Pakistan is a net importer of oilseeds and edible oils, as domestic production of edible oils is sufficient to meet about 24 percent of total demand. Pakistani oilseed production consists of cotton seed, sunflower seed, and rapeseed production.
MY 2013/14 oilseed production is forecast at 5.4 MMT, four per cent higher than the revised MY 2012/13’s 5.1 MMT harvest, due to higher cotton yields.
Imports of oilseeds are forecast at 937,000 MT a 19 per cent increase from MY 2012/13 due to increased human and animal consumption. Total supply of oilseed available for crushing in MY 2013/14 is forecasted at 5.6 MMT, six per cent higher than MY 2012/13.
MY 2013/14 domestic meal production is forecast at 3.2 MMT, up seven per cent from current year’s level of 3.0 MMT. MY 2013/14 imports of soybean meal are forecast at 460,000 tons, 15 per cent higher than MY 2012/13 imports.
MY 2013/14 oil production is forecast at 1.31 MMT, four percent higher than the current year’s estimate of 1.26 MMT. Vegetable oil imports are forecast at a record 2.44 MMT, an increase of six per cent relative to MY2012/13, due to record oil consumption.
