Oil seeds and oleaginous fruits market in Pakistan

Earlier Report Observations

The market volume for oil seeds and oleaginous fruits in Pakistan expanded consistently from 531 thousand tons in 2018 to 634 thousand tons in 2023, representing an overall growth of over 19%. This increase was primarily driven by domestic production, which rose from 532 thousand tons to 635 thousand tons over the same period, while import and export flows remained minimal.

The year 2022 saw a growth of 1.7% in market volume, reaching 614 thousand tons. This period was marked by significant global industry developments, including collaborations among major companies like Corteva, BASF, and MS Technologies to develop advanced soybean varieties with nematode resistance. Additionally, new production facilities, such as Cargill's soybean processing plant in Missouri and Bayer's canola seed facility in Canada, indicated capacity expansion that could influence global seed availability and technology transfer. The increasing adoption of genetically modified traits for higher yield and pest resistance, along with a consumer shift toward vegetable oils, provided further momentum for market growth.

In other years, production and market volume continued to rise, albeit at varying paces. For instance, 2019 witnessed a sharp increase of 7.8%, while growth moderated to around 1-4% annually from 2020 to 2023. The sustained upward trajectory reflected ongoing improvements in agricultural practices and steady demand for oilseed crops.

Production oil seeds and oleaginous fruits in Pakistan

In kind, 2017-2020, K t

Pakistan ranked second globally in oil seeds and oleaginous fruits production from 2017 to 2020.

Top producers of oil seeds and oleaginous fruits, 2017-2020

World map of production of oil seeds and oleaginous fruits, 2017-2020

Pakistan's production of oil seeds and oleaginous fruits increased for the second consecutive year. In 2020, the country produced 596.9 thousand tons, marking a measured improvement of 4.2% compared to 2019. However, over the entire 2017-2020 period, production decreased by 3.3%, which translates to an annualized decline of 1.1%. The lowest production level was recorded in 2018 at 531.7 thousand tons, when output fell by 13.9%—the largest decline during this period. In contrast, 2019 saw the largest increase, with production rising by 7.8%.

Annual dynamics of production in Pakistan in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Pakistan's production value of oil seeds and oleaginous fruits also increased for the second consecutive year. In 2020, the output was valued at 772.6 million US dollars, reflecting a sudden increase of 31.0% compared to 2019. The lowest value was recorded in 2018 at 589.1 million US dollars, when it declined by 23.1%—the largest drop in value during this period.

Annual dynamics of production in Pakistan in value, 2017-2020, M $ US

Exports oil seeds and oleaginous fruits from Pakistan

Exports in kind, t

Pakistan's exports of oil seeds and oleaginous fruits in volume terms declined for the second consecutive year. In 2020, exports totaled 404.3 tons, which is 35.0% lower than the previous year. Over the 2017-2020 period, exports decreased by 7.7%, equating to an annualized decline of 2.6%. The highest export volume was recorded in 2018 at 623.2 tons, when exports surged by 42.2%—the largest increase during this timeframe.

Annual dynamics of product's exports from Pakistan in kind, 2017-2020, t

From 2017 to 2020, three main markets—Indonesia, India, and Malaysia—together absorbed 74.0% of Pakistan's total exports of oil seeds and oleaginous fruits in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Pakistan in kind, 2017-2020

Exports in value, K $ US

Pakistan's exports of oil seeds and oleaginous fruits in value terms also declined for the second consecutive year. In 2020, export value totaled 523.2 thousand US dollars, which is 18.2% lower year-over-year. Over the 2017-2020 period, exports decreased by 3.7%, equating to an annualized decline of 1.2%. The highest export value was recorded in 2018 at 690.4 thousand US dollars, when it increased by 27.1%—the largest rise during this period.

Annual dynamics of product's exports from Pakistan in value, 2017-2020, K $ US

From 2017 to 2020, Indonesia (26.3% of exports in value terms), India (24.4%), and Malaysia (21.2%) were the top buyers of oil seeds and oleaginous fruits from Pakistan, with their combined share reaching 71.8% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Pakistan in value, 2017-2020

Imports oil seeds and oleaginous fruits to Pakistan

Imports in kind, t

There were noticeable fluctuations in import volumes during this period. Imports reached their lowest point in 2019 at 0.1 tons and peaked in 2017, with a 806-fold difference between these years. In 2020, Pakistan imported 32.2 tons of oil seeds and oleaginous fruits, marking a steep uptick of 59,551.9% year-over-year. The largest decline was recorded in 2018, when imports fell by 99.8%.

Annual dynamics of product's imports to Pakistan in kind, 2017-2020, t

From 2017 to 2020, India (34.0% of imports in volume terms), Afghanistan (26.3%), and the United Arab Emirates (19.8%) were the leading sources for Pakistan's imports of oil seeds and oleaginous fruits, together accounting for 80.1% of total import flows in volume terms.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Pakistan in kind, 2017-2020

Imports in value, K $ US

There were noticeable fluctuations in import values during this period. Imports hit a trough in 2019 at 0.0 thousand US dollars and peaked in 2017, showing a 3,046-fold fluctuation. In 2020, Pakistan's imports of oil seeds and oleaginous fruits amounted to 32.0 thousand US dollars, up by 207,215.1% over the previous year. The largest decline was recorded in 2018, when import value fell by 99.8%.

Annual dynamics of product's imports to Pakistan in value, 2017-2020, K $ US

From 2017 to 2020, India (40.2% of imports in value terms), Afghanistan (22.4%), and Uganda (19.2%) were the main markets for Pakistan's imports of oil seeds and oleaginous fruits in value terms, together accounting for 81.8% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Pakistan in value, 2017-2020