edible sunflower seed oil refinery plant manufacturing in pakistan

                                               
                                               
                                               
                                               
                                               
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  • Who is Faisalabad oil refinery?
  • Company Profile Our Philosophy Our People Manufacturing Iso Certification Faisalabad oil refinery (private) limited ¡°FOR¡± is the first Pakistani edible oil company which prides itself in installing the latest and most modern European physical refinery plant in Pakistan. for Edible Oil processing.
  • How is edible oil demand met in Pakistan?
  • Local edible oil demand is met through both crushing of oil seeds and import of cooking oil. Cottonseed is the principal oilseed crop grown in Pakistan, accounting for an average of ~87% of domestic oilseed production in the last 5 years. Cottonseed demand is met through local produce only.
  • How did Pakistan's edible oil market perform in FY21?
  • Pakistan¡¯s edible oil market was recorded at USD~9,276mln in FY21 registering a YoY growth of ~10% (FY20: USD~8,413mln). Local consumption was recorded at ~4.8mln MTs in FY21 up ~1% YoY (FY20:~4.7mln MTs). This reflects that the growth in revenue was majorly contributed by a spike in prices (in dollar terms) of inputs (oil seeds).
  • Why does Pakistan import oil & oil seed?
  • Pakistan is heavily dependent on import of oil seed and edible oil to meet local consumption. Further the exposure to exchange rate movement is also high. It is the market norm to pass in entirety the impact of increased cost of purchase to end consumers. International stock of edible oil and oil seed is at historically low level.
  • Which oil is most consumed in Pakistan?
  • Palm oil has largest share in overall edible oil consumption followed by soybean oil, rapeseed oil and sunflower oil. The demand of the edible oil is expected to remain robust and expected to increase more in coming Ramzan month. Pakistan is heavily dependent on import of oil seed and edible oil to meet local consumption.
  • How much does edible oil cost in Pakistan?
  • Average local price of edible oil during FY21 is recorded at PKR~345/kg as compared to PKR~275/kg during FY20 (YoY Growth: 25%). With a per capita consumption of 22kg, Pakistan is the world¡¯s 8th largest consumer of edible oil.