Production:

Pakistan produces about 25 percent of its vegetable oil needs domestically and 2015/16 production is forecast to decline marginally from the revised 2013/14 and 2014/15 estimates that reflect officials estimates.

Consumption:

MY 2015/16 total oil consumption is forecast at a record 3.8 MMT, up 3.5 percent from the current marketing year. Both the 2013/14 and 2014/15 estimates are now lower given reduced imports. Palm oil dominates the imported vegetable oil market and is commonly blended with other and sold as cooking oil. For health reasons, well-to-do consumers are gradually shifting from hydrogenated oils to soft oils.

Trade:

Pakistan is a leading importer of vegetable oil. In MY 2015/16, total imports are forecast at 2.8 MMT, up twelve percent from the revised 2014/15 estimate. 2013/14 imports are estimated lower based on official data. Refined palm oil accounts for about 98 percent of Pakistan's total edible oil imports, but imports of soybean oil are expected to increase to 140,000 MT in MY 2015/16 as importers look to alternative supply sources based on pricing. Demand for imported oil is likely to continue to expand as clarified butter prices (a favorite in Pakistani cooking) remain firm due to strong demand, and lower income consumers who are moving up the economic ladder increase the amount of vegetable oil (a key component in Pakistani cooking) in their cooking. Per capita consumption is at 20 kg, but there is still room for growth as gross domestic product grows, albeit slowly.

Total Oil Pakistan

2013

2014

2015

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

5,290

4,825

5,865

5,815

0

5,230

Beginning Stocks

186

186

258

186

0

215

Production

1,214

1,005

1,370

1,250

0

1,035

MY Imports

2,728

2,347

2,700

2,510

0

2,820

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

4,128

3,538

4,328

3,946

0

4,070

MY Exports

40

40

40

40

0

50

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

115

115

115

115

0

115

Food Use Dom. Cons.

3,649

3,135

3,872

3,515

0

3,644

Feed Waste Dom. Cons.

66

62

61

61

0

61

Total Dom. Cons.

3,830

3,312

4,048

3,691

0

3,820

Ending Stocks

258

186

240

215

0

200

Total Distribution

4,128

3,538

4,328

3,946

0

4,070

CY Imports

2,538

2,332

2,402

2,402

0

2,400

CY Imp. from U.S.

47

47

50

50

0

60

CY Exports

40

40

40

40

0

40

CY Exp. to U.S.

0

0

0

0

0

0

TS=TD

0

0

0

0

0

0

Oil, Cottonseed Pakistan

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

3,650

3,700

3,850

4,100

0

3,800

Extr. Rate, 999.9999

0.

0.1514

0.

0.1512

0

0.15

Beginning Stocks

15

15

10

10

0

10

Production

560

560

590

620

0

570

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

575

575

600

630

0

580

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

30

30

30

30

0

30

Food Use Dom. Cons.

535

535

560

590

0

540

Feed Waste Dom. Cons.

0

0

0

0

0

0

Total Dom. Cons.

565

565

590

620

0

570

Ending Stocks

10

10

10

10

0

10

Total Distribution

575

575

600

630

0

580

CY Imports

0

0

0

0

0

0

CY Imp. from U.S.

0

0

0

0

0

0

CY Exports

0

0

0

0

0

0

CY Exp. to U.S.

0

0

0

0

0

0

TS=TD

0

0

0

0

0

0

Oil, Rapeseed Pakistan

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

870

700

1,100

1,120

0

650

Extr. Rate, 999.9999

0.

0.3929

0.

0.3929

0

0.3923

Beginning Stocks

0

0

4

4

0

3

Production

341

275

432

440

0

255

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

341

275

436

444

0

258

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

10

10

10

10

0

10

Food Use Dom. Cons.

326

260

422

430

0

244

Feed Waste Dom. Cons.

1

1

1

1

0

1

Total Dom. Cons.

337

271

433

441

0

255

Ending Stocks

4

4

3

3

0

3

Total Distribution

341

275

436

444

0

258

CY Imports

0

0

0

0

0

0

CY Imp. from U.S.

0

0

0

0

0

0

CY Exports

0

0

0

0

0

0

CY Exp. to U.S.

0

0

0

0

0

0

TS=TD

0

0

0

0

0

0

Oil, Sunflowerseed Pakistan

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

770

425

815

395

0

380

Extr. Rate, 999.9999

0.

0.4

0.

0.4051

0

0.3947

Beginning Stocks

10

10

10

10

0

10

Production

313

170

330

160

0

150

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

323

180

340

170

0

160

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

0

0

0

0

0

0

Food Use Dom. Cons.

313

170

330

160

0

150

Feed Waste Dom. Cons.

0

0

0

0

0

0

Total Dom. Cons.

313

170

330

160

0

150

Ending Stocks

10

10

10

10

0

10

Total Distribution

323

180

340

170

0

160

CY Imports

0

0

0

0

0

0

CY Imp. from U.S.

0

0

0

0

0

0

CY Exports

0

0

0

0

0

0

CY Exp. to U.S.

0

0

0

0

0

0

TS=TD

0

0

0

0

0

0

Oil, Soybean Pakistan

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

0

0

100

200

0

400

Extr. Rate, 999.9999

0.

0.

0.

0.15

0

0.15

Beginning Stocks

10

10

8

12

0

12

Production

0

0

18

30

0

60

MY Imports

78

47

50

60

0

70

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

88

57

76

102

0

142

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

5

5

5

5

0

5

Food Use Dom. Cons.

75

40

60

85

0

125

Feed Waste Dom. Cons.

0

0

0

0

0

0

-

0

0

0

0

0

0

Total Dom. Cons.

80

45

65

90

0

130

Ending Stocks

8

12

11

12

0

12

Total Distribution

88

57

76

102

0

142

CY Imports

47

45

50

50

0

60

CY Imp. from U.S.

0

0

0

0

0

0

CY Exports

0

0

0

0

0

0

CY Exp. to U.S.

0

0

0

0

0

0

TS=TD

0

0

0

0

0

0

Oil, Palm Pakistan

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: May 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Planted

0

0

0

0

0

0

Area Harvested

0

0

0

0

0

0

Trees

0

0

0

0

0

0

Beginning Stocks

151

151

226

150

0

180

Production

0

0

0

0

0

0

MY Imports

2,650

2,300

2,650

2,450

0

2,750

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

2,801

2,451

2,876

2,600

0

2,930

MY Exports

40

40

40

40

0

50

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

70

70

70

70

0

70

Food Use Dom. Cons.

2,400

2,130

2,500

2,250

0

2,550

Feed Waste Dom. Cons.

65

61

60

60

0

60

Total Dom. Cons.

2,535

2,261

2,630

2,380

0

2,680

Ending Stocks

226

150

206

180

0

200

Total Distribution

2,801

2,451

2,876

2,600

0

2,930

CY Imports

2,450

2,275

0

2,300

0

2,400

CY Imp. from U.S.

0

0

0

0

0

0

CY Exports

40

40

40

40

0

40

CY Exp. to U.S.

0

0

0

0

0

0

TS=TD

0

0

0

0

0

0