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Sugar production in 2023/24 is forecast at 7.05 million tons, three percent above the 2022/23 estimate. The marginal increase is due to expectations for a recovery in cane area harvested compared to the flood-damaged 2022/23 crop.
As of March 2023, Pakistani authorities still ban genetically engineered (GE) oilseed imports. While they have made some progress in developing a system to allow for GE oilseed imports, uncertainty regarding when that system will be operative clouds the outlook for oilseed imports.
Pakistan’s MY 2021/22 sugar production is forecast at 6.8 million metric tons (MMT), up 14 percent from the current year’s revised estimate, due to significant increases in area and sugarcane yields.
Pakistan’s cotton production for Marketing Year (MY) 2021/22 is forecast at 5.3 million 480 pound (lb) bales, up 18 percent from the revised 2020/21 estimate...
Pakistan’s Marketing Year (MY) (October/September) 2021/22 edible oil imports are anticipated to be a record 3.7 million metric tons (MMT), up five percent over the previous year to meet increased demand.