Abstract/Description
Pakistan is spending US$7.57 billion to import food items and contribution of edible oils is US$3.06 billion which is equal to 40% of the food import. The present report aims to evaluate the economic viability of import substitution of edible oil in Pakistan, by focusing on canola and sunflower oil as alternative to wheat production. The study compares the economics of competing crops and assesses the potential for reducing oil imports by reallocating land from wheat to canola or sunflower canola. It further evaluates the import substitution by comparing the price of 1kg of imported oil with domestically produced edible oil. Additionally, the research identifies the challenges and inefficiencies at different nodes of the value chain of edible oils.
Location
MCS-3, AMAN-CED, Ground Floor
Session Theme
1A: Competitiveness, Productivity and Growth I
Session Type
Parallel Technical Session
Session Discussant
Anwar Shah, Quaid-e-Azam University (QAU), Islamabad
Start Date
16-11-2023 2:30 PM
End Date
16-11-2023 4:00 PM
Recommended Citation
Naz, F., & Abedullah, .. (2023). An Evaluation of Comparative Advantage of Domestically Produced Edible Oil Crops: Challenges and Opportunities. CBER Conference. Retrieved from https://ir.iba.edu.pk/esdcber/2023/program/2
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Included in
An Evaluation of Comparative Advantage of Domestically Produced Edible Oil Crops: Challenges and Opportunities
MCS-3, AMAN-CED, Ground Floor
Pakistan is spending US$7.57 billion to import food items and contribution of edible oils is US$3.06 billion which is equal to 40% of the food import. The present report aims to evaluate the economic viability of import substitution of edible oil in Pakistan, by focusing on canola and sunflower oil as alternative to wheat production. The study compares the economics of competing crops and assesses the potential for reducing oil imports by reallocating land from wheat to canola or sunflower canola. It further evaluates the import substitution by comparing the price of 1kg of imported oil with domestically produced edible oil. Additionally, the research identifies the challenges and inefficiencies at different nodes of the value chain of edible oils.
