Meaty rise seen in Pakistan’s Halal exports

Monday, January 5, 2015

LAHORE: Halal meat exports in Pakistan grew by 9.5% in fiscal year 2014, reaching a record high of $230 million and most exporters say that the market has even more room to grow.

Since 2003, Pakistan’s halal meat exports have grown at a compound annualised growth rate (CAGR) of 29.1%, growing from $14 million in 2003 to $230 million in fiscal 2014, according to data from the Pakistan Bureau of Statistics. Yet despite the astonishing growth, experts in the field believe that the sector is still underperforming.

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