palm oil production line edible oil press in pakistan

   
palm oil production line edible oil press in pakistan
                                               
                                               
                                               
                                               
  • palm oil production line edible oil press in pakistan
  • Why does Pakistan import palm oil?
  • Palm oil is Pakistan's largest food import item with a 30 percent share in agro imports and the country¡¯s second-biggest import after petroleum. The bulk imports are a consequence of Pakistan¡¯s increasing per capita consumption of edible oil, and the inability to produce adequate quantities of edible oil domestically.
  • 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).
  • Is palm oil a burden for Pakistan?
  • Thus, palm oil can be a burden for Pakistan if imported without intervention on an international level and can be a breather if the crude palm is imported and utilized effectively to meet the edible oil requirements until Pakistan becomes self-sufficient in oilseed production and solvent extraction.
  • How much edible oil is consumed in Pakistan?
  • Pakistan¡¯s local consumption of edible oil is 5 MMT, out of which 1.5 MMT ¨C 30 percent of edible oil is domestically-produced, the remaining 3.5 MMT ¨C 70 percent of edible oil needs are met through the import of refined palm oil (Rehman S. , 2021).