Pakistan’s meat and its products exports have soared to an unprecedented $512 million, marking a remarkable 20% increase from the previous year’s $426 million. This surge is fueled by a substantial 24% rise in export volume, totaling 123,515 tonnes. Analysts attribute this growth to robust international demand and competitive pricing strategies, bolstered by significant rupee devaluation.
However, amidst this record-breaking achievement, the average global meat prices have experienced a slight decline of 3%, settling at $4.1 per kg. This trend has been influenced by reduced export values specifically to the UAE market, contrasting with stable prices observed in other regions.
The latest data underscores Pakistan’s growing footprint in the global meat trade, positioning the nation as a key player in meeting international meat consumption demands amidst evolving market dynamics.
