Pakistan: Oilseeds and Products Annual

While there is still considerable uncertainty regarding implementation, in January 2024 the government approved a system allowing for the resumption of genetically engineered commodity imports. As a result, rapeseed and soybean imports are forecast to rebound in 2024/25, and domestic crush and use is expected to increase accordingly. In line with population growth, palm oil imports are forecast to grow in 2024/25. Better returns from alternative crops is causing stagnation in domestic oilseed output.