{"id":21826,"date":"2025-02-04T13:59:35","date_gmt":"2025-02-04T13:59:35","guid":{"rendered":"https:\/\/www.selinawamucii.com\/news\/?p=21826"},"modified":"2025-02-04T14:01:06","modified_gmt":"2025-02-04T14:01:06","slug":"sugar-in-pakistan-still-expensive-despite-inflation-slowdown","status":"publish","type":"post","link":"https:\/\/www.selinawamucii.com\/news\/2025\/02\/04\/sugar-in-pakistan-still-expensive-despite-inflation-slowdown\/","title":{"rendered":"Sugar in Pakistan still expensive despite inflation slowdown"},"content":{"rendered":"\n<p>The Economic Coordination Committee (EEC) is ruing pricey sugar in Pakistan that has stayed put despite a slump in national inflation.<\/p>\n\n\n\n<p>During an EEC meeting on February 3, 2025, the committee found that halfway through financial year 2025, inflation has dropped to<a href=\"https:\/\/propakistani.pk\/2025\/02\/03\/ecc-concerned-over-rising-vegetable-sugar-and-edible-oil-prices\/\"><u>&nbsp;7.2%<\/u><\/a>. &nbsp;In the corresponding period through the October 2023-September 2024 financial year, inflation was at a steep 28.8%.&nbsp;<\/p>\n\n\n\n<p>The meeting additionally discussed the prices of currently expensive basics, among which sugar, vegetables and edible oil rule.<\/p>\n\n\n\n<p>Because core inflation is down, the committee recommended a price decrement regime that is tangible to the common consumer.&nbsp;<\/p>\n\n\n\n<p>Pricey domestic sugar has gained prominence not only due to local\u00a0<a href=\"https:\/\/www.selinawamucii.com\/news\/2025\/01\/07\/subcontinental-sugar-shortage-brings-prime-price-direction\/\"><u>price hoarding<\/u><\/a>\u00a0but because it is starkly opposite low international prices.\u00a0<\/p>\n\n\n\n<p>With the Holy Month of Ramadhan around the corner, &nbsp;locals are worried that sugar mills will choose to continue profiteering. &nbsp;<\/p>\n\n\n\n<p>Some even think that during Ramadhan the cost could even reach 200 Pakistani rupees ($0.72) a kg, far above normal pricing.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Price Hike Across Cities<\/strong><strong><\/strong><\/h3>\n\n\n\n<p>Metropolitan rates are up by at least 15 rupees ($0.054) to the kg while wholesale sits at 146 rupees ($0.52) a kg.<\/p>\n\n\n\n<p>In the Punjabi city of Multan, sugar has touched 160 rupees ($0.57), from 135 rupees ($0.48) a fortnight ago,&nbsp;<a href=\"https:\/\/www.samaa.tv\/2087328403-massive-sugar-price-hike-seen-across-pakistan-ahead-of-ramazan\"><u>Samaa TV&nbsp;<\/u><\/a>reports.&nbsp;<\/p>\n\n\n\n<p>The same trend informs Fasalabad, Pakistan\u2019s third largest city, also in Punjab. Here, ex-mill offers are at 146 rupees ($0.52) while retail rates have hiked to 160 rupees ($0.57).<\/p>\n\n\n\n<p>It is major urban centers such as Lahore, however, where consumers are feeling the sharpest pinch, at maximum 165 rupees ($0.58) a kg.&nbsp;<\/p>\n\n\n\n<p>The government\u2019s maximum selling price of sugar at retail shops is around 145 rupees ($0.51).&nbsp;<\/p>\n\n\n\n<p>Organically, the February 2025 situation mirrors the late 2024 wholesale rate of 125 rupees ($0.45) per kg, a 10-rupee ($0.036) increase. At the same time, the late 2024 retail rate had appreciated by 15 rupees ($0.054) to 140 rupees ($0.50) a kg.&nbsp;<\/p>\n\n\n\n<p>EEC\u2019s mention of the pricey commodity has therefore indemnified the locals as really feeling the cost. For extra bits on sugar in&nbsp;<a href=\"#:~:text=What%20is%20the%20price%20of%20sugar%20per%20kilogram%2Fpound,see%20today%27s%20exact%20prices%20of%20sugar%20in%20Pakistan\"><u>Pakistan&nbsp;<\/u><\/a>such as the above, read on the statistics, next.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-statistics-on-sugar-in-pakistan\"><strong>Statistics on Sugar in Pakistan<\/strong><strong><\/strong><\/h2>\n\n\n\n<p>Ranking as the number 7 biggest sugar producer globally, Pakistan averages&nbsp;<a href=\"#:~:text=In%20the%202020-21%20season%20%28October-September%29%2C%20Pakistan%20produced%20a,reduce%20stocks%20and%20improve%20cash%20flow%20for%20millers.\"><u>8 million tonnes<\/u><\/a>&nbsp;in sugar production per year (2021-22). &nbsp;Whenever the country achieves this amount, it usually has a small surplus to export for consumption reaches&nbsp;<a href=\"https:\/\/worldpopulationreview.com\/country-rankings\/sugar-consumption-by-country\"><u>7.749 million tonnes<\/u><\/a>&nbsp;(2022). This export bulk has made the country the 7th biggest sugar-exporting nation.&nbsp;<\/p>\n\n\n\n<p><strong>Is sugar consumption high in Pakistan<\/strong>?&nbsp;<\/p>\n\n\n\n<p>In the 2021-2022 season, people in Pakistan took&nbsp;<a href=\"https:\/\/worldpopulationreview.com\/country-rankings\/sugar-consumption-by-country\"><u>31.79 kg<\/u><\/a>&nbsp;of sugar per person per year, the 118<sup>th<\/sup>&nbsp;highest globally. Earlier in the 2020-21 season, the rate had been&nbsp;<a href=\"#:~:text=In%20the%202020-21%20season%20%28October-September%29%2C%20Pakistan%20produced%20a,reduce%20stocks%20and%20improve%20cash%20flow%20for%20millers.\"><u>25 kg<\/u><\/a>&nbsp;per capita, slightly above the then world average at 23 kg.&nbsp;<\/p>\n\n\n\n<p><strong>What is the annual export value of Pakistani sugar<\/strong>?<\/p>\n\n\n\n<p>As a major sugar exporter, Pakistan averaged&nbsp;$2.3 billion&nbsp;per year in export sugar returns between 2010 and 2018.<\/p>\n\n\n\n<p><strong>Do exports have a bearing on&nbsp;<\/strong><strong>sugar&nbsp;<\/strong><strong>prices<\/strong><strong>&nbsp;in Pakistan<\/strong>?&nbsp;<\/p>\n\n\n\n<p>While pre-2018 prices had been manageable, post-2018 rates started to waver after the introduction of an&nbsp;<a href=\"https:\/\/pide.org.pk\/research\/the-sugar-industry-of-pakistan-understanding-structural-and-regulatory-underpinnings-of-the-current-sugar-crisis\/\"><u>export subsidy<\/u><\/a>. The 5.35-rupee ($0.019) per kg subsidy encouraged exports, created a domestic sugar shortage and forced retail prices up.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Economic Coordination Committee (EEC) is ruing pricey sugar in Pakistan that has stayed put despite a slump in national inflation. During an EEC meeting on February 3, 2025, the committee found that halfway through financial year 2025, inflation has dropped to&nbsp;7.2%. &nbsp;In the corresponding period through the October 2023-September 2024 financial year, inflation was&#8230;<\/p>\n","protected":false},"author":3,"featured_media":21775,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.3 (Yoast SEO v20.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sugar in Pakistan still expensive despite inflation slowdown - Selina Wamucii | Food &amp; Agriculture News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.selinawamucii.com\/news\/2025\/02\/04\/sugar-in-pakistan-still-expensive-despite-inflation-slowdown\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sugar in Pakistan still expensive despite inflation slowdown - Selina Wamucii | Food &amp; Agriculture News\" \/>\n<meta property=\"og:description\" content=\"The Economic Coordination Committee (EEC) is ruing pricey sugar in Pakistan that has stayed put despite a slump in national inflation. 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