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  • Where does Pakistan import palm oil?
  • Refined palm oil accounts for ~98% of Pakistan’s total edible oil imports and is sourced mainly from Malaysia and Indonesia. Pakistan is the fourth-largest importer of palm oil globally, and it is forecast to import ~3.6mln MT of palm oil in FY22, according to the USDA.
  • Is Pakistan a palm oil producer?
  • KARACHI: Pakistan’s southeastern Sindh province has successfully completed a pilot oil palm cultivation and extraction project, putting the country on the list of palm oil producers. An oil extraction facility at the site of the pilot oil palm plantation in the province’s southern Thatta district produced its first oil last week.
  • Why is Pakistan a major importer of refined palm oil?
  • Although Pakistan’s duty structure is designed to facilitate oilseed imports through reduced tariffs and fees as a means of shifting value addition to the domestic oil production industry but still the country is one of the world’s largest importers of refined palm oil.
  • How much oil does Pakistan Eat a year?
  • Pakistan consumes 4.5 million tons of edible oil a year, of which some 90 percent is imported, mainly from Malaysia and Indonesia KARACHI: Pakistan’s southeastern Sindh province has successfully completed a pilot oil palm cultivation and extraction project, putting the country on the list of palm oil producers.
  • 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 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.