Consumption of oil, fat per capita increased to 18.7 kg in Bangladesh

Published 2021년 6월 23일

Tridge summary

Bangladesh has seen a significant increase in its oil and fat consumption, rising from 13.8 kg five years ago to 18.7 kg in 2019. To meet this demand, the country imported over 4.7 million tonnes of oil crops at a cost of Tk 248 billion in FY’19. In response, the Ministry of Agriculture has launched a five-year project aimed at enhancing oilseed production and reducing import dependency. The project aims to expand the cultivation area of key oil crops by 20% through the adoption of modern varieties and technology. It also seeks to boost yield by 15-20% using advanced farming practices. The ministry also emphasized the cultivation of oilseeds alongside rice, which could potentially increase production and efficiency. The project targets to raise oilseed production in 250 upazilas to offset the high import costs and address the land scarcity challenges faced in oilseed production.

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Original content

The country’s oil and fat consumption has increased to 18.7 kilogrammes (kg) which was 13.8 kg five years back. The disclosure was made on Wednesday at a national level virtual workshop, organised by the Ministry of Agriculture (MoA), to introduce its five-year ‘oilseed production enhancement project’ worth Tk 2.78 billion. National oil and fat consumption was 2.22 million tonnes in 2015 which increased to 3.08 million tonnes in 2019. Agriculture Minister Dr Muhammad Abdur Razzaque spoke as the chief guest while DAE Director General Md Asadullah chaired. Md Jasim Uddin, director of the project, presented a paper which said the country imported above 4.7 million tonnes of ‘oil crops’ worth Tk 248 billion in FY’19 to meet the domestic demand. Of the consumed cook-oil, 90 per cent was imported, it said. The paper said per capita oil and fat consumption increased to 18.7 kg in 2019 which was 13.8 kg in 2015. It said the project has targeted to raise cultivation area of oil crops ...

Source: The Financial Express