Pakistan's wheat market has seen significant changes due to floods, leading to a decrease in harvest and an increase in imports. In 2023, wheat imports totaled 3.5 M mt, and for the 2024/25 season, the country has banned wheat imports and exports to stabilize the local market, marking the first time in five years that Pakistan will not import wheat. The Black Sea region, especially Ukraine and Russia, met Pakistan's wheat demand in the 2023/24 season. The impact of these developments on price behavior in 2024/25 remains to be seen, with factors such as harvest yields and grain demand playing a role.