Promoting oil seed crops in Pakistan: Prospects and constraints

Oilseeds in Pakistan characterizes a policy failure as the production of oilseeds as well as edible oil has been on the decline despite various initiatives. The country has been augmenting growing demand-supply gap through imports since early 1970. The domestic production contributes only 13-15 perc...

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Main Authors: Rana, Abdul Wajid, Gill, Sitara, Akram, Iqra
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 2022
Subjects:
Online Access:https://hdl.handle.net/10568/127791
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author Rana, Abdul Wajid
Gill, Sitara
Akram, Iqra
author_browse Akram, Iqra
Gill, Sitara
Rana, Abdul Wajid
author_facet Rana, Abdul Wajid
Gill, Sitara
Akram, Iqra
author_sort Rana, Abdul Wajid
collection Repository of Agricultural Research Outputs (CGSpace)
description Oilseeds in Pakistan characterizes a policy failure as the production of oilseeds as well as edible oil has been on the decline despite various initiatives. The country has been augmenting growing demand-supply gap through imports since early 1970. The domestic production contributes only 13-15 percent of the total consumption while 85-87 percent is met through imports. Per capita consumption of vegetable oil has risen from 5.31 kg in 1973-74 to 20 kg in 2018 and is likely to move to 22 kg by 2028 projecting total consumption to 6.5 million tons by 2028 against current local production of less than 0.5 million tons, widening the demand-supply gap further. The import bill for these products has reached over US$4 billion in FY2021 which is straining the balance of trade and the balance of payment. With global uncertainties and challenges facing the oilseeds sector including the sharp price fluctuations and market instability and favorable tariffs for imports, the import bill is likely to move upward underscoring the need for well thought out policy and planning.
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spelling CGSpace1277912025-11-06T05:10:09Z Promoting oil seed crops in Pakistan: Prospects and constraints Rana, Abdul Wajid Gill, Sitara Akram, Iqra policies oil crops agricultural production oilseeds seed oils tariffs subsidies support measures crop yield agricultural products Oilseeds in Pakistan characterizes a policy failure as the production of oilseeds as well as edible oil has been on the decline despite various initiatives. The country has been augmenting growing demand-supply gap through imports since early 1970. The domestic production contributes only 13-15 percent of the total consumption while 85-87 percent is met through imports. Per capita consumption of vegetable oil has risen from 5.31 kg in 1973-74 to 20 kg in 2018 and is likely to move to 22 kg by 2028 projecting total consumption to 6.5 million tons by 2028 against current local production of less than 0.5 million tons, widening the demand-supply gap further. The import bill for these products has reached over US$4 billion in FY2021 which is straining the balance of trade and the balance of payment. With global uncertainties and challenges facing the oilseeds sector including the sharp price fluctuations and market instability and favorable tariffs for imports, the import bill is likely to move upward underscoring the need for well thought out policy and planning. 2022-03-09 2023-01-22T18:18:57Z 2023-01-22T18:18:57Z Working Paper https://hdl.handle.net/10568/127791 en Open Access application/pdf International Food Policy Research Institute Rana, Abdul Wajid; Gill, Sitara; and Akram, Iqra. 2022. Promoting oil seed crops in Pakistan: Prospects and constraints. PACE Policy Research Paper February 2022. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.135063.
spellingShingle policies
oil crops
agricultural production
oilseeds
seed oils
tariffs
subsidies
support measures
crop yield
agricultural products
Rana, Abdul Wajid
Gill, Sitara
Akram, Iqra
Promoting oil seed crops in Pakistan: Prospects and constraints
title Promoting oil seed crops in Pakistan: Prospects and constraints
title_full Promoting oil seed crops in Pakistan: Prospects and constraints
title_fullStr Promoting oil seed crops in Pakistan: Prospects and constraints
title_full_unstemmed Promoting oil seed crops in Pakistan: Prospects and constraints
title_short Promoting oil seed crops in Pakistan: Prospects and constraints
title_sort promoting oil seed crops in pakistan prospects and constraints
topic policies
oil crops
agricultural production
oilseeds
seed oils
tariffs
subsidies
support measures
crop yield
agricultural products
url https://hdl.handle.net/10568/127791
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