Olives Market Overview in Pakistan
In value terms, olives production declined to $ in 2019 estimated in export prices. Overall, production posted pronounced growth. The growth pace was the most rapid in 2018 when the production volume increased by % against the previous year. As a result, production attained the peak level of $, and then dropped in the following year.
The size of the olives market in Pakistan declined slightly to $ in 2019, falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a measured increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2011 indices. The most prominent rate of growth was recorded in 2018 when the market value increased by % year-to-year. As a result, consumption attained the peak level of $, and then fell modestly in the following year.