores a robust demand that local production is unable to satisfy, prompting substantial foreign imports. On the export front, the numbers tell a different story. Pakistan exported just 29,208 kg of the same type of pepper, generating a modest $72,294. 43.
This stark contrast between import and export volumes highlights the domestic market"s dependency on imported spices and limited capability or focus on cultivating and exporting such spices. Price trends reveal that while import values remain high, averaging around $2. 69 per kg, export prices are significantly lower, averaging roughly $2. 47 per kg. This price disparity suggests potential opportunities for Pakistan to develop its spice cultivation and processing capabilities to better meet domestic demand and possibly improve its export competitiveness. For businesses and investors exploring trade opportunities with Pakistan in West Asia, understanding these dynamics is crucial. Access to comprehensive supplier contacts and insights into the market"s key trends can facilitate strategic decisions. As the spice trade continues to evolve, platforms like Aritral.
com offer invaluable support. Aritral provides B2B stakeholders with tools for product listing, direct communication, and global sales assistance. Harnessing AI-powered marketing and profile management, Aritral simplifies navigating the intricate landscape of international spice trade. "
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