Pakistan ramps up purchases of palm and soybean oil in FY 22/23

Published 2022년 12월 22일

Tridge summary

Between July and November of the 2022/23 season, Pakistan experienced a significant 12.93% increase in edible oil imports, including palm and soybean oil, reaching over 1.269 million tons of palm oil worth more than $1.3 billion and 97.9 thousand tons of soybean oil worth $144.094 million. Despite this, November's palm oil imports saw a decrease of 18.43% compared to the previous year, with only 284,964 metric tons imported. Conversely, soybean oil imports in November surged by 69.32%, totaling 20 thousand tons.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Imports of edible oil, including palm and soybean, to Pakistan increased by 12.93% in 5M 2022/23. In the period from July to November, more than 1.269 million tons of palm oil worth more than $1.3 billion were imported to meet domestic needs, compared to 1.334 million tons for $1.527 billion in the same period last year. Meanwhile, more than 97.9 thousand tons of soybean oil worth $144.094 million was also imported to meet local needs, compared with imports of 34.6 thousand tons worth $43.095 million in the same period last year. However, the country's palm oil imports fell 18.43% in November compared to the corresponding month last year, according to ...

Source: Oilworld