What is the price of beef per kilogram/pound in Pakistan today?
The retail price range for Pakistan beef is between US$ 0.61 and US$ 1.09 per kilogram or between US$ 0.28 and US$ 0.49 per pound(lb). Click here to see today's exact prices of beef in Pakistan
The retail price range in Pakistan Rupee for beef is between PKR 175.23 and PKR 310.89 per kilogram or between PKR 79.47 and PKR 140.99 per pound(lb) in Islamabad and Lahore.
Wholesale prices
In 2024, the approximate wholesale price range for Pakistan beef is between US$ 0.43 and US$ 0.76 per kilogram or between US$ 0.19 and US$ 0.35 per pound(lb).
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Pakistan Beef Export Prices - Historical, Trends and Prediction
The export price of beef from Pakistan has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of beef from Pakistan in 2022 was $3.05. Overall, the export price of beef from Pakistan has increased by 24.5% over the past five years. Based on this trend, it is likely that the export price per kilogram of beef from Pakistan in 2023 will be from $3.20 to $4.4 per kg, and in 2024 it could be around $3.35.
The Pakistan beef exports are categorised as:
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Frozen edible bovine tongues (HS code 020621)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen edible bovine livers (HS code 020622)
Pakistan Beef Import Prices - Historical, Trends and Prediction
The import price of beef into Pakistan has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the import price per kilogram of beef into Pakistan was $3.05 in 2022. Overall, the import price of beef into Pakistan has increased by 24.49% over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of beef into Pakistan will reach $3.20 in 2023 and $3.35 in 2024.Export values for Pakistan beef
The total values in export for beef in Pakistan were US$ 187,851, US$ 176,509, US$ 197,762 and US$ 245,878 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Pakistan: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of beef in other countries across Asia: Kazakhstan beef, Kyrgyzstan beef, Tajikistan beef, Turkmenistan beef, Uzbekistan beef, China beef, Hong Kong beef, Macao beef, North Korea beef & Mongolia beef.
Pakistan beef - Production, Exports, Imports, Seasons and HS Codes
In 2019 Pakistan shipped 66,796 tonnes of beef. In 2019 alone, the demand for Pakistan beef (meat category) has surged, changing by 26.587 percent compared to the year 2018. Between 2017 and 2019, beef's exports grew by 39.42 pc netting Pakistan US$245.88m for the year 2019. Pakistan's beef exports are classified as:
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen edible bovine livers (HS code 020622)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen edible bovine tongues (HS code 020621)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
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Pakistan beef export values
In 2019, Pakistan sold beef valued at 245.88m USD, an increment of 24.33% from 2018's total beef export of 197.762m USD. The yearly growth in value of Pakistan beef between 2017 to 2018 was 12.041 per cent.
The annual change in the amount of Pakistan's beef exports between 2017 and 2019 was 39.42 pc when compared to a variation of 26.587% in the growth rate between 2018 and 2019.
Export markets for Pakistan beef ( in '000$ )
Pakistan's leading export markets for beef are Azerbaijan, Myanmar, Singapore, Montenegro and the Maldives.
Pakistan imported 2,024 tonnes of beef in 2019.