Pakistan: Oilseed and Products Update 2019

  |   Attaché Report (GAIN)

Pakistan’s purchases of imported soybeans are estimated to reach at 2.0 million metric tons (MMT) during marketing year (MY) 2018/19, 8 percent lower than last year. Reduced import levels reflect SPS and bioengineered regulatory uncertainty followed by the devaluation of Pakistan’s currency compared to USD. Assuming an easing of regulatory and currency concerns, soybean imports during MY 2019/20 are projected at 2.5 MMT. Pakistan imports a steady volume of soybeans to supply the livestock feed industry. Imports of soybean oil and palm oil are up 54 percent and 9 percent, offsetting the supply gap from reduced imports of canola and sunflower seed followed by the lower production of domestic cotton crop.

Pakistan: Oilseed and Products Update 2019

 

 

Related Reports

Attaché Report (GAIN)

Indonesia: Dairy and Products Annual

Although Indonesian dairy production is still reeling from the 2022 Foot and Mouth Disease (FMD) outbreak, imports of dairy ingredients are expected to decline in 2023.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices increased 2-4 percent as the Thai baht strengthened and new crop rice harvesting was nearly completed.
Attaché Report (GAIN)

Lithuania: FAIRS Annual Country Report

Since its European Union (EU) accession in 2004, Lithuania has consistently harmonized its domestic food and agricultural regulations with EU standards.