Pakistan: Oilseeds and Products Annual

  |   Attaché Report (GAIN)

In addition to edible oil, Pakistan is now a major importer of oilseeds. Marketing year (MY) 2018/19 imports of oilseeds are estimated to exceed edible oil imports, reflecting the growing importance of oilseed meals to the domestic poultry and livestock sectors and rising domestic oil production from imported seeds. Oilseeds imports during 2019/20 are projected at a record 3.8 million tons, up 7 percent from the preceding year. Palm oil continues to be the major imported oil with imports during MY 2019/20 forecast at 3.5 million tons. Pakistan continues to shift from imported soybean meal to soybeans in response to a favorable tariff structure. Because of the poultry industry’s rising inclusion of soybean meal in its feed rations, MY 2019/20 soybean imports are projected at a record 2.8 million metric tons. Cottonseed continues to be Pakistan’s largest domestically produced oilseed and is expected to reach 3.5 million metric tons in MY 2019/20.

Pakistan: Oilseeds and Products Annual

 

 

 

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