## Company Profile TEKNIK MOVERS (PK) — freight forwarder based in Pakistan (website: http://www.teknikmovers.com). Public facing contact for pricing (pricing@teknikmovers.com). Likely a small-to-mid sized NVOCC/forwarder offering sea & air freight, customs clearance and export logistics services for Pakistan exporters (rice, seafood, mango, textiles). Scale not publicly listed; primary market exposure is exporters shipping from Karachi/Port Qasim to Middle East, Africa, Europe and Asia. Role on the sales team appears to be commercial/pricing (lead contact listed as Pricing). ## Pain Points 1) Pricing volatility & quoting complexity for exporters: Red Sea rerouting, war‑risk premiums and higher spot/container rates make accurate landed‑cost quotes difficult; Teknik’s pricing team needs fast scenario quotes to keep deals from walking. 2) Time‑sensitive/perishable shipments risk: Longer transit times (Cape detours + schedule unreliability) increase spoilage risk for mango and seafood exporters; customers demand reliable reefer chains and alternate routings. 3) Margin pressure & buyer diversification: Rice volumes are high but unit prices are down ~14% for non‑basmati; exporters need new buyers or optimized multi‑modal logistics to protect margins — Teknik must offer buyers and fulfilment options beyond traditional lanes. ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. MARKET EVENTS – PAKISTAN EXPORT TRENDS (RICE, TEXTILES, MANGO, SEAFOOD), LATEST 2024‑25 INTO EARLY 2026 === Note: Pakistan reports on fiscal years (FY, July–June). The most recent hard data available are for FY2023‑24 and FY2024‑25 (pre‑2026), but these set the baseline for 2026 trade. **Overall food export momentum (driven by rice)** - Food exports in Jul–Dec FY2024‑25 reached about **US$3.96 bn, up 13.8% YoY**, driven largely by rice shipments.(profit.pakistantoday.com.pk) - The State Bank’s FY2023‑24 report notes rice exports **grew 83% in value in FY24**, with non‑basmati volumes up **68% YoY**, after India’s 2023 restrictions diverted demand to Pakistan.(pkxmarketing.com) **Rice exports (basmati and non‑basmati)** - Rice Exporters Association of Pakistan (REAP) export history (FY2015‑2025) shows for **FY2024‑25**: - **Volume:** 5.82 million tonnes (mt): - Basmati: **0.81 mt** - Non‑basmati: **5.01 mt** - **Value:** **US$3.35 bn** total: - Basmati: **US$0.83 bn** - Non‑basmati: **US$2.52 bn** - Average export prices: - Basmati: **US$1,027/t** - Non‑basmati: **US$504/t**.(reap.com.pk) - According to Pakistan Bureau of Statistics data summarized by local media, in the first 11 months of FY2024‑25 Pakistan exported **5.54 mt of rice worth US$3.20 bn**, slightly down from US$3.63 bn in the same period of FY2023‑24 due to lower global prices.(arynews.tv) - A sector study notes that between FY2024 and FY2025, the **average export price for non‑basmati fell ~13.7% YoY**, from ~US$583/t to ~US$504/t, compressing revenue despite strong volumes.(pacra.com) **Seafood exports** - Pakistan’s seafood exports in **FY2024‑25** reached **US$489.2 m**, up **20.5% YoY** from US$406 m in FY2023‑24. Volume rose to **242,484 t (+19.8% YoY)** from 202,400 t.(brecorder.com) - Authorities attribute the growth to stricter quality regulation and market diversification. Key destinations cited include **China, EU, Middle East, and Southeast Asia**.(brecorder.com) **Textiles (context, as they dominate Pakistan’s exports)** - Official recent‑year trade statistics show textiles (particularly knitwear, woven garments, bed linen, and cotton yarn) remain **over half of Pakistan’s total merchandise exports**; however, 2024‑25 performance was mixed as weak global apparel demand offset some gains from a weaker rupee.(pcma.org.pk) **Mango exports (limited fresh 2026 data; trend context)** - Recent mango‑specific 2026 data are sparse in global databases; Pakistan’s mango exports have historically targeted **Middle East (UAE, Saudi Arabia, Oman, Qatar), UK/EU, and regional Asian markets**. Pre‑2025 reports show annual exports commonly around **100–150 k t** in good crop years, with strong dependence on air and reefer sea freight via Karachi/Port Qasim. **Top destination markets for rice and seafood (recent evidence)** - SBP and trade‑statistics reports for FY2023‑24 to FY2024‑25 highlight **Middle East, East Africa, and East Asia** as major destinations for non‑basmati rice, and **EU, UK, Middle East, and North America** for premium basmati.(pcma.org.pk) - For seafood, the latest government statement points to **China, Thailand, Malaysia, UAE, and EU states** as key buyers, driven by frozen fish and shrimp.(brecorder.com) Overall for 2026, Pakistan enters the year with: - **Very strong rice export volumes but softer unit values** due to global price normalization. - **Seafood exports growing double‑digit in both value and volume.** - **Textiles still dominant but under margin pressure.** - **Mango export performance in 2026** will hinge on logistics (Red Sea/Suez issues) and Gulf/European demand rather than domestic supply alone. **Sources (Market Events)**: (reap.com.pk) === 2. DEMAND SIGNALS – 2026 RED SEA / BAB EL‑MANDEB DISRUPTIONS & SOUTH ASIA SHIPPING === **Status of Red Sea / Bab el‑Mandeb in early 2026** - The **Red Sea crisis**, triggered by Houthi attacks from late 2023 onward, has led major carriers to divert around the **Cape of Good Hope**, adding **~6,000 nautical miles and 10–14 days** to Asia–Europe transits.(en.wikipedia.org) - A February 2026 maritime geopolitics analysis indicates that **Red Sea traffic in Jan‑2026 remained well below pre‑crisis levels**, with container volumes still heavily rerouted.(isdo.ch) - In April 2026, a senior Houthi official again threatened that Bab el‑Mandeb could be completely closed, underlining continued security risk.(en.wikipedia.org) **Freight rate and cost impacts (2026)** - A 2026 shipping‑risk consultancy notes that, while spot container rates have cooled from 2024 peaks, **Asia–Europe and Asia–Mediterranean rates in early 2026 remain 30–70% above pre‑crisis levels**, depending on lane and contract structure.(cxtms.com) - One 2026 logistics advisory gives concrete figures: - For a typical **40‑ft container China → US East Coast**, the “Red Sea premium” is **US$800–1,500 per FEU** in early 2026 versus a no‑crisis baseline, on top of base rates and higher insurance.(suaidglobal.com) - War‑risk insurance premiums on vessels transiting the region spiked from roughly **0.07% of hull value to >1%** during peak disruption and, as of early 2026, remain **well above pre‑crisis levels**, sustaining cost pressure even when rates soften.(cxtms.com) **Effect on South Asia (including Pakistan) routing and reliability** - Analyses of 2026 disruptions indicate: - **South Asia–Europe/Mediterranean cargo** (including Pakistan’s rice/textiles/seafood) increasingly routed via **Cape of Good Hope**, extending transit times by **1.5–2 weeks** and complicating reefer planning for perishables (e.g., mangoes, seafood).(ports.marinelink.com) - Carriers reduced direct calls and adjusted rotations along **Arabian Sea/Indian Subcontinent ports**, occasionally bunching sailings and causing **schedule unreliability and port congestion**.(ports.marinelink.com) - A strategic scenarios paper on the Red Sea crisis (2026) suggests that **if disruptions persist until mid‑2026, global freight rates may only decline 9–16% from 2024 elevated levels**, whereas a faster normalization could cause sharper drops—implying that ongoing instability acts as a price floor for carriers.(cxtms.com) **Interaction with the 2026 Strait of Hormuz crisis** - In early 2026, a **Strait of Hormuz crisis** caused major carriers (Maersk, CMA CGM, Hapag‑Lloyd, etc.) to suspend transits through Hormuz and related Gulf routes, compounding Red Sea routing difficulties.(en.wikipedia.org) - On 4 March 2026, **Pakistan requested Saudi Arabia reroute crude supplies via the Red Sea port of Yanbu**, underscoring how energy and container flows in the region are simultaneously stressed and requiring alternative routings through Red Sea lanes already under security strain.(en.wikipedia.org) **Demand signals inferred for exporters/importers in South Asia** - **Exporters in Pakistan and neighboring South Asian states** face: - Higher all‑in freight costs (base rate + Red Sea premium + war‑risk insurance). - Longer lead times and need for **earlier shipment windows** for time‑sensitive goods (fresh mangoes, chilled seafood, fast‑fashion textiles). - Greater attractiveness of **Gulf hub routing and regional markets** (Middle East, East Africa) compared to more distant EU destinations, at least while Cape diversions persist.(ports.marinelink.com) **Sources (Demand Signals)**: (ports.marinelink.com) === 3. COMMODITY TRENDS – PAKISTAN BASMATI RICE PRICES, GLOBAL DEMAND & EXPORT POLICY (FOCUS 2025–EARLY 2026) === **Pakistan basmati export price levels (latest available)** - A leading Karachi exporter price sheet (updated **~2 weeks ago**) shows indicative **FOB Karachi prices**: - PK385/D98 basmati, 2025 crop, 6.8 mm, 50 kg PP bag: **US$995/t FOB**.(hasrice.com) - REAP data for **FY2024‑25** show: - **Average basmati export price:** **US$1,027/t**. - **Average non‑basmati export price:** **US$503.6/t**, down ~13–14% YoY from FY2023‑24.(reap.com.pk) - Pakistan‑wide food‑export reporting notes domestic basmati retail prices rising from **about PKR 150/kg to PKR 400/kg over two years**, as exporters capitalized on high global prices following India’s curbs, leading to affordability issues in the local market.(profit.pakistantoday.com.pk) **Global demand environment for basmati and non‑basmati (2025–26)** - After India’s 2023 ban on non‑basmati white rice and export floor prices on basmati, Pakistan became a key alternative supplier, with **FY2023‑24 rice export value up 83%** and strong spillover into FY2024‑25 volumes.(pkxmarketing.com) - A 2025 sector study highlights: - Pakistan’s **non‑basmati exports still account for the bulk of volume**, but **basmati remains crucial for value and premium markets** (EU, UK, Gulf).(pacra.com) - As of late 2025 and entering 2026, **global rice prices have begun to soften from their 2023–24 highs**, pulling down Pakistan’s export revenue by about **15% in FY2024‑25** despite near‑record tonnage.(brecorder.com) **Export restrictions and policy stance (Pakistan vs competitors)** - India (competitor): - Imposed bans and minimum export price measures on non‑basmati white rice and basmati from mid‑2023 onward; many of these restrictions or high floor prices persisted into 2025, continuing to support Pakistan’s export demand, especially to **Middle East and Africa**.(pakistanrice.com) - Pakistan policy (as of late 2024–25, carrying into early 2026 unless changed): - SBP’s half‑year FY2024‑25 report references **supportive policies for rice exports**, including a **“zero‑tax policy on rice shipments”** and active promotion via trade fairs and B2B platforms.(sbp.org.pk) - No evidence in the latest accessible sources (through early 2026) of **Pakistan introducing export bans or quantitative restrictions on rice**; instead, the government appears to prioritize export earnings while managing domestic affordability through other measures (e.g., targeted subsidies or stock releases).(sbp.org.pk) **2026 outlook signals for Pakistan basmati** - With **non‑basmati prices down ~14% YoY** and basmati around **US$1,000/t FOB**, Pakistan’s exporters are likely to: - Defend or grow **market share in premium basmati markets** where India remains constrained or priced higher by its minimum export price policies.(pakistanrice.com) - Face margin pressure if global freight costs stay elevated due to Red Sea routing, especially to distant EU markets versus closer Middle East destinations.(ports.marinelink.com) - Domestic consumers continue to confront **high basmati retail prices** (nearly **PKR 400/kg** reported for late 2024–early 2025), potentially increasing political sensitivity around any further export‑led price spikes.(profit.pakistantoday.com.pk) **Sources (Commodity Trends)**: (pakistanrice.com) Sources: • Pakistan’s food exports rise by 13.83% on strong rice shipments - Profit by Pakistan Today https://profit.pakistantoday.com.pk/2025/01/24/pakistans-food-exports-rise-by-13-83-on-strong-rice-shipments/?utm_source=openai • 2023-2024 October 17, 2024 https://pkxmarketing.com/reports/SBP%20Annual%20State%20of%20Economy%20Report%202023-24.pdf?utm_source=openai • Rice Exporters Association of Pakistan https://www.reap.com.pk/exporthistory?utm_source=openai • Pakistan exported rice worth $3.203 bln in FY 2024-25 https://arynews.tv/pakistan-exported-rice-worth-3-203-bln-in-fy-2024-25?utm_source=openai • RICE Research Team SECTOR STUDY . OCTOBER 2025 https://www.pacra.com/view/storage/app/PACRA%20Research%20-%20Rice%20-%20Oct%2725_1762424542.pdf?utm_source=openai • FY2024-25 seafood exports reach $489.2m mark - Business & Finance - Business Recorder https://www.brecorder.com/news/40371457?utm_source=openai • FY2024-25 seafood exports reach $489.2m mark - Business & Finance - Business Recorder https://www.brecorder.com/news/40371457?utm_source=openai • Trade Statistics https://pcma.org.pk/wp-content/uploads/2025/08/Annual-Analytical-Report-on-Trade-Statistics-of-Pakistan-FY2023-24.pdf?utm_source=openai • Trade Statistics https://pcma.org.pk/wp-content/uploads/2025/08/Annual-Analytical-Report-on-Trade-Statistics-of-Pakistan-FY2023-24.pdf?utm_source=openai • FY2024-25 seafood exports reach $489.2m mark - Business & Finance - Business Recorder https://www.brecorder.com/news/40371457?utm_source=openai • Rice Exporters Association of Pakistan https://www.reap.com.pk/exporthistory?utm_source=openai • Red Sea crisis https://en.wikipedia.org/wiki/Red_Sea_crisis?utm_source=openai • Executive Summary https://isdo.ch/wp-content/uploads/2026/02/Analysis-of-maritime-geopolitics-on-early-2026-The-Red-Sea-Factor.pdf?utm_source=openai • Bab-el-Mandeb https://en.wikipedia.org/wiki/Bab-el-Mandeb?utm_source=openai • Red Sea Disruptions Continue: How Ongoing Instability Is Reshaping Global Shipping Routes and Rates in 2026 | CXTMS https://cxtms.com/blog/red-sea-disruptions-shipping-routes-rates-impact-2026?utm_source=openai • Red Sea Shipping Crisis 2026: Impact on Rate… | Suaid Global https://suaidglobal.com/insights/red-sea-shipping-crisis-2026/?utm_source=openai • Red Sea Disruptions Continue: How Ongoing Instability Is Reshaping Global Shipping Routes and Rates in 2026 | CXTMS https://cxtms.com/blog/red-sea-disruptions-shipping-routes-rates-impact-2026?utm_source=openai • Red Sea Rerouting Continues to Impact Global Shipping Schedules and Costs in Q1 2026 - Ports Directory https://ports.marinelink.com/ports/port/egegik/news/red-sea-rerouting-impacts-global-shipping-q1-2026?utm_source=openai • Red Sea Rerouting Continues to Impact Global Shipping Schedules and Costs in Q1 2026 - Ports Directory https://ports.marinelink.com/ports/port/egegik/news/red-sea-rerouting-impacts-global-shipping-q1-2026?utm_source=openai • Red Sea Disruptions Continue: How Ongoing Instability Is Reshaping Global Shipping Routes and Rates in 2026 | CXTMS https://cxtms.com/blog/red-sea-disruptions-shipping-routes-rates-impact-2026?utm_source=openai • 2026 Strait of Hormuz crisis https://en.wikipedia.org/wiki/2026_Strait_of_Hormuz_crisis?utm_source=openai • 2026 Strait of Hormuz crisis https://en.wikipedia.org/wiki/2026_Strait_of_Hormuz_crisis?utm_source=openai • Red Sea Rerouting Continues to Impact Global Shipping Schedules and Costs in Q1 2026 - Ports Directory https://ports.marinelink.com/ports/port/egegik/news/red-sea-rerouting-impacts-global-shipping-q1-2026?utm_source=openai • Red Sea Rerouting Continues to Impact Global Shipping Schedules and Costs in Q1 2026 - Ports Directory https://ports.marinelink.com/ports/port/egegik/news/red-sea-rerouting-impacts-global-shipping-q1-2026?utm_source=openai • Pakistan Rice Prices - FOB Karachi for Export | HAS Rice Pakistan https://www.hasrice.com/pakistan-rice-prices/?utm_source=openai • Pakistan’s food exports rise by 13.83% on strong rice shipments - Profit by Pakistan Today https://profit.pakistantoday.com.pk/2025/01/24/pakistans-food-exports-rise-by-13-83-on-strong-rice-shipments/?utm_source=openai • Pakistan Rice Export Statistics | Ricepedia https://pakistanrice.com/ricepedia/pakistan-rice-export-statistics/?utm_source=openai