edible vegetable oil refining production line cotton seeds in pakistan

                                               
                                               
                                               
                                               
                                               
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  • 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 FY20?
  • Pakistan¡¯s edible oil market was recorded at PKR 1,161 million in FY20 registering a YoY growth of 22% (FY19: PKR~950 million). Local consumption was recorded at ~4.9mln MTs in FY20 up ~3% YoY, as (FY19: ~4.7mln MTs).
  • What is the main oil crop grown in Pakistan?
  • Cottonseed is the principal oilseed crop grown in Pakistan, accounting for more than 84 percent of domestic oilseed production. Cotton is a key cash crop and an important input for Pakistan¡¯s textile sector, which is a major contributor to the country¡¯s gross domestic product.
  • 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.
  • What are Pakistan¡¯s imports of edible oil?
  • The 2018/19 imports are based on official data. Refined palm oil accounts for about 97 percent of Pakistan¡¯s total edible oil imports. Soybean oil imports are projected at 100,000 MT in MY
  • Why is oil production down 19 percent in Pakistan?
  • Pakistan¡¯s MY 2020/21 total oilseed production is down 19 percent, mainly due to the historically low cotton production of 4.5 million 480-pound bales. MY 2021/22 total oilseed production is projected to increase 13 percent based on an expected increase in cottonseed production.