Pakistan's agriculture output is the 10th largest in the world. The country produces large and growing quantities of cereals, meat, milk, fruits and vegetables. Currently, Pakistan produces about 38 million tons of cereals (mainly wheat, rice and corn), 17 million tons of fruits and vegetables, 70 million tons of sugarcane, 60 million tons of milk and 4.5 million tons of meat. Total value of the nation's agricultural output exceeds $50 billion. Improving agriculture inputs and modernizing value chains can help the farm sector become much more productive to serve both domestic and export markets.
Top 10 Countries by Agriculture Output. Source: FAO |
Pakistan has about 36 million hectares of land under cultivation. Wheat and rice are grown on more than half of it. Fruits and vegetables each account for only about 3% of the cultivable land. Since year 2001, the country's cereal production, mainly wheat, corn and rice, has grown about 45% to 38 million tons. Pakistan produced 6.64 million tons of vegetables and 5.89 million tons of fruits in 2001.
Pakistan is the world’s 4th largest exporter of rice. The country's domestic production is estimated to surge 13.6% to an all-time high of 8.4 million tons in the year end June 2021, according to Bloomberg.
Vegetable production rose to about 10 million tons and fruit production increased to nearly 7 million tons in 2015. A little over 60% of Pakistan's agriculture consists of livestock. Pakistan produces 60 million tons of milk and 4.5 million tons of meat. Fish production adds up to about 575,000 tons.
Pakistan's Rising Rice Exports. Source: Bloomberg |
Share of Land For Various Crops in Pakistan |
Crop yields in Pakistan are low, mainly due to poor quality inputs like seeds. In addition to fertilizer and water, seed is the basic input for agriculture sector and has a major role in enhancing agriculture productivity. This needs to be a key area of focus for Pakistani policymakers working on agriculture.
Other critical area is post-harvest handling, particularly storage and transportation that is in desperate need of improvement. Post-harvest losses in fruits and vegetables due to mishandling of the perishable product, poor transportation, and inadequate storage facilities and market infrastructure account for about 30%–40% of total production, according to experts at Asian Development Bank.
World's 5th Largest Population of Chicken in Pakistan |
Improvements in agriculture inputs and modernization of post-harvest process require significant financing and investment. Growers get only a small fraction of value of what they produce, making it difficult for them to make these investments. Middlemen finance farmers and take the lion's share of profits in the value chain.
Source: FAO via Kleffmann Group |
Most of the farmers sell their produce to wholesalers via middlemen called arthis, according to an ADB report. Farmers contract out fruit orchards during the flowering stage to the middlemen (arthis), commission agent, and/or wholesalers who provide loans to the farmers over the course of production. Vegetables and fruits are transported by the same cart or truck from farms to the main markets in the absence of specialized vehicles for specific products. The same vehicle is used for many other purposes including animal transportation. Recently however, reefer (refrigerated) trucks have been introduced on a limited scale in some parts of Pakistan. In the absence of direct access of carrier vehicles to the farms, farmers gather their products in a convenient spot along the roadside for pickup. When middlemen or contractors are involved, it is their responsibility to collect and transport the produce. The unsold produce in one market is sent to other markets in the same locality.
Date Palms in Sindh, Pakistan. Photo: Emmanuel Guddu |
Investments in modernization of the agriculture production process and farm-to-market value chain will require major reforms to ensure growers get a bigger share of the value. The extraordinary power of the middlemen (arthis) as financiers needs to be regulated. This can not happen without legislation in close consultation with the growers. Improving agriculture inputs and modernizing value chains can help raise the productivity of the farm sector for it to serve both domestic and export markets better.
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Riaz Haq
Pakistan world's 7th largest sugar producing country.
https://www.czarnikow.com/blog/the-sugar-series-the-top-10-sugar-pr...
10. Australia 4.1 million tons
9. Russia 5.4 million tons
8. Mexico 6.1 million tons
7. Pakistan 7.8 million tons
4. Thailand 10.3 million tons
3. European Union and UK 21 millon tons (Beet sugar in France, Germany, Belgium, Poland)
2. Brazil 34.9 million tons
1. India 36 million tons
7. Pakistan
Sugarcane is a major cash crop for Pakistan and, unlike India and Brazil, Pakistan grows the plant almost solely for the purpose of sugar extraction. In 2021/22 the nation produced 7.8 million tonnes of sugar – its highest volume ever. Pakistan’s sugar industry was challenged by drought in 2019/20 which, for an agrarian economy like Pakistan with a cane yield per hectare smaller than the world average (46 tonnes per hectare verses 60 tonnes per hectare respectively), was a serious problem. From 2016/17 to 2019/20 Pakistan saw year-on-year decline in its sugar output. But its fortunes have changed. Sugar production increased for two consecutive seasons because yields and land area for sugarcane increased significantly and government measures to protect farmers’ incomes guaranteed a minimum sales price.
In February 2021 Pakistan’s sugar prices rose as predictions of overall output being 200,000 tonnes less in 2021/22 than the 2020/21 season influenced speculative action in the market. That did not happen. Instead, Pakistan’s sugar output was over two million tonnes higher in 2021/22 than 2020/21. In October 2022 traders found themselves waiting on the government to authorise exports of the excess sugar produced.
Jul 14, 2023
Riaz Haq
Peanuts to solve high edible oil prices issue
Pakistan, China join hands to increase planting area, crop yield
https://tribune.com.pk/story/2404516/peanuts-to-solve-high-edible-o...
Lately, Rainbow’s high-oleic-acid peanut cultivation base project was formally included in the China-Pakistan agricultural cooperation framework by the Ministry of Agriculture, China.
“As you can see, our seed registration with Pakistan Agricultural Research Council (PARC) has started. A total of five high-oleic peanut varieties for oil extraction of Runhua series have been trial-planted in Pakistan, which is expected to achieve fruitful results,” revealed Fan Changcheng, Deputy General Manager of Rainbow.
“Next, our aim is to increase the area gradually to 1,500 hectares in the coming years,” he said.
“My country has a long tradition of peanut planting. Peanuts like warm environment with sufficient sunlight, with loose and breathable sandy loam as the most suitable soil condition. The Potohar region of Punjab is the best area for peanut production,” Ijaz stated, adding that peanut seeds contain 40-50% oil and the high-oleic peanut oil is rich in unsaturated fatty acids.
“During our trial, we always focused on how the local environment can act on the quality of seeds on the whole. The varieties we selected have the highest oleic acid content, up to 75-80%, which means very high nutritional value.”
“Self-sufficient in peanut production means that we can reduce our import bill of edible oil,” said Muhammad Jahanzaib, Scientific Officer of the Oil Seed Research Programme in NARC Pakistan.
Statistics of the US Department of Agriculture showed that Pakistan’s peanut planting area in 2022-23 is about 150,000 hectares, with total output of 140,000 metric tons.
THE ARTICLE ORIGINALLY APPEARED ON THE CHINA ECONOMIC NET
Jul 14, 2023
Riaz Haq
The alliance between Pakistan and China in the field of agriculture has emerged as a powerful force driving economic growth, sustainable development, and food security in both nations.
https://dailytimes.com.pk/1109673/agriculture-emerges-as-a-powerful...
The strategic collaboration between these two neighboring countries, under the framework of the China-Pakistan Economic Corridor (CPEC), has witnessed significant advancements in recent years, transforming the agricultural landscape of Pakistan, according to a report carried by Gwadar Pro on Monday. Through joint initiatives, technological exchanges, and investment in key sectors, the bilateral partnership has not only addressed Pakistan’s domestic agricultural challenges but has also paved the way for future prosperity and self-sufficiency.
The agricultural cooperation between Pakistan and China has witnessed remarkable developments, particularly in the cultivation of high-value crops and the introduction of advanced farming technologies. The collaboration between Chinese and Pakistani companies in producing Chinese hybrid canola and edible oil has significantly reduced Pakistan’s dependence on imported cooking oil, meeting the country’s domestic demand while bolstering its foreign exchange reserves.
The success of chili cultivation in South Punjab, Sindh and other provinces has opened new avenues for export to China, with substantial growth in agricultural exports expected in the coming years. The establishment of the CPEC-Agriculture Cooperation Centre (ACC) and the signing of agreements between educational institutions for agricultural training programs further demonstrate the commitment of both nations to fostering long-term cooperation in the agricultural sector.
With the establishment of the China-Pakistan Green Corridor (CPGC) under CPEC, the focus on agricultural environment and food security has taken center stage. The utilization of advanced agricultural technologies, such as maize-soybean strip intercropping, has demonstrated economic benefits by increasing crop yields and improving resource efficiency. The agricultural cooperation between Pakistan and China has yielded remarkable results. In 2022 alone, Pakistan’s agricultural sector experienced a commendable growth rate of 4.4%, surpassing both the set target of 3.5% and the previous year’s growth of 3.48%.
Jul 14, 2023
Riaz Haq
The alliance between Pakistan and China in the field of agriculture has emerged as a powerful force driving economic growth, sustainable development, and food security in both nations.
https://dailytimes.com.pk/1109673/agriculture-emerges-as-a-powerful...
This achievement is a testament to the effectiveness of the initiatives implemented under CPEC and the Green Corridor in particular. The surge in agricultural exports to China reflects a staggering year-on-year increase. With expectations of agricultural exports surpassing a record high in 2023, it is evident that the agricultural cooperation between these two nations has bolstered trade relations and presented new opportunities for Pakistan to establish itself as a key player in the global agricultural market.
In addition to the impressive growth rates and increased agricultural exports, there are other significant numbers that underscore the impact of the agricultural cooperation between Pakistan and China. One noteworthy aspect is the cultivation of dried chilli, which has witnessed substantial progress. This not only signifies the expansion of chilli cultivation in Pakistan but also highlights the potential for exporting this sought-after commodity to China.
The successful implementation of the maize-soybean strip intercropping technology at 65 demonstration sites in Punjab, Sindh, and Khyber-Pakhtunkhwa has yielded impressive results. The intercropped fields have achieved maize and soybean production of 8,490 kg and 889 kg per hectare, respectively, surpassing the yields of solely cropped maize and soybeans. This innovative technique demonstrates the effectiveness of knowledge and technology transfer from China to Pakistan, resulting in increased productivity and economic benefits for farmers.
Many agro-based innovative Chinese companies involved in production and support for bee farming, honey production, sorghum, sesame and peanuts in various regions of Pakistan has made substantial contribution in diversifying these corps and their production. The ongoing efforts to strengthen ties reflect a long-term commitment to advancing agricultural practices, technology transfer, and market access. As the collaboration deepens, it is essential to prioritize sustainable farming practices, resource management, and the adoption of modern technologies to ensure long-term productivity and environmental conservation. By fostering innovation, knowledge exchange, and market diversification, the agricultural sector in Pakistan is poised to become a driver of economic growth, food security, and rural development, while further cementing the bilateral ties between Pakistan and China.
Jul 14, 2023
Riaz Haq
Pakistan's Rise as Strong Competitor Threatens India's Supremacy in Global Maize Market
https://krishijagran.com/news/pakistans-rise-as-strong-competitor-t...
In the worldwide maize (corn) market, Pakistan has emerged as a strong rival to India, delivering the coarse cereal at a lower price in South-East Asia.
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"Pakistan is currently dealing with a number of difficulties. This year, India boasts a bountiful maize crop. The situation is expected to improve as new contracts are signed by Indian exporters to South-East Asia and Gulf countries," said Mukesh Singh, Managing Director of Mumbai-based MuBala Agro Commodities Pvt Ltd.
"Pakistan benefits from its currency's depreciation against the US dollar." However, it has limited numbers and is only targeting South-East Asia," said Rajesh Paharia Jain, a New Delhi-based exporter. According to a trade analyst in Delhi, Indian exporters cannot help with such buyer behavior, even though such cases are rare. "However, there are issues. No one is issuing letters of credit (LCs) to facilitate trade with Pakistan. Also, container availability is an issue," he added.
According to Prakash, Indian maize is being offered for USD 307-15 per tonne, while Pakistani maize is being sold at USD 293-95 cost and freight. According to Jain, Pakistan is offering its produce for USD 280 f.o.b., whereas India is requesting USD 295 f.o.b. "India should be able to reclaim the advantage, primarily through lower east coast freight rates."
Our maize, on the other hand, is hampered by a flat Indian currency and a lack of government support, in addition to greater handling and storage costs," Jain explained. "We don't have any supply issues. As prices have calmed slightly, we are getting maize supplied for USD 24,000 per tonne in Chennai', added Prakash.
The median price (rates at which most trades take place) of maize at Davangere in Karnataka is 2,017 per quintal, according to data from Agmarknet, a subsidiary of the Agriculture Ministry, down 150 since last month. This crop year's minimum support price (MSP) for maize is USD 1,962. Prices have fallen below the MSP in some Maharashtra marketplaces.
Corn futures on the Chicago Board of Trade (CBOT) are trading at a one-month high of USD 6.5 per bushel (USD 255.89 per tonne) due to robust demand. According to Jain, the quality of Indian maize is superior, but it is unable to gain since it is desired for feed rather than human use. MuBala's Singh stated that he has had orders from Oman and Saudi Arabia, but in lesser lots of 5,000 tonnes. Vietnam and Malaysia were also buying in large quantities.
However, issues have arisen with shipments to Bangladesh, the main consumer of Indian maize, because Indian LCs are not being fulfilled. According to the analyst, demand for Indian maize would remain strong in light of agricultural concerns in the United States. "There is uncertainty about supply from the United States. In addition, supplies from Ukraine are in doubt. Maize demand remains strong, and India stands to benefit," he said.
A record high maize yield of 34.61 million tonnes (mt) is expected to help meet export requests. According to figures from the Agricultural and Processed Food Products Export Development Authority (APEDA), maize exports were 28.6 lakh tonnes (lt) valued at USD 931 million during the April-January period of the 2022-23 fiscal, with Bangladesh accounting for 15 lt and Vietnam contributing for 5.7 lt. Maize exports were 36.9 lt valued at $1.02 billion in 2021-22.
Jul 15, 2023
Riaz Haq
Maize has been the one glimmer of hope in a broken agriculture sector with all other major crops either losing acreage and productivity or showing stagnant growth. Pakistan’s maize output has grown 4.5 times between 2000 and 2020 in the face of looming climate change challenges.
https://propakistani.pk/2023/05/08/replicating-the-success-story-of...
It has witnessed an estimated 60 percent increase in productivity in the last decade according to the data published by the Pakistan Bureau of Statistics and Economic Survey of Pakistan. It’s the third-biggest cereal crop. In addition to direct human consumption, its uses range from poultry, livestock, and fisheries all of which play a key role in ensuring Pakistan’s national food security.
Since the opening of the first maize research institutes of the country in Yousafwala (Sahiwal) and Pirsabak (NWFP) in 1971 and the introduction of spring maize cultivation in 1975, maize acreage and production have been growing steadily over the years.
A coordinated Maize and Millet Research Programme initiated the same year and simultaneous efforts by the private sector have brought us to the point where Pakistan has surplus stocks of maize to export. It’s one of the few instances where the government and private sector has jointly built something so immense from scratch, especially in the agriculture sector.
On the other hand, all other major crops have faced problems and farmers are struggling to keep up the productivity with a wide range of challenges from water shortages and floods, increasing input prices, changing climate and the idle and under-funded R&D infrastructure. It is understandable to wonder about the reasons behind the consistent increase in production when it comes to maize.
Developing the market
The primary driver behind the growth of any commodity is sustainable demand and fortunately for maize, it found a robust market. Poultry, one of the biggest sub-sectors with an annual turnover of Rs. 1500 billion and 10-12 percent annual growth, has been the key recipient of maize grain.
An estimated 65 percent of Pakistan’s production goes to providing poultry feed while 15 percent goes to wet milling, a process that mainly gives starch and other by-products like corn oil, gluten, fibre, and several important chemicals. All of these have widespread use cases from beverages, bakeries, processed food, oil, industrial alcohol, textile, paper, and pharmaceuticals.
Another 10 percent is utilized to produce cattle feed while the little of what’s left is used for human consumption. All of this points towards the fact that if we want the same success in other major crops Pakistan is struggling with, we need to develop their market and demand will take care of the rest.
It is unfathomable to expect an increase in cotton acreage and productivity when the textile sector is suffering from inflating energy crisis, uncompetitive tariffs, lack of skilled labor and the lack of innovation and value addition.
The same is true for oil seed crops where 75 percent of the consumption for edible oil is met with imported palm oil while the informal sector which constitutes desi ghee and domestic mustard oil cover 70-80 percent of the market. We simply lack the conducive infrastructure that can incentivize and promote the growth of oil seed crops. As long as there will be uncertainty on the market end, farmers will remain cautious in following the trend.
Research & Development
While the market demand played its role, the same can also be said about cotton, which has the biggest sector of the economy to back it, but the country is still failing to revive production to 2014 levels, let alone making any new breakthrough. The answer is research. The way the public and private sector has developed and promoted the modern maize hybrid seeds among farming communities, is unforeseen for any other crop, even cotton.
Industry-led efforts and Pakistan’s cooperation with China to introduce hybrids for rice and wheat are still in the early stages, but maize hybrid has already made its mark. Although, hybrid maize accounts only for 40 percent of the maize grown in the country, it contributes far more to the overall production due to high-yielding cultivars.
According to the farmers we talked to, they are often lucky to get nearly 40 maunds per acre with traditional varieties, but hybrid maize can easily guarantee 100 maunds per acre with the right practices.
Maize hybrids introduced by International companies like Bayer and Corteva have been central in maize’s success, stated Ali Hamed, Researcher at MNS University of Agriculture, Multan, and Project Officer with the Australian Center of International Agriculture Research. Recently introduced rice hybrids are being grown in some areas, but the success is yet far and the same is true for hybrids for wheat, he added.
He revealed that wheat hybrids in the works at the moment provide 75 maunds per acre yield at best and farmers are already getting up to 60 maunds per acre with current cultivars. It’s a norm to use the previous year’s grains as seeds but the same cannot be done with hybrids and farmers have no intention to buy new seeds every year for so little advantage.
Another issue is the stereotype associated with hybrid grains among the masses that they are harmful to human consumption. Maize is not mainly used as a staple food but the same cannot be said when it comes to rice and wheat so even if these hybrids come to market, they will have a hard time getting public acceptance unless the government needs to raise awareness.
Coming to the oil seeds crops, despite the best efforts of the research institutions, current cultivars of canola have lower yield capacity while the experiments for soybean adaptability still yield encouraging results. We were fortunate to have foreign companies coming and introducing proven hybrids when it comes to maize, but the rest is up to us. Unless the government prioritizes research and development and raise the standard of work being done in this area, consistent growth will remain a fantasy.
Jul 15, 2023
Riaz Haq
....the agriculture sector, which is widely considered the backbone of Pakistan’s economy, saw a 27.5% growth in agri loans, after the agriculture lending financial institutions disbursed Rs 1.222 trillion on account of agricultural financing during the first nine months (July-March) of this fiscal year.
https://www.brecorder.com/news/40253439/for-pakistans-agriculture-s...
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Habib Bank Limited (HBL), one of the country’s largest banks, said that it intends to establish a subsidiary to promote Pakistan’s agriculture sector.
The development was shared by HBL in its notice to the Pakistan Stock Exchange (PSX) on Wednesday.
“We would like to clarify that the bank (HBL) intends to set up a subsidiary, to promote the agriculture sector of Pakistan, for which a detailed feasibility report has been finalised,” read the notice.
HBL said that it is currently in the process of obtaining all regulatory approvals required for the incorporation of the said subsidiary.
HBL declared earnings in January-March with a profit before tax (PBT) of Rs21.5 billion, 47% higher than the PBT of Rs14.6 billion last year.
The bank’s profit after tax rose by 54% to Rs 13.3 billion with earnings per share improving from Rs 5.78 in Q1’22 to Rs 9.00 in Q1’23.
Meanwhile, the agriculture sector, which is widely considered the backbone of Pakistan’s economy, saw a 27.5% growth in agri loans, after the agriculture lending financial institutions disbursed Rs 1.222 trillion on account of agricultural financing during the first nine months (July-March) of this fiscal year.
According to the Economic Survey of Pakistan released last month, the State Bank of Pakistan (SBP) allocated the indicative agricultural credit disbursement target of Rs1.819 trillion for FY23, which is 28.2 percent higher than last year’s disbursement of Rs 1.419 trillion.
Further, the outstanding portfolio of agricultural loans has increased by Rs80.2 billion and reached Rs712.9 billion at the end of March 2023 compared to Rs632.7 billion at the end March 2022, witnessing 12.7% growth.
Analysis of the sector-wise disbursement reveals that out of the total disbursement of Rs 1.222 trillion, the farm sector has received Rs 625.1 billion (51.2%) and Rs 596.8 billion (49%) has been disbursed to non-farm sector during July March FY2023.
Jul 20, 2023
Riaz Haq
Eight months into Pakistan’s financial calendar, the country’s seafood exports are up 23 percent by volume and 12 percent by value year-over-year.
https://www.seafoodsource.com/news/premium/supply-trade/pakistans-s...
Between July 2022 and February 2023, Pakistan exported 126,270 metric tons (MT) of seafood valued at USD 300.2 million (EUR 275.3 million), up from 100,154 MT valued at USD 267.8 million (EUR 245.5 million) in the same period the year prior. Seafood exports grew nearly 5.8 percent by volume and 5.6 percent by value in February 2023 compared to the month prior, hitting totals of 18,548 MT of exports valued at USD 38.3 million (EUR 35.1 million), according to The Nation.
Exports to China fueled the growth, according to Ghulam Qadir, the commercial counselor in Pakistan’s Embassy in Beijing, speaking with China Economic Net. In 2022, Pakistan exported USD 198.3 million (EUR 181.8 million) in seafood to China, up from USD 139.3 million (EUR 127.7 million) in 2021, when Pakistani exporters struggled with strict import restrictions in China. Pakistan’s exports of frozen fish nearly doubled in value year-over-year in 2022, reaching USD 63.3 million (EUR 58.0 million) in value and 30,637 MT in volume, up from USD 33.4 million (EUR 30.6 million) and 18,987 MT in 2021.
“The increase in Pakistan’s seafood exports to China is largely attributed to the increasing demand for fish of the Chinese people and the growing popularity of Pakistani fish in Chinese restaurants,” Qadir said. “This has led to a successive increase in Pakistani seafood exports every year since 2020.”
The China-Pakistan Free Trade Agreement has been a boon to Pakistani seafood exporters, Qadir said, with more seafood species being added to the list of zero-tariff items over the past year.
“Now many Pakistani seafood exporters enjoy zero-traffic duty on seafood items while they are getting more awareness about China-Pakistan Free Trade Agreement,” he told Pakistan Today in December 2022.
More Pakistani seafood exporters are interested in exporting to China and are seeking collaborations with Chinese companies that will help them boost production, including sharing of aquaculture technology expertise and best practices, Qadir said. An expansion of the Gwadar fishing port has also helped Pakistan expand its exports to China.
Pakistan exports seafood to around 45 countries …
Jul 24, 2023
Riaz Haq
Pakistan sets up center to boost agricultural growth with $500 million Saudi assistance
https://www.arabnews.pk/node/2333736/pakistan
The center will work in collaboration with Saudi Arabia, the UAE, Qatar, Bahrain and China on various projects
It aims to enhance modern agro-farming in Pakistan by utilizing over 9 million hectares of uncultivated state land
ISLAMABAD: Pakistan has established a Land Information and Management System, Center of Excellence ((LIMS-CoE) to enhance modern agro-farming by utilizing over 9 million hectares of uncultivated state land, a senior official said on Thursday, adding that Saudi Arabia provided an initial $500 million investment to set up the facility.
Pakistan, an agriculture-based economy contributing 23 percent to the GDP and employing 37.4 percent of the labor force, faces recurrent economic hardships. Currently, the productivity remains below par, with a decreasing cultivation area, a population-production gap, and agricultural imports amounting to $10 billion.
According to the World Food Program, around 36.9 percent of Pakistanis are food insecure, with 18.3 percent experiencing severe food crises. The country faces a shortfall of 4 million metric tons in wheat production against a total demand of 30.8 million metric tons, while cotton production has fallen by 40 percent to around 5 million bales in the last decade.
“As far as the high efficiency irrigation system is concerned, Saudi Arabia has already given us [Pakistan] $500 million,” Maj. Gen. Shahid Nazeer, who heads the LIMS-CoE, told reporters at a briefing on Thursday.
“Aimed at enhancing modern agro-farming utilizing over 9 million hectares of uncultivated waste state land, LISM-CoE has been established under the Director General Strategic Projects of Pakistan Army.”
The state-of-the-art system will revolutionize means to steer agricultural development through real-time information about land, crops, weather, water resource and pest-handling under one roof, according to the official.
The center will work in collaboration with Saudi Arabia, the United Arab Emirates, Qatar, Bahrain and China on various agri projects to enhance Pakistan’s exports.
“In the next 3-4 days, a very high-powered Saudi delegation is coming to Pakistan to explore this kind of investment in four major sectors including agriculture, mines and minerals, information technology (IT) and defense production,” he said, adding this would be done under the umbrella of the Special Investment Facilitation Council (SIFC) that was recently established to revive the Pakistani economy.
Nazeer said the LIMS-CoE was aimed at ensuring food security and optimizing agricultural production in Pakistan through innovative technologies and precise, sustainable agricultural practices based on agro-ecological potential of the land, while ensuring the well-being of rural communities and environment preservation.
“The main objectives of the center included consolidation and reclamation of uncultivated waste land, optimal decision; what and where to grow, development of a master plan for modern farming, implementation of state-of-the-art agriculture management practices, practicing agro-intelligence for digital and precision agriculture, better utilization of technology to enhance yield and effective decision support system,” he explained.
The LIMS-CoE recently initiated modern agri-farming projects in Punjab, according to the official. Efforts were being made to use certified hybrid seeds with concurrent development involving joint ventures with multi-national companies, which could pay rich dividends. In agriculture and gardening, a hybrid seed is produced by deliberately cross-pollinating plants that are genetically diverse.
“Hybrid seed gives 30-50 percent more yield, world is using 80 percent hybrid seed, while Pakistan currently uses only 8 percent of hybrid seed,” he added.
Jul 28, 2023
Riaz Haq
The rise in global cotton production is led by the US, Pakistan, and India, with a drop in China's output due to cooler weather conditions.
https://www.fibre2fashion.com/news/textile-news/global-cotton-produ...
Global cotton production in FY24 is forecast to reach a four-year high of 116.7 million bales, up slightly from the previous year, as per USDA.
The rise is led by the US, Pakistan, and India, with a drop in China's output due to cooler weather conditions.
Australia's FY24 cotton production is projected at 5.8 million bales, 300,000 bales above FY23.
World cotton production is projected to reach a four-year high of 116.7 million bales in 2023-24 (FY24), according to the US Department of Agriculture (USDA). The expected growth in production represents a slight increase of 400,000 bales from the previous year.
The increase is predominantly driven by the major cotton-producing countries, with the US and Pakistan leading the charge. Both countries are projected to see a significant rise in production, each adding 2 million bales to the global yield. India is also expected to contribute to the surge, albeit on a lesser scale, with an additional half a million bales.
However, these gains will be partially offset by a reduction in output from China, the world's leading cotton producer. The Chinese crop is anticipated to shrink by 3.7 million bales in the 2023-24 season due to cooler than normal temperatures early in the growing season in China's Xinjiang region, which could limit yield potential. This decrease means China's contribution to global cotton production is expected to shrink from 26 per cent in 2022-23 to 23 per cent in 2023-24, as per USDA’s Cotton and Wool Outlook: June 2023 report.
Meanwhile, India is set to buck this trend with a projected 2-per cent increase in cotton production from the 2022-23 crop. This rise comes despite an expected reduction in harvested area, with alternative crops predicted to reduce cotton acreage to 12.4 million hectares. A rebound in yield is set to offset this, with the national yield forecast at 448 kg per hectare, the highest in three years. India's share in global cotton production is set to remain steady at approximately 22 per cent.
Outside of the US, other countries including Brazil, Pakistan, and Australia are also projected to see an increase in cotton production. Brazil's output is expected to hit 13.25 million bales, slightly above the 2022-23 figure and second only to 2019-20's record of nearly 13.8 million bales.
Pakistan's cotton production is set to rebound from the nearly four-decade low of 3.9 million bales recorded in 2022-23 due to flood damage. The forecast production of 5.9 million bales for 2023-24 will account for 5 per cent of global production.
Lastly, Australia's 2023-24 cotton production is projected at 5.8 million bales, 300,000 bales above 2022-23 and close to 2021-22’s record of 5.85 million bales, supported by above-average reservoir levels.
Jul 31, 2023
Riaz Haq
Rice exports earn Pakistan $2.1bn in tumultuous FY23
https://www.dawn.com/news/1767422
Despite significant production losses and other major challenges, Pakistan exported a total of 3.717 million tonnes of rice to earn $2.149 billion in FY23.
The rice sector showed strong resilience and immense resistance despite head and tail winds like devastating floods that wiped out one-third of Sindh’s crop, wavering rupee movement, tough competition from India, high freight charges as well as unavailability of vessels during the first six months of 2022-23.
The export of basmati varieties of rice stood at 595,120 tonnes fetching $650,423 at an average per tonne (APT) rate of $1,092. Coarse or non-basmati varieties’ export touched 3.122 million tonnes, fetching $1.498bn at an APT rate of $480.
In the preceding year, the country fetched $2.5bn by making export shipments of 4.8m tonnes.
Exports have been mainly hit by a drop in production, as against 9.1 million tonnes output during 2021-22, the country could harvest around 6 million tonnes of rice in FY23, a fall of over 34pc.
Floods and torrential rains had damaged paddy crops, particularly in Sindh and south Punjab districts and the overall crop losses had been estimated at around 20pc.
At least 35pc of the standing rice crop had been damaged in Sindh and 29pc in south Punjab while other rice-growing areas were partially hit by excessive heatwaves which affected the yields and the losses were reflected in the exports.
Hamid Malik, an expert on the rice trade, told Dawn that India had manipulated prices to facilitate its exporters by offering subsidies to farmers.
“This subsidy was in fact for the exporters and not the farming community as Indian rice export rates remained $60 to $70 lower than that of Pakistan, Thailand and Vietnam in the international markets throughout the year.”
Higher basmati rates in the local market also affected its exports as stockists entered the local market and made their hey through speculative trade.
Samiullah Naeem, a former chairman of the Rice Exporters Association of Pakistan (REAP), says that basmati rice was available in the market at Rs8,500 per 40kg at the beginning of the crop season but within a couple of months the rate crossed even Rs12,000 per 40kg making it difficult for the exporters to fulfil their export commitments.
He says that speculative traders were the major beneficiaries of the price hike though rice growers and millers also benefited from it to some extent.
The export prospects for the current fiscal year seem to be promising as quotations for 25pc broken rice are being reported at $535 per tonne to their highest level since August 2008. The main push behind the rate hike is stated to be a ban by India on the export of its coarse rice varieties.
Jul 31, 2023
Riaz Haq
Pakistan aims to export 5 million tonnes of rice amid India ban
https://www.geo.tv/latest/502787-pakistan-aims-to-export-5-million-...
The REAP chief was optimistic about Pakistan achieving its goal of 5 million tonnes of rice worth $3 billion in the current fiscal year, which began in July.
---------------
"Pakistan expected a bumper rice crop this year," REAP chief says.
Country exported 3.7m tonnes rice valued at $2.14b last fiscal year.
This year, Kewlani says, Pakistan can export 5m tonnes of rice.
KARACHI: Pakistan's rice exports are projected to rise in the current fiscal year due to the Indian ban on rice exports and the exploration of new markets in Russia and Mexico, the Rice Exporters Association of Pakistan (REAP) said, according to The News.
REAP Chairman Chela Ram Kewlani said Pakistan exported 3.7 million tonnes of rice valued at $2.14 billion in the previous fiscal year, despite facing various challenges.
"Despite devastating floods, crop shortage and many other challenges, we exported 3.7 million tonnes amounting to $2.14 billion," he said.
The REAP chief was optimistic about Pakistan achieving its goal of 5 million tonnes of rice worth $3 billion in the current fiscal year, which began in July.
"India's ban on rice exports will have significant impacts on global rice trade dynamics. This will give a good opportunity for Pakistan to fill the supply gap and expand its market share in major rice-buying countries."
India, the world's biggest rice exporter, banned exports of non-basmati rice last month to ensure domestic supplies amid rising food inflation. Kewlani said Pakistan could benefit from higher export volumes and increased revenues as a result of the ban.
"Overall, the ban may create a favorable trade environment for Pakistan's rice exports." Industry officials said Pakistan's basmati rice prices soared to $500 per tonnes in the international market, up almost $100 from a month ago, as demand surged after the export ban by India.
Pakistani rice is enjoying a premium for its superior quality and could rise further to $600 per tonnes in the coming months, one trader said. "Pakistan has a golden opportunity to boost its rice exports and earn valuable foreign exchange as India has banned its rice exports due to drought." he said.
Pakistan is the world's fourth-largest rice exporter after India, Thailand, and Vietnam. Kewlani said Pakistani non-basmati rice, which was selling at $450 per tonnes before the ban, had also jumped to $500 per tonnes as buyers shifted to alternative sources.
He also said that Russia had registered 15 more Pakistani companies to export rice to the country and 12 more were in the process of registration. "This opportunity will also be beneficial for generation of extra foreign exchange for our country, as Russia is a big and potential market for Pakistani rice."
Kewlani added that a recent visit by Mexican technical experts had gone well and they were satisfied with the compliance of standard operating procedures by Pakistani rice exporters. He hoped that Mexico would soon lift a ban on Pakistani rice and resume imports.
He said Pakistan expected a bumper rice crop this year, with an annual output of around 9 million tonnes. "We hope that we can easily achieve our target of 5 million tonnes worth $3 billion this year."
Aug 5, 2023
Riaz Haq
In Pakistan, flood damage meant 2022/23 cane sugar production reduced to 7.2 mln tonnes compared to 8.6 mln tonnes in 21/22. The area under cane remains consistent with last season, but reduced fertilisers prices could push 23/24 sugar production to 7.8 mln tonnes.
https://www.ragus.co.uk/global-sugar-market-report-may-2023/#:~:tex....
Unpredictable rains in India and Pakistan squeeze cane production
Estimates for India’s sugar production from the 2022/23 cane crop are below the decreased figure we estimated last October. The 35.6 mln tonnes we expect is much lower than the 39 mln tonnes produced in 21/22. Any further exports onto the global market this season seem unlikely, despite India having an export quota of 6 mln tonnes for the world market.
Despite an increased area under cane, low rainfall during the growing season and too much rain just before the harvest began resulted in lower cane yields. For the 2023/24 crop, the area under cane has increased again. If the monsoon rainfall is average, we expect India to produce 36.4 mln tonnes of sugar. However, that figure only holds if there are no major increases in cane juice or molasses diverted into ethanol production. In 22/23 the equivalent of 4.5 mln tonnes of sugar was used for ethanol production. In 23/24, we expect that figure to be 3.78 mln tonnes.
If an El Niño weather pattern develops, dry conditions would affect cane planting for the 24/25 crop. In neighbouring Pakistan, flood damage meant 2022/23 cane sugar production reduced to 7.2 mln tonnes compared to 8.6 mln tonnes in 21/22. The area under cane remains consistent with last season, but reduced fertilisers prices could push 23/24 sugar production to 7.8 mln tonnes.
Aug 5, 2023
Riaz Haq
In its first official assessment for 2023-24 (May-April), the government of Pakistan is forecasting the country’s wheat production to grow 6% to a record 28 million tonnes, according to a Global Agricultural Information Network report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture.
https://www.world-grain.com/articles/18730-pakistan-expecting-recor...
“In recent years, abnormally hot and humid weather near harvest negatively affected output,” FAS Post Islamabad said. “This year, however, the weather was favorable throughout the growing season, resulting in record output. Government policies ensured adequate supply of seeds and other inputs throughout the growing cycle.”
Punjab, the major wheat-growing province, produced more than 1 million tonnes than last year, reaching 21.2 million tonnes. Production in other provinces — Sindh (3.8 million), Khyber Pakhtunkhwa (1.4 million) and Baluchistan (1.6) — was almost the same as last year.
The record harvest will help lower the country’s forecasted import needs from 3 million to 2 million tonnes in 2023-24 even as total consumption grows to 30.2 million tonnes from 29.2 million tonnes. Pakistan imported 2.6 million tonnes last marketing year.
“Domestic demand continues to expand with population growth, and the record crop production will still be insufficient to meet domestic needs,” the FAS said.
The government has procured about 6 million tonnes of wheat from the domestic market to replenish its strategic reserves, and government stocks as of mid-June were about 10 million tonnes, the FAS said. The government is expected to start releasing wheat to millers in August, which is later than last year. Until then, millers will buy wheat from the open market.
Prospects for the 2023-24 rice crop remain good, and the production forecast is unchanged. Weather during seeding and transplanting in May through June was optimum in the rice-growing areas. Rainfall was good, which reduced the need for irrigation water. The 9-million-tonne forecast, if realized, will be the second-largest crop ever, slightly less than the record 9.3-million-tonne crop in 2021-22.
Aug 5, 2023
Riaz Haq
Pakistan’s potato production soared to 7.9m tonnes in Fiscal Year 2022 from 5.8m tonnes in FY 2021, up by 35% as floods did not hit Punjab which is a hub of potato production, Pakistan Today! cited data reveals.
https://www.potatobusiness.com/market/pakistan-can-become-one-of-ch...
There is a gradual increase in potato production in this country. During 2020, potato production was estimated to be 4.55m tons utilizing the cultivated area of 234,400 hectares. However, in the 2021- 2022 season, according to the Ministry of National Food Security and Research Statistics (MNFS&R), potato production jumped to 7.74m tons, which is an increase of almost 50% as compared to the last year.
Pakistan potato is exported mainly to CIS (Commonwealth of Independent States) countries like Russia, Azerbaijan, Iraq, UAE, Oman, the entire gulf, and Singapore, Malaysia in the Far East.
In Pakistan, potato is the fourth most important crop after wheat, rice, and corn. It is one of the four major staples that significantly contribute to national domestic consumption and food needs.
Fresh potato production for the 2022-2023 Marketing Year (September to August) is forecast at 93m metric tons (MMT), a slight decrease from the estimated 95 MMT produced in MY 2021-2022 owing to reduced acreage. According to industry sources, the potato planting area decreased in the northern single crop zone, especially in northeast China, due to government incentives and price supports intended to boost soybean production.
Low prices at the start of the harvest season in the Southwestern, Central, and Winter crop zones, which account for half of China’s fresh potato production, also contributed to the reduction in planted area for MY 2022/23. According to China’s 2022 Agricultural Outlook Report on Potatoes, the average wholesale price of fresh potatoes in 2021 was USD0.15/lb., a 12.7% decline from 2020, and the lowest level in six years.
Aug 9, 2023
Riaz Haq
#Arab Gulf Nations (#SaudiArabia, #Qatar, #UAE) Poised to Invest Billions in #Pakistan.
#Islamabad’s powerful #military has sought to ease the path for oil-rich monarchies to acquire stakes in #mining (#copper, #gold) & #energy (#refinery) https://www.wsj.com/articles/gulf-nations-poised-to-invest-billions... via @WSJ
The Saudis are in talks to buy into a copper mine being developed at a cost of $7 billion by Canada’s Barrick Gold in western Pakistan, according to people familiar with the project. Separately, negotiations are at an advanced stage to set up a Saudi oil refinery in Pakistan, which could cost up to $14 billion, according to Islamabad and Gulf officials.
For the Gulf states, the deals represent a shift from when they provided loans or grants to poorer countries in the region, such as Pakistan or Egypt, to a new focus on acquiring assets for their sovereign-wealth funds.
Pakistan, a nuclear-armed nation of 240 million, has been racked by an economic crisis and political instability. It reached an agreement with the International Monetary Fund in June on another bailout.
Its powerful military, which has clamped down on political freedoms in recent months, is seeking to ease the path for investment by streamlining the deal-making process for Gulf investors, who had complained about red tape and political indecision in the past.
Mining, energy infrastructure, farmland and privatizations of Pakistani government businesses could all be part of the planned selloff to Saudi Arabia, the United Arab Emirates and Qatar, which are increasingly competing for assets in struggling political allies.
This summer, Islamabad established the Special Investment Facilitation Council, which includes the army chief, to smooth the bureaucratic path for Gulf investment.
“Pakistan is strategically located, at the junction of the engines of growth in Asia, between south Asia, central Asia, China and the Middle East,” said Ahsan Iqbal, Pakistan’s departing planning minister, who also heads the executive committee of the Special Investment Facilitation Council. “There is a very big opportunity for investors to come here, as long as we can give them assurance that there will be continuity of policy for their investment.”
The Saudi deputy mining and foreign ministers visited Islamabad this month for talks about the investment initiative.
Pakistan Prime Minister Shehbaz Sharif said Wednesday that Parliament would dissolve, ahead of elections that are likely to be delayed into next year. The installment of a nonpolitical caretaker government in Islamabad in the next few days, to oversee the period up to the next election, is expected to kick-start the deals. New powers have been given to the caretaker administration, which will likely be under even greater influence of the military, to enable it to make major economic decisions.
The army is Pakistan’s dominant institution, a permanent power in a country where no prime minister has completed a term in office. The Gulf has long dealt directly with Pakistan’s army, the sixth largest in the world, which has provided a contingent of troops to Saudi Arabia for decades. The first overseas trip for Pakistan’s current army chief, Gen. Asim Munir, was to Saudi Arabia, where he met Crown Prince Mohammed bin Salman in January.
A splurge in Pakistan is expected to come from government-owned entities in the Gulf, which in recent years have invested in Egypt, a country also in the midst of an asset sale, as well as Sudan, Ethiopia and elsewhere in the Horn of Africa.
“For the Gulf, Pakistan and Egypt are a regional security priority,” said Karen E. Young, a researcher at Columbia University’s Center on Global Energy Policy. “They absolutely cannot afford to see a failed state in Egypt or Pakistan.”
Aug 10, 2023
Riaz Haq
#Arab Gulf Nations (#SaudiArabia, #Qatar, #UAE) Poised to Invest Billions in #Pakistan.
#Islamabad’s powerful #military has sought to ease the path for oil-rich monarchies to acquire stakes in #mining (#copper, #gold) & #energy (#refinery) https://www.wsj.com/articles/gulf-nations-poised-to-invest-billions... via @WSJ
Egypt and Pakistan offer big populations, large tracts of arable land and huge armies, all attributes lacking in the Gulf, said Faisal Aftab, founder of Pakistan-based Zayn Venture Capital.
“This is a last chance for Pakistan,” said Aftab. “It needs to leverage in investment.”
Iqbal, the planning minister, said Pakistan was hoping for deals worth around $25 billion, including in solar energy and information technology. Pakistan’s defense industries are also open for investment, and the country is prepared to offer uncultivated government land on long leases for agriculture.
The Gulf nations haven’t put figures in recent weeks on how much they might spend. In January this year, the Saudis said they were willing to invest $10 billion, after Pakistan’s army chief visited.
Economic crises in Egypt and Pakistan, which have been buffeted by higher fuel and food prices from the Russia-Ukraine war and seen their currencies plummet, mean that assets are potentially available on the cheap. But Riyadh has still balked at prices in Egypt, meaning fewer deals than anticipated have materialized so far. Pakistan will also have to manage competition between Gulf nations for assets, already being felt, especially between Saudi Arabia and U.A.E., which have strained relations.
Among the first contracts likely to attract interest, from both U.A.E. and Qatar, is a tender announced this week, by open bidding, to run terminal services at Islamabad airport. The two Gulf countries fiercely competed for the contract to run Kabul airport in Pakistan’s neighbor Afghanistan, a contest won last year by the U.A.E. Islamabad is also looking for investors to take on its national carrier, Pakistan International Airlines.
Musadik Malik, Pakistan’s departing petroleum minister, said that a deal for a Saudi refinery was “very close.” Saudi Aramco, the company named by Pakistani officials as its partner for the project, declined to comment. The refinery would likely be located at Gwadar, the port developed by China on the Arabian Sea, and the centerpiece of Beijing’s investment program in ally Pakistan. Riyadh is moving closer to Beijing, at the expense of its relationship with Washington.
Officials from both sides are aiming for a final deal on the refinery—which would be the country’s biggest—by the end of this year, with construction to begin early in 2024.
Malik said that he anticipated a series of mining deals that would be much bigger in value than the refinery contract.
“We have enormous untapped resources just sitting there,” he said.
The obvious prize is copper, a metal needed in the transition to cleaner energy. One of the world’s biggest new copper mines is expected to begin production in 2028. The Reko Diq mine is a joint venture between Barrick Gold and the government of Pakistan, in a remote part of the country hit by two violent insurgencies.
Talks are under way for the Saudis to buy into the Reko Diq mine. The Saudi sovereign-wealth fund, Public Investment Fund, would team up with Saudi mining company Ma’aden, to acquire part of the 50% stake in the mine owned by Pakistan, according to people involved. In addition, the Saudis could be given exploration rights in other parts of the copper-rich area.
Aug 10, 2023
Riaz Haq
#Arab Gulf Nations (#SaudiArabia, #Qatar, #UAE) Poised to Invest Billions in #Pakistan.
#Islamabad’s powerful #military has sought to ease the path for oil-rich monarchies to acquire stakes in #mining (#copper, #gold) & #energy (#refinery) https://www.wsj.com/articles/gulf-nations-poised-to-invest-billions... via @WSJ
Riyadh has ambitions to turn Ma’aden into a global company, but it is wary of the security risks at the Pakistani mine. In July, Saudi Arabia said it would buy a $2.5 billion stake in Brazilian mining company Vale, also through the same fund and Ma’aden.
For Islamabad, there are strategic advantages to tying Saudi Arabia in, while Barrick has joined with Saudi Arabia elsewhere too. Barrick and Ma’aden didn’t respond to requests for comment. The Public Investment Fund declined to comment.
The Saudis are the most interested in the mining opportunities, say officials and experts, while the U.A.E. is looking most keenly at agriculture, clean energy and logistics.
Just ahead of the launch of the Gulf initiative, the U.A.E. swooped in early, acquiring a 50-year lease in June to operate part of the container terminal at Karachi port. The financial terms weren’t disclosed for the deal, which was awarded without an open bidding process. Many coming transactions are also not expected to involve competitive bidding, Pakistani officials say. That approach could open the divestments up to domestic controversy.
Aug 10, 2023
Riaz Haq
Pakistan expects Middle Eastern investment following inaugural food and agriculture exhibition
https://www.arabnews.com/node/2353116/pakistan
A top Pakistani official expressed confidence on Thursday the country would get increased investment from the Middle East after inaugurating the first International Food and Agriculture Exhibition in Karachi to display the export potential of Pakistan’s agriculture sector.
Organized by the Trade Development Authority of Pakistan (TDAP), the three-day exhibition was launched by the governor of Sindh province, Kamran Tessori, at the Karachi Expo Center. The event has brought together over 200 exhibitors who have put a wide range of agriproducts and technologies on show for foreign delegates from 55 countries.
Addressing the media after the inauguration ceremony, Tessori mentioned a recent agreement signed by the United Arab Emirates (UAE) to develop the Karachi port.
“You will see in the coming days that all the gulf states will come to Pakistan and sign agreements like the UAE,” Tessori said, adding: “In the future, these agreements will be signed by governments themselves.”
UAE’s Abu Dhabi Ports signed a 50-year concession agreement with the Karachi Port Trust earlier this year to develop a bulk and general cargo terminal in the southern port city.
According to details, Pakistan is likely to see an estimated investment of $220 million over a period of 10 years under the project.
The governor said the country’s leadership had become serious about economic development for the first time in its history.
“For the first time in 75 years, the development of Pakistan’s economy has been taken seriously and there will not be any obstruction in the way,” he said.
He maintained that he was confident the country’s exports would increase at least three times by the coming year.
Tessori said over 600 foreign delegates were attending the exhibition which reflected that investor confidence had been restored in Pakistan.
Speaking to Arab News, Sayed Mohey, a commercial manager at Jeddah-based Jahaf Group that deals with fruits and vegetables, said he was impressed by Pakistan’s export potential.
“This is my first visit to the county,” he said. “As far as the business is concerned, there is lot of potential for food stuff like fruits, vegetables, and fisheries.”
He maintained that Pakistan was ideally placed to serve the markets in gulf countries and Saudi Arabia. Mohey specifically mentioned Pakistani mangoes and citrus fruits, calling them the best in the world and saying they were suitable for consumers in the Middle East.
A Nigerian delegation also said they were visiting Pakistan while looking for the good quality food products.
“Most of the Nigerian delegates who are here today actually saw what they want and they are buying it and taking it home,” Unegbu Alexander Nwachukwu, trade and development officer at the High Commission of Pakistan in Nigeria, told Arab News.
A large number of Chinese were also present at the exhibition and looking for products either to import or export from Pakistan.
Alan Xi, an agriculture project manager at the China Machinery Engineering Corporation, said Pakistan’s agriculture sector had great potential and his company was ready to invest in the country.
“Pakistan is an agricultural country and has a big potential in the supply chain and even value-added parts,” he told Arab News. “So, as a company, we are also ready for investing in the supply chain and value addition.”
“In the future, we will not only want to supply some advanced technology to Pakistan but also like to have our own manufacturers [here],” he continued. “The manufacturer unit is from China, but made in Pakistan.”
Pakistani exporter also expressed optimism the event would help boost the country’s agriculture product exports from the country.
Aug 12, 2023
Riaz Haq
Chinese red chilli contract farming opens vistas for development in Pakistan’s agri sector | Pakistan Today
https://www.pakistantoday.com.pk/2023/07/05/chinese-red-chilli-cont...
“We turn them three to four times a day so that they get dry after being soaked in the summer sun, they get fully ripe and dry in five weeks, and when we hear the sound of dried seeds rattling inside the pod, we pack them in bags and put them in storage, Bibi told Xinhuain the remote village of Jamber.
This year, farmers and labourers are happy to get a bumper harvest of Chinese red chillies and expect to get good profits as the yield is double that of other varieties of pepper available in Pakistan.
The project is a part of a large-scale agricultural cooperation between Pakistan and China in the second phase of the China-Pakistan Economic Corridor (CPEC), which is currently underway after the success of the first phase focusing on infrastructure and power projects.
Launched in 2013, CPEC is a corridor linking Gwadar Port with Kashgar in northwest China’s Xinjiang Uygur Autonomous Region and is touted as a game changer for Pakistan by local experts.
Advancing cooperation in the agricultural sector, China Machinery Engineering Corporation (CMEC) and Sichuan Litong Food Group have established a company and carried out a red chilli contract farming project in 2021, with model farms across Punjab.
In talks with Xinhua, Xi Jianlong, the Chinese manager from CMEC at Pakistan-China red chilli contract farming, said that the Chinese variety is compatible with local soil and the overall hot climate of Punjab province conduces to the growth and nourishing of the Chinese chilli variety.
He added that the cooperation benefits numerous individuals, including landowners, farmers, and labourers.
“Last year, we had created more than 2,000 jobs in Pakistan and generated an output value of approximately $770,000,” he said, adding that when the crop is harvested and dried, they directly buy it from the farmer, without involving any middlemen.
He further said that this year, they planted chilli on about 750 acres of land from where about 1,500 tons of chilli were harvested, and during the process of cultivation to harvest, the Chinese company not only transferred knowledge and technology to locals but also utilized the rural labour force.
Talking to Xinhua, Muhammad Ammar Asghar, an agronomist working with the CMEC, said that most of the farmers hired by the landowners are uneducated. In order to help the landowner get a high yield, the Chinese company provided complete assistance and guidance to the farmers through agronomists and agriculture technicians.
Aug 16, 2023
Riaz Haq
Annual milk production during 2021/2022 was estimated approximately 65.7 million tonnes, giving Pakistan a place in the list of world's top 5 milk producing countries. Dairy farming in Pakistan is fragmented and practiced on various scales both in rural and peri-urban areas mainly by private sector.
https://sdgs.un.org/sites/default/files/2023-05/B65%20-%20Tariq%20-...
Dairy sector in Pakistan plays a pivotal role in the national economy and its value is more than the
combined value of major cash-crops i.e. wheat and cotton. Annual milk production during 2021/2022 was
estimated approximately 65.7 million tonnes, giving Pakistan a place in the list of world’s top 5 milk
producing countries. Dairy farming in Pakistan is fragmented and practiced on various scales both in rural
and peri-urban areas mainly by private sector. However, this industry is facing challenges (nutrition,
healthcare, breeding, government support and public health) that threaten its sustainability and
livelihoods of millions of people involved in the sector
Aug 17, 2023
Riaz Haq
Google Gen AI on Agtech in Pakistan:
Pakistan is one of the world's largest producers and suppliers of food and crops. The country's agriculture sector consists of four subsectors:
Food and fiber crops
Horticulture and orchards
Livestock and dairy
Fisheries and forestry
Pakistan's major crops include wheat, cotton, rice, sugarcane, and maize. These crops contribute around 4.9% to the country's total GDP.
Some of the top agriculture startups in Pakistan include: Pak Agri Market, ZD&K Farms, Radical Growth, Mohalla, Khalis Fertilizers.
Some of the top agritech startups in Pakistan include:
Tazah Technologies
Agriculture Republic Pakistan
Crop2X Private Limited
Fowrry Technologies Private Limited
zamindar
SUSTAINABLE AGRI IS
Startups in Pakistan are developing IoT solutions for smart irrigation, such as solar-powered tube wells, or for animal data, such as Cowlar, a solar-powered fitbit for cows.
Aug 30, 2023
Riaz Haq
Why aren’t farmers using new tech?
Kai Ryssdal and Sofia Terenzio
Aug 30, 2023
https://www.marketplace.org/2023/08/30/why-arent-farmers-using-new-...
Agtech, short for agriculture technology, is a growing industry that’s using data tools and software to help farmers improve yields and use fewer resources.
With population growth increasing the global demand for food and climate change hurting crop yields, a swift adoption of agtech may be needed now more than ever. Yet, farmers are hesitant about embracing these new technologies.
What’s in the way of farmers quickly adopting agtech, and how can the industry get more farmers on board?
“Marketplace” host Kai Ryssdal talked to reporter Belle Lin from the Wall Street Journal about her recent article on why so few farmers are using agtech. Below is an edited transcript of their conversation.
Kai Ryssdal: Could we have a quick primer, please? What is agtech?
Belle Lin: Absolutely. Agriculture technology, agtech is really the set of tools — both hardware and software — that enables farmers growers to really get the most out of their farming resources and inputs and up boosting their yields. So that’s really the goal of this kind of current wave of farm technology. But it’s really the kind of larger ecosystem software, hardware, robotics, tractors autonomous maybe that allow farmers to kind of do their work with greater efficiency.
Ryssdal: So two things that you said there one yield and current wave, we’ll get to the yield in a minute. But I want to talk about current wave, because as you pointed out, in this piece, it’s been a decade-ish, that that sort of the bigger picture, agtech thing has been a thing.
Lin: That’s right. So it’s about a decade since data analytics and what’s sometimes known as Big Data came around. So, these massive amounts of data that oftentimes companies collect, can also be collected on Americans farms, where some of the environments where the richest data is to be collected. You can collect it on almost every single specific piece of land on the soil itself on the seeds that are planted, where they’re planted down to the type of pesticide that is applied to a single weed where that weed is located. So you can understand, you know, how specific these things can get. And that’s related to this idea of precision agriculture, where all these like very specific inputs tailored to a specific farm, help a farmer to end up doing their work in a way that’s more informed by that data, and boosts their yields with fewer resources.
Ryssdal: Right, so to that yield thing, that’s the name of this whole game — it’s getting more stuff out of the ground per acre farmed than they did before. And there’s an amazing statistic in here it says, according to the Department of Agriculture in 2017, farmers using digital soil maps, which are part of this technology produced about 49% higher winter wheat yields than farmers who didn’t. Again, that’s USDA data. And yet, the thrust of this piece is that farmers almost have too much data and kind of know what to do with it.
Lin: Yeah, absolutely. So not only is there this kind of challenge of getting farmers to use these tools, but once they’ve used them, they face this kind of data paralysis, which is how a farmer described this to me, he’s farming corn and soybean. He feels like he’s collecting so much data on all these different parts of his farm, that he doesn’t know what to do with it. And so that’s a huge problem as well across sectors where, you know, big data, data analytics has promised to kind of deliver all these efficiencies and productivity gains. But oftentimes, what consumers and these farmers feel is that they don’t have that background to say, “OK, now that I know the moisture levels of all my soil, this is what I should do,” right.
Aug 30, 2023
Riaz Haq
Why aren’t farmers using new tech?
Kai Ryssdal and Sofia Terenzio
Aug 30, 2023
https://www.marketplace.org/2023/08/30/why-arent-farmers-using-new-...
Lin: Yeah, absolutely. So not only is there this kind of challenge of getting farmers to use these tools, but once they’ve used them, they face this kind of data paralysis, which is how a farmer described this to me, he’s farming corn and soybean. He feels like he’s collecting so much data on all these different parts of his farm, that he doesn’t know what to do with it. And so that’s a huge problem as well across sectors where, you know, big data, data analytics has promised to kind of deliver all these efficiencies and productivity gains. But oftentimes, what consumers and these farmers feel is that they don’t have that background to say, “OK, now that I know the moisture levels of all my soil, this is what I should do,” right.
Ryssdal: I do not want to sound by any means ageist here, and apologies to the young farmers out there. But the average age of a farmer in this economy right now, as you point out is like 58.
Lin: Yeah, and that’s a big problem. Those folks are not as accustomed to utilizing technology to help inform their decisions.
Ryssdal: This is perhaps a little bit of field. But there’s an infrastructure part of this as well, right, in that a lot of almost all of this probably counts on connectivity and broadband. And I imagine if you’re out in in wherever you are on the Great Plains connectivity might be bad, you might not have service.
Lin: Yeah, that’s a great point. All of what we’re talking about in terms of agtech relies on having that internet connection, reliable way of streaming the data that you collect. And so connectivity is a major problem on farms that are far flung or not as connected to the internet speeds that people in cities are used to. And so one of the problems that farmers run into is that when they’re driving their equipment over a hill, for instance, you might have connectivity and one side of the hill, but you don’t on the other.
Ryssdal: Not to put a depressing punctuation mark on this conversation, but there are — I honestly can’t remember if it’s 8 or 9 billion people on this planet now — but there are going to be more in the future. And we have to feed them all. And this is part of the way we’re going to do it and adjust to climate change too, by the way.
Lin: Yeah, theoretically, farmers could boost their yields, and that would generate more food to feed the world’s growing and hungry population, and also in a way that they’re using fewer resources. So that’s the promise of it all, but right now it’s falling a bit short.
Aug 30, 2023
Riaz Haq
Pakistan Onion Industry Outlook 2022 - 2026
https://www.reportlinker.com/clp/country/3697/726402#:~:text=On%20t....
In 2021, Pakistan's onion consumption and production were estimated at almost 2 million metric tons. This marks an increase of 1% from 2017. Bangladesh was the leading consumer of onions in 2021, accounting for 1.87 million metric tons. India, the United States and Egypt ranked second, third and fourth, respectively.
On the production side, Pakistan was the sixth-largest onion producer in 2021, with an estimated 2.25 million metric tons. Iran was the leading producer, with 2.11 million metric tons. India, the United States and Egypt ranked second, third and fourth, respectively.
Sep 1, 2023
Riaz Haq
https://blog.plantwise.org/2023/05/23/overcoming-gender-barriers-to...
Tomato is an important crop in Pakistan – every year, the country produces 4.2 million tonnes of tomatoes. Growing them can be labour intensive. But research shows that tomato production has the potential to generate good incomes for rural smallholders. This includes incomes for women farmers. In Pakistan, women account for over 60% of active agricultural labour force. They mainly support crop cultivation, which involves activities such as seed preparation, sowing and weeding.
Sep 1, 2023
Riaz Haq
Drought and floods wipe out farms in Asia’s chilli capital | Climate Crisis News | Al Jazeera
https://www.aljazeera.com/gallery/2022/11/3/photos-drought-and-floo...
Pakistan is ranked fourth in the world for chilli production, with 150,000 acres (60,700 hectares) of farms producing 143,000 tonnes annually. Agriculture forms the backbone of Pakistan’s economy, leaving it vulnerable to climate change.
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PRODUCTION STATUS OF MAJOR VEGETABLES IN PAKISTAN
https://agrinfobank.com.pk/production-status-of-major-vegetables-in...
The total cropped area of the country reported for the year 2019, was 22.1 million ha. Out of this 65.8% was under food crops, 24.2% under cash crops, 6.7% under pulses and 3.3% under edible oilseeds. Vegetables constitute an integral component of the cropping pattern but the increasing pressure on food and cash crops has limited the area under vegetables to about 0.62 million ha, which is 3.1% of the total cropped area. Vegetables fit well in most farming systems due to shorter maturity period.
Vegetable crops are very important due to their higher yield potential, higher return and high nutritional value and suitability for small land holding farmers. Vegetables provide proteins, minerals and vitamins required for human nutrition. In Pakistan, the daily per capita intake is low, being about 100 grams compared to the recommended consumption of about 285 grams. In view of population increase, land degradation and water scarcity, there is a need to substantially increase vegetable production in the years to come and to attain self-sufficiency as well as to increase the exportable surplus. However, in the past, development efforts in agriculture sector were primarily focused on production and development of cereal crops; in spite of the fact the vegetables provide maximum output per unit area.
Sep 1, 2023
Riaz Haq
From Google Gen AI:
Pakistan produced 83,335 tons of spinach in 2021. This is a very low amount compared to the largest spinach producing countries, which include China, Turkey, United States, Japan, and Indonesia.
In Pakistan, spinach is ready for the first cutting 30 days after sowing. The average yield is 125 qtl/acre. The two varieties of spinach in Pakistan are Local Sindhi and prickly heat.
In 2021, Pakistan's vegetable production was 7.07 million tonnes. This is an increase from 1.43 million tonnes in 1972.
Sep 2, 2023
Riaz Haq
From Google Gen AI:
Pakistan's fruit production increased from 9.48 million metric tons to 11.13 million metric tons between 2018 and 2021.
In 2021, Pakistan produced 2.33 million tonnes of citrus fruits, which is an average annual growth rate of 3.95%.
Pakistan also produced 1.6 million tons of oranges, 593 thousand tons of tangerines, 1,601 thousand tons of tomatoes, and 545 thousand tons of apples.
Pakistan is a major producer of fruits and vegetables, and produces about 29 types of fruits and 33 types of vegetables. However, most of the production is consumed in domestic markets.
Pakistan earned $730 million by exporting 1.165 million tons of fruits and vegetables in a year.
The global production of major tropical fruits was estimated to be 92.2 million tons in 2017. Mango production ranked highest at 46 million tons.
Sep 2, 2023
Riaz Haq
Pakistan aims to boost oilseed cultivation
https://tribune.com.pk/story/2430331/pakistan-aims-to-boost-oilseed...
The Chinese Academy of Agricultural Sciences (CAAS) has been instrumental in developing new rapeseed varieties, which have been adopted in some northern regions of China. The success of these efforts has enabled China to rotate rapeseed(Canola) crops with staple crops like rice and wheat, maximising land utilisation.
Pakistan is now tapping into this experience by collaborating with Chinese company Wuhan Qingfa-Hesheng and Pakistani firm Evyol Group. Together, they are providing high-quality hybrid rapeseeds (Canola) to Pakistani farmers. Ghazanfar Ali, head of marketing at Evyol Group, emphasised the suitability of their variety for local climate conditions. “It took us 10 years to produce a variety that is compatible with the local climate, produces a good yield and is good for human health,” he said, noting that farmers can achieve 1.5 tonnes of yield from 2 acres of land, surpassing current varieties available in Pakistan by over 10%.
Zhou Xusheng, director of the international business department at Wuhan Qingfa-Hesheng Seed company, outlined their ambitions. “This year we sold 11 tonnes of seeds across Pakistan, which will be cultivated on 20,000 acres, and our target for next year is 100 tonnes.” He also highlighted their intention to purchase the canola harvest from certain farmers and supply it to edible oil factories, thereby promoting the benefits of locally-produced oil.
Sep 3, 2023
Riaz Haq
From Google Generative AI:
Wheat is Pakistan's most important crop, accounting for 70% of production and 37.1% of the crop area. It's a staple food crop that's critical to millions of households.
Pakistan has released 31 wheat varieties since 2021 to achieve self-sufficiency in wheat production. One leading Pakistani seed company developed a hybrid wheat seed that's 40% higher per acre than conventional varieties.
Other high-yield crops in Pakistan include:
Tarnab Rehbar and Tarnab Gandum-1
These zinc-enriched varieties contain 40% more zinc than other varieties grown in Pakistan. They also have farmer-preferred traits like high yield and resistance to rust diseases.
RH-647
This new Bt. cotton variety has high yield potential and is best suited for wheat-cotton cropping patterns. It yielded significantly compared with standard varieties.
Other major crops in Pakistan include: Cotton, Rice, Sugarcane, Maize.
Sep 6, 2023
Riaz Haq
Pakistan’s potato production soared to 7.937 million tonnes in FY22 from 5.873 million tonnes in FY21, up 35 percent as the devastating floods left Punjab, the potato hub, mostly unscathed.
https://www.thenews.com.pk/print/1107423-chinese-investors-eye-pota...
Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) President Moazzam Ghurki during a think tank session held at PCJCCI Secretariat on Wednesday said Pakistan could be among the largest exporters of potato and though the country was self-sufficient in the food item, it imported 20,000 tonnes of potato seeds every year.
He suggested focusing on increasing the supply of local seeds, which could help save the precious foreign exchange reserves, which was spent on purchasing seeds from the international market, while at the same time increase the income of farmers.
If Pakistan succeeds in large-scale production of local high-quality potatoes, it could also export these edible stems to other countries, particularly in the Gulf region.
PCJCCI president added that most of the potato seeds in Pakistan had high dependence on imports, which raised the initial cost of potato production.
“About 35-40 percent of the cost goes to seeds, and there is a dire need to make it cost-effective for the low-income farmers,” Ghurki said. He urged to promote a tissue-culture laboratory for the production of affordable high-quality seeds within the country on a large scale to reduce dependence on foreign seeds.
PCJCCI Senior Vice President Fang Yulong said that Pakistani and Chinese enterprises have been working tirelessly to find opportunities for cooperation in this sector. In addition to seed production, related potato by-products are also welcomed by Chinese investors. Besides this, mechanised harvesting, pest control are also full of opportunities for investment.
“To build Pakistan’s largest potato tissue culture lab, various Chinese agricultural enterprises are involved for its practical implementation,” he added. “The most common potato diseases in Pakistan include early blight, stem rot and so on.
In contrast, Chinese varieties are more resistant to pests and diseases with higher yields, which is exactly what Pakistan needs to learn to improve our own potato germplasm,” Yulong said.
PCJCCI Vice President Hamza Khalid said, “We must ensure localised production of high-quality seeds, and at the same time improve planting technology and mechanisation level. Then we might be able to export potatoes to other countries. We have a huge potential for countries that have smaller land areas or don’t produce much of their own potatoes.”
Sep 7, 2023
Riaz Haq
Pakistan’s annual consumption of edible oil is around 5 million tons, but due to the low economic potential of oilseeds in the local market, they are not preferred by the farmers. The country has to import about 89 percent of oil to meet the demand, spending US$3.6 billion annually.
https://dailytimes.com.pk/1122982/chinese-company-to-help-pakistan-...
Pakistan’s iron brother, China, also has great demand for edible oil. Last year, China’s cooking oil consumption is about 13.44 million tons. China also suffered a short domestic supply of edible oil until the mid-1950s, when China began to promote brassica napus, also known as victory rapeseed. Brassica napus plants are tall, disease resistant, and more importantly, the yield is very high. The improvement of rapeseed varieties laid the foundation for China to greatly increase rapeseed production.
In recent years, the Chinese Academy of Agricultural Sciences (CAAS) has made a great breakthrough in breeding new varieties of rapeseed, which have been extended to some parts of northern China. Rapeseed now realized seasonal rotation with rice, wheat and other staple crops, which maximizes the utilization of arable land. Such Chinese experience and technologies can be a good reference for Pakistan, according to CEN.
Chinese company Wuhan Qingfa-Hesheng and a Pakistani company Evyol Group jointly provide high-quality hybrid rapeseeds to Pakistani farmers. “It took us 10 years to produce a variety that is compatible with the local climate, produces a good yield and is good for human health,” said Ghazanfar Ali, head of marketing in the Evyol group. “The crop provides an increased profit for the farmers. They can get 1.5 tons of yield out of 2 acres of land, which is over 10 percent more than the yield from other varieties currently available in Pakistan.”
“This year we sold 11 tons of seeds across Pakistan, which will be cultivated on 20,000 acres, and our target for next year is 100 tons,” said Zhou Xusheng, director of the international business department of Wuhan Qingfa-Hesheng Seed company.
The Chinese company will also buy back the canola harvest from some of the farmers and send it to the edible oil factories so that both farmer and the factory owners can realize the potential and health benefits of the oil.
Sep 7, 2023
Riaz Haq
Cotton crop expected to grow by more than twice - Profit by Pakistan Today
https://profit.pakistantoday.com.pk/2023/10/11/cotton-crop-expected...
ISLAMABAD: Pakistan’s agricultural sector is gearing up for a transformative year with an anticipated 126.6% surge in cotton production. The revelation came to light during the High-Powered Federal Committee on Agriculture (FCA)’s meeting convened to assess the agricultural landscape for the upcoming Rabi Season (2023-24).
As per details, the meeting held on October 11, at Pak Secretariat, Islamabad, was presided over by Prof. Dr. Kauser Abdullah Malik, the Federal Minister for National Food Security & Research.
The projections presented in the meeting indicate that the cotton production for the 2023-24 season is expected to reach a staggering 11.5 million bales, harvested from an extensive area covering 2.4 million hectares. This marks an increase of 126.6% over the previous season and showcases Pakistan’s ability to achieve substantial growth in its agricultural output, specifically in the cotton sector.
During the meeting, the FCA meticulously reviewed the performance of the Kharif Crops (2023-24) and laid out a detailed Production Plan for the upcoming Rabi Crops (2023-24). The discussions also delved into the critical issue of input availability for Rabi Crops, ensuring a holistic approach to agricultural planning and management.
Apart from the remarkable cotton forecasts, the committee revealed the provisional estimates for various other crops. Rice production for the 2023-24 season is expected to reach 8.64 million tons, cultivated across 3.35 million hectares, marking an increase of 12.7% in area and a remarkable 18% rise in production compared to the previous year.
Mung bean production is estimated at 143.6 thousand tons across 198 thousand hectares, showing a slight decrease in area but a commendable 6.4% increase in production. Mash production is anticipated to be 5.28 thousand tons across 7.36 thousand hectares, representing an increase of 12.95% in area and an impressive 24.65% growth in production. Furthermore, chili’s production is estimated at 1.36 thousand tons from 122.1 thousand hectares, indicating moderate increases in both area and production.
The committee, recognizing the importance of strategic targets, established production goals for various crops. Wheat, a staple crop, was set at a substantial target of 32.12 million tons, spanning 8.9 million hectares. Additionally, production targets for Gram, Potato, Onion, and Tomato were fixed at 410, 6330, 2494, and 666 thousand tons, respectively.
Addressing concerns regarding seed availability for Rabi Crops, the meeting participants were assured by DG, FSC&RD that certified seed availability for the Rabi season 2023-24 would remain satisfactory, underpinning the foundation for the anticipated bumper harvests.
However, challenges such as water scarcity were not overlooked. The Indus River System Authority (IRSA) Advisory Committee highlighted an anticipated 15% shortage of water for Punjab and Sindh during the Rabi season. Despite this, the prevailing weather conditions were deemed supportive, and effective management strategies were in place to handle the manageable shortage.
Oct 19, 2023
Riaz Haq
Agro, food exports jump 37pc
https://www.dawn.com/news/1780607
ISLAMABAD: Pakistan has seen a significant increase of 37.4 per cent in the export of agro and food products in the first quarter of the current fiscal year from a year ago amid soaring domestic food inflation.
The surge in food products exports can be primarily attributed to the unprecedented rupee depreciation and the persistent disruptions in the supply chain and higher prices in the international market, which have led to a soaring demand for food products.
On Wednesday, the Trade Development Authority of Pakistan (TDAP), a subsidiary organisation of the Ministry of Commerce, released the latest data on the surge in food product exports.
TDAP CEO Zubair Motiwalla expressed his optimism regarding the future of Pakistan’s agro and food product exports. He stated that if the current trends continue, the country’s exports in this sector are projected to surpass $7bn by the end of 2023-24.
According to the TDAP data, major increases were in the export of sesame seed (427pc), maize/corn (109pc), ethyl alcohol (559pc), meat (16pc), rice (14pc), fruits and vegetables (11.8pc), fish and fish products (3pc).
Pakistan exported sesame seed worth $182.2m during July-September 2023-24 as compared to $34m in the corresponding period last year, a growth of 435pc thanks to increased production.
Similarly, the exports of maize were $130m during 1QFY24 as compared to $60.62m in 1QFY23, a growth of 109.32pc. Pakistan’s maize exports have increased manifolds in value, as global prices of food commodities have increased due to the outbreak of Russian-Ukraine war. The major markets for maize are Vietnam, Malaysia, Korea and Oman.
Pakistan exported ethyl alcohol worth $126.81m in 1QFY24 as compared to $19.23m in 1QFY23, indicating a growth of 559.1pc.
Pakistan exported $112.36m worth of meat in 1QFY24 as compared to $96.4m in 1QFY23, showing a growth of 16.54pc. The reason for the increase in meat exports is the introduction of new markets — Jordan, Egypt, and Uzbekistan.
At the same time, several new enterprises are registering to export meat to the UAE, KSA, and the GGC region.
Malaysia also cleared three more slaughterhouses for export/processing. Furthermore, one meat exporting company was granted market access for heat-treated meat shipments to China.
Nov 3, 2023
Riaz Haq
Pakistan may limit onion exports – what impact could it have on the markets of Europe and Central Asia? • EastFruit
https://east-fruit.com/en/news/pakistan-may-limit-onion-exports-wha...
According to EastFruit analysts, persistent rumors that Pakistan plans to limit onion exports have not yet been officially confirmed. However, the likelihood of such restrictions, formal or not, remains quite high. And this could have a significant impact on the market because Pakistan is among the top 5-7 global onion exporters in the world, according to EastFruit.
With this, Pakistan could join the long list of countries that have imposed bans or restrictions on onion exports in the past 12 months. Among these countries: Egypt, Turkey, Uzbekistan, India, Tajikistan, Kyrgyzstan, Kazakhstan, and others.
The main reason for possible restrictions on fresh onion exports from Pakistan is the rise in domestic prices for this vegetable, which remains one of the main products in the consumer basket. However, it must be taken into account that, firstly, onion prices are still lower than last year’s, and secondly, the local currency continues to devalue against the US dollar, which affects prices much more than the situation with supply and demand.
Read also: Catastrophic price situation for German onions
The main onion markets for Pakistan are Malaysia, Sri Lanka, and the UAE. In general, Pakistan is one of the main exporters of onions to the Gulf countries. Annually, fresh onion exports from Pakistan range from 300 to 450 thousand tons. In 2022, due to floods, a significant part of Pakistan’s onion crop was lost, so the country became a net importer, buying almost 500 thousand tons of onions, mainly from Afghanistan, Iran, and Egypt.
Although mutual onion trade between Pakistan and Europe and ex-USSR Central Asia is relatively small, the impact of this ban on the market could be quite significant. A possible restriction on onion exports could lead to a further increase in onion prices in the Middle East. Already, Pakistani onions are sold in bulk in the UAE at prices of more than $1 per kg. A further increase in onion prices in this region will lead to an increase in onion imports from the EU countries and will make onion exports profitable even from Uzbekistan to the UAE. Accordingly, if the decision is made, it may become decisive in supporting the rise in onion prices in Europe and Central Asia.
Jan 15
Riaz Haq
India’s pain is Pakistan’s gain in global maize market as exports drop to a trickle - The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/agri-business/indias-p...
Pakistan has gained at India’s cost in the world corn (maize) market, particularly South-East Asia, as domestic prices are ruling higher than the global prices, exporters and traders said. This is in view of demand from the poultry and starch sectors besides for ethanol production amidst drop in the coarse cereal’s production this crop year to June.
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“India’s loss is Pakistan’s gain in the Asian market. It is selling maize at $240-50 a tonne. In contrast, our prices are over $300,” said M Madan Prakash, President, Agri Commodities Exporters Association.
In the domestic market, the weighted average price of maize is currently ₹2,132 a quintal compared with ₹2,039 a year ago.
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July-December 2023-24: Exports of agro and food products increase by 64pc - Business & Finance - Business Recorder
https://www.brecorder.com/news/40281972
KARACHI: During the first six months of the financial year of 2023-2024, exports of agro and food products from Pakistan has been increased by 64 percent as compared to the same period during 2022-2023. In the month of December only, there is growth of 118 percent, as $882 million of food product export was exported in comparison of $404 million in same month in 2022-23.
In the current fiscal year 2034-24 major increases were in export of Sesame seed (278pc), Maize/corn (208pc), Ethyl alcohol (497pc), Meat (23pc), Rice (96pc), Fruits and Vegetables (15pc), Spices (10pc) and Tobacco(34pc).
Pakistan exported sesame seed worth $364 million during July-December 2023-24 as compared to $98 million during July-December, 2022-23 showing a positive growth of 278 percent. The reasons for increase of sesame seed is the increased production in 2023 (2022 crop was destroyed by flood) and higher demand/rate from China, Korea, Japan etc.
Similarly the exports of Maize were $262 million during July-December, 2023-24 as compared to $85 million in July-December, 2022-23 showing a positive growth of 208 percent. Pakistan’s maize exports have increased manifolds in value, as global prices of food commodities have increased due to the outbreak of Russian- Ukraine war. The major markets for are Vietnam, Malaysia, Korea and Oman.
Pakistan exported ethyl alcohol worth $259 million during July-December, 2023-24 as compared to $43 million during July-December, 2022-23 showing a positive growth of 4 percent. The reason for increase is the high global demand.
In meat sector, Pakistan exported worth $239 million during July-December, 2023-24 as compared to $195 in July-December, 2022-23 showing a positive growth of 23%. The reasons for positive growth of meat sector is due to opening of new markets (Jordan, Egypt, Uzbekistan), and participation of many new companies for exporting meat to UAE, KSA & GGC Region.
Additionally three more slaughter houses were approved for exporting/processing by Malaysia. Moreover, two meat exporting companies also got market access for exports of heat treated meat to China who have recently shipped heat treated meat to China.
The exports of rice from were $1645 million during July-December 2023-24 as compared to $841 million in July-December. 2022-23 showing a positive growth of 96 percent. The reason for increase is due to India’s rice export ban and increased production of rice in Pakistan. Pakistan exported fruits and vegetables worth $285 million during July-December, 2023-24 as compared to $248 million in July-December, 2022-23 showing a positive growth of 15 percent. Similarly, exports of spices shows growth of 10 percent.
Mar 13
Riaz Haq
Banana production reaches 154,935 tons on 34,830 hectares - Pakistan Observer
The cultivated area of banana in Pakistan has exceeded 34,830 hectares and the production has exceeded 154,935 tons, with Sindh producing 127,426 tons and Punjab producing 9,573 tons.
According to media reports, Agriculture and Fruit Economist Ari Faisalabad Ishaq Javed, high varieties of banana can be cultivated very successfully in hot humid areas where there is no haze and the plants are protected from hot weather.
https://pakobserver.net/banana-production-reaches-154935-tons-on-34...
Rainfall up to 2,500 millimeters, temperatures between 16 to 18 degrees Celsius in winter and 21 to 24 degrees Celsius in summer can produce excellent banana production.
Javed said that since the roots of the banana plant go to a shallow depth, it needs enough water and fertile soil that has the ability to absorb water well. He said that the growth of banana can be done from rhizome pieces and rootstocks. He said that gardeners should keep the distance between plants from 1.5 to 2.5 meters and the number of plants per acre should be kept from 676 to 764. He said that gardeners should consult agronomists for further guidance.
Mar 23
Riaz Haq
Pakistan onion exports amounted to $210 million In first 10 months of FY2023-24
https://www.freshplaza.com/asia/article/9628959/pakistan-onion-expo...
In the first 10 months of FY2023-24, Pakistan achieved onion exports amounting to $210 million, as reported by local media. The All Pakistan Fruit and Vegetable Exporters Association anticipates this figure to escalate to $250 million by the closure of FY24. Despite the flourishing export figures, the local populace has been subjected to elevated prices for onions, a fundamental kitchen staple. An association representative attributed the price hike to market dynamics rather than the export activity itself, noting a discrepancy between wholesale and retail prices.
Overall vegetable exports during this period reached 1.044 million tons, generating $371 million in revenue, marking an increase in the average price per ton from $233 to $354, attributed to stable currency rates. Onions constituted a significant portion of these exports, alongside potatoes and other vegetables.
The export landscape was also influenced by the import of onions from Iran and Afghanistan and the exploitation of an Indian export ban by Pakistani exporters. Despite efforts to regulate the market, including setting a minimum export price for onions at $1,200 per ton in January 2024, domestic prices have remained high, benefiting exporters significantly. Pakistani onions have found their way to various international markets, notably in the Far East, with potential growth hinging on resolving trade issues with countries such as Indonesia, the Philippines, and Thailand.
Jun 11
Riaz Haq
Cotton, rice and wheat grow by 108.2 pc, 34.8pc and 11.6pc, respectively
https://www.dawn.com/news/1839339
LAHORE: Notwithstanding the challenges of lack of finance, quality inputs, efficient market systems, research and development, and extension services, the agriculture sector grew 6.3 per cent in 2023-24 compared to 2.3pc last year, driven by healthy growth in important crops, reveals the Pakistan Economic Survey 2023-24 released on Tuesday.
Rallied by a significant growth of 16.8pc in the production of wheat, cotton, and rice crops, the sector improved its share in gross domestic production from 23.2pc in FY23 to 24pc in FY24.
The agricultural sector growth of 6.3pc was the highest in 19 years, according to the research firm Arif Habib Ltd.
Wheat output witnessed a record growth of 11.6pc from 28.2 million tonnes last year to 31.4m tonnes this year, the survey said. Cotton, severely damaged by floods and rains last year, recorded 10.2m bales compared to 4.9m bales last year, growing by 108.2pc. Rice output also saw a significant increase — up by 34.8pc — reaching 9.9m tonnes compared to 7.3m tonnes.
Cotton ginning, with 0.3pc share in the GDP, grew by 47.2pc due to the significant increase in cotton production.
Sugarcane and maize, however, declined by 0.4pc and 10.4pc, respectively, mainly due to a drop in acreage. Sugarcane production came down from last year’s 88m tonnes to 87.6m tonnes, and maize came down from 11m tonnes to 9.8m tonnes. Though the sugarcane production area decreased, its yield increase (kg per hectare) is encouraging, highlighting the optimal agriculture policy mix.
Other crops have also shown a 0.9pc growth compared to a decline of -0.92pc last year. There was 8.4pc growth in fruits, 5.8pc in vegetables, and 1.5pc in pulses.
The survey reveals that water availability during Kharif 2023 increased to 61.9 million acre-feet (MAF) from 43.3 MAF in Kharif 2022 (flood year), meeting crop requirements. For Rabi 2023-24, water availability was recorded at 30.6 MAF, showing an increase of 4.1pc over Rabi 2022-23.
Overall domestic production of fertilisers during FY24 (July-March) increased by 17.3pc to 3.25m tonnes compared to 2.77m tonnes in the same period of FY23. Fertiliser imports also increased by 23.7pc, reaching 524,000 tonnes. Consequently, the availability of fertilisers increased by 18.1pc to 3.77m tonnes.
The total offtake of fertiliser nutrients also saw an 18.7pc increase, reaching 3.95m tonnes. This was attributed to the extraordinarily low offtake during the previous year due to floods. Although gas prices for urea plants increased, the rise in average prices of urea and other nitrogen-containing fertilisers was disproportionately high compared to the increase in gas prices.
Agricultural lending during July-March FY24 went up by 33.3pc from Rs1.22 trillion disbursed during the same period last year to Rs1.63tr. It achieved 72.7pc of the annual target.
The outstanding portfolio of agricultural loans increased by Rs105.8 billion to reach Rs818.7bn by March 2024, compared to Rs712.9bn at the end of March 2023, reflecting a 14.8pc growth.
Livestock, which accounts for 60.8pc of the agricultural sector and 14.6pc of GDP, grew by 3.9pc in FY24, up from 3.7pc last year.
The forestry sector, contributing 2.3pc to agricultural value addition and 0.56pc to GDP, flourished by only 3.05pc compared to a significant 16.63pc growth last year.
The fishing sector, which claims 1.30pc of agricultural value addition and 0.31pc of GDP, grew by 0.81pc, up from 0.35pc the previous year.
During July-April of FY24, total fish production reached 720.9m tonnes, comprised of 410.9m tonnes from marine fisheries and the remainder from inland waters fisheries. The major fish buyers included China, Thailand, Malaysia, the Middle East, Sri Lanka, and Japan with 207,000 tonnes of fish and fish preparations exported, earning approximately $534.22m.
Jun 12
Riaz Haq
Pakistan's fruit exports up 17.85% in first ten months of current fiscal year
https://www.freshplaza.com/asia/article/9629192/pakistan-s-fruit-ex...
Pakistan's fruit exports experienced a 17.85% rise in the first ten months of the current fiscal year compared to the corresponding period of the previous year. This increase is documented by the Pakistan Bureau of Statistics (PBS), highlighting an escalation from 232,700 million dollars to 274,227 million dollars during July-April (2023-24). Furthermore, a significant 29.32% year-on-year growth was observed in April 2024, with exports reaching 8.161 million dollars against the 6.311 million dollars recorded in April 2023.
Despite the annual growth, a month-on-month comparison shows a 58.51% decrease in April 2024 from 19.629 million dollars in March 2024. Additionally, Pakistan's overall merchandise exports saw a 9.10% increase during the first ten months of the fiscal year 2023-24, totaling 25.280 billion dollars as opposed to 23.171 billion dollars in the same timeframe of the previous year.
Jun 17
Riaz Haq
Pakistan exports first shipment of cherries to China | Article | Fruitnet
https://www.fruitnet.com/asiafruit/pakistan-exports-first-shipment-...
Pakistan has shipped its first consignment of fresh cherries to China marking the opening of Asia’s largest market for the industry.
The Trade Development Authority of Pakistan (TDAP) announced the shipment was dispatched to China on 5 June. It said under the phytosanitary agreement with China over 100 orchards have been registered with China’s General Administration of Customs.
According to a report from Dawn, the first shipment contained 6 tonnes of cherries and was transported by refrigerated truck over the border. The cherries were grown in key the key production region of Gilgit-Baltistan, which produces approximately 5,000 tonnes a season.
Following the initial shipment Pakistan hopes to ramp up supply and send 260 tonnes of cherries to China by the end of the month.
The Pakistan Horticulture Development & Export Company (PHDEC) has been working with the local cherry industry on development, helping to educate growers on producing popular varieties.
PHDEC chief executive Athar Hussain Khokhar said by producing the required varieties of cherries, the country can capture a slice of the China market.
“Proximity and growing demand for the fruit in the Chinese market are a major competitive advantage to Gilgit-Baltistan growers,” Khokhar said.
Jun 19
Riaz Haq
Pakistan is the world's third largest producer of goat meat after China and India.
Pakistan ranks 3rd with 532 million kg of goat meat produced in 2023
China tops with 2.5 billion kg, followed by India with 550 million kg.
https://www.tridge.com/intelligences/goat-meat/production
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Pakistan opens the Jordanian meat market - Euromeatnews.com
https://euromeatnews.com/Article-Pakistan-opens-the-Jordanian-meat-...
Pakistan is tapping the Jordanian meat market, as three slaughterhouses are already approved to export bovine, camel, sheep and goat meat to Amman. For the last few years, Jordan has imported constantly around 150,000 tonnes of halal meat, worth $464 million. According to the Ministry of National Food Security and Research data, the total volume of meat production in Pakistan was 4,708 tonnes in 2019-20. Of this, 2,303 tonnes was beef, 748 tonnes was mutton and 1,657 tonnes was poultry. Pakistani meat exporters are facing intense competition in the halal meat market from other countries like India, Brazil, Australia and Africa. However, the country wants to focus on camel meat exports. "Pakistan has recently become a top exporter of camel meat in the world", mentioned Ismail Suttar, President of Employers Federation of Pakistan. The global halal meat market is projected to reach a value of $3.2 trillion by 2024. Nevertheless, top exporters in this market are Brazil, Australia and India. "Not even a single Muslim country falls in the list of top five global exporters of halal products", commented Ahmad Jawad, former chairman of agriculture committee for the Federation of Pakistan Chambers of Commerce and Industry.
Major importers of halal meat are represented by Saudi Arabia, Malaysia, the United Arab Emirates, Indonesia and Egypt.
Jul 3
Riaz Haq
Pakistan stands as the world’s 5th largest mango producer
https://www.freshplaza.com/latin-america/article/9642058/pakistan-s...
Pakistan stands as the world's 5th largest mango producer, offering 24 unique varieties. The mango season, active from May to August, is centered in Punjab and Sindh, home to the Sindhri and Chaunsa varieties. Despite its global standing, Pakistan exports only 6 to 7% of its mango production, facing challenges in production, processing, transportation, and compliance with international standards.
This year, production declined due to pests and climate issues, yet the country continues to meet domestic demand and export. The majority of exports, about 75%, target GCC countries via sea, air, and land. Efforts to improve air shipment logistics are in progress to maintain quality and competitive pricing.
Enhancing branding and packaging is vital for competing internationally. Unlike Mexico and India, Pakistani mangoes lack a strong global brand, affecting their pricing abroad. Streamlining regulatory compliance and export procedures is also crucial for smoother market access.
Strategic initiatives aim to strengthen marketing, upgrade processing facilities, and explore new markets in Europe, Africa, Iran, and China. These efforts are expected to diversify export destinations and support the sector's sustainable growth.
With targeted efforts to address challenges and seize opportunities, Pakistan aims to boost its mango exports, contributing to economic growth and its global trade footprint.
Jul 7
Riaz Haq
As climate change threatens Pakistan mango exports, surge in Middle East demand offers some hope
https://www.arabnews.pk/node/2545171/pakistan
ISLAMABAD: The All Pakistan Fruit and Vegetable Exporters Association (APFVEA) said on Sunday that Pakistan might not meet its target of exporting 100,000 metric tons of mangoes this year due to adverse effects of climate change on its production, with officials pinning their hopes on a surge in demand from the Middle East.
Pakistan is the world’s fourth-largest mango producer and the fruit export generates millions of dollars in revenue annually, according to the APFVEA. Additionally, mangoes serve as a cultural symbol and a diplomatic tool that help the government strengthen international connections.
Pakistan has faced mango export challenges in recent years due to adverse weather, and pest and fruit fly infestation, with production declining for the third consecutive year in 2024.
The country produces around 1,800,000 metric tons of mangoes annually, with 70 percent grown in Punjab, 29 percent in Sindh and one percent grown in Khyber Pakhtunkhwa.
“We had set a target of exporting 100,000 metric tons of mangoes this season, but it seems unachievable due to the pronounced negative impact of climate change on Pakistan’s mango orchards resulting in less production and a lack of export-quality mangoes,” Muhammad Shehzad Sheikh, the APFVEA chairman, told Arab News.
Due to the weather this year, he said, mango production was down by up to 40 percent in Punjab and 20 percent in Sindh, reducing the overall production by around 600,000 metric tons.
He said the APFVEA reduced this year’s target because it could not achieve the export target of 125,000 metric tons last year and exported only 100,000 metric tons of mangoes in 2023.
“With the export of 100,000 metric tons of mangoes during the current season, if achieved, a valuable foreign exchange of $90 million would be generated,” Sheikh said.
Expressing grave concerns, the APFVEA chairman said the effects of climate change on fruit cultivation, particularly mangoes, as well as on the larger agricultural sector were intensifying with each passing year.
“Extended winters, heavy rains, hailstorms and subsequent severe heatwaves have altered disease patterns throughout the seasons,” he explained, stressing an urgent need for research-based solutions to mitigate these effects and warning that failure to promptly do so could further jeopardize mango production and exports.
Jul 7
Riaz Haq
Overseas Demand soars for Pakistani mangoes. 93,000 tons worth $61 million exported in 2024
https://tribune.com.pk/story/2479446/demand-soars-for-local-mangoes
KARACHI:
This year has seen a remarkable increase in mango exports from Pakistan, underscoring the growing demand and global appeal of this tropical fruit. The surge reflects both expanded production capabilities and heightened international interest in premium-quality mangoes.
According to the Department of Plant Protection (DPP), as of June 30, 2024, the country shipped over 93,000 metric tonnes of mangoes worth about $61 million since exports commenced on May 20, 2024. A total of 4,484 containers were shipped to countries such as United Arab Emirates, Iran, Afghanistan, and other Middle Eastern countries, including Bahrain, Oman, Qatar, and Saudi Arabia.
“The figures show export data till June 30. The total will be compiled after the end of the season in September,” a DPP official said. This includes all three modes of shipment: by sea, by air, and through land terminals.
Quoting the DPP’s export statement, another official of the department said Pakistan’s total mango export volume was more than 129,000 metric tonnes during the last season in 2023. During this season, 18 hot water treatment plants have been approved in Karachi, with a few qualified from other parts of Sindh and Punjab.
Waheed Ahmed, Patron-in-Chief of the All Pakistan Fruit and Vegetable Exporters, Importers, and Merchants Association (PFVA), said, “We still don’t have any data regarding this year’s export as we receive from the government.”
According to the DPP’s country-wise chart seen by The Express Tribune, Iran was the top export destination with 1,745 containers worth about $19.5 million. The UAE followed, importing a staggering 1,396 containers worth around $21.5 million. A notable quantity of 700 containers, valued at approximately $7 million, was shipped to Kazakhstan.
Additionally, an impressive 307 containers, or 10,074 metric tonnes worth a little above $1.5 million, were exported to Afghanistan.
Statistics from the Pakistan Revenue Automation Limited (PRAL) also depict that the value for last year’s export was approximately $116 million. However, the quantity mentioned in PRAL data is 154,000 metric tonnes, which includes a portion of this year’s volume (data compiled based on exports carried out from July 1, 2023, to June 30, 2024).
Export of mangoes commenced on May 20, 2024, and gained momentum, with shipments of the luscious fruit surging via the Torkham border.
While talking to The Express Tribune, Dr Mubarak Ahmad, Consultant on Agro and Food at the Trade Development Authority of Pakistan (TDAP) and former Director General at DPP, said Pakistan boasts a robust mango crop this year. The quality is also favourable for export. According to DPP data compiled till June 30, 2024, the volume of export has crossed 93,000 metric tonnes. This figure will rise further considerably by the end of the season, he added.
“Exports from Punjab have just started last week. The export is likely to continue till September. So we will see more surge in terms of both volume and value,” he said.
Regarding TDAP’s activities in promoting the fruit, he said TDAP has undertaken a good number of activities to promote the valuable fruit and is organising events to attract foreign buyers. “We support exporters for participation in international fairs, arrange B2B meetings, facilitate exporters in removing trade barriers, and contribute to opening new markets.”
Ahmad also highlighted that the TDAP recently organised a trade exhibition attended by about 600 foreign buyers from across the globe. Additionally, the TDAP sends mangoes to 35 countries for their top officials, arranges mango tasting events, and holds seminars/meetings for consultative sessions with stakeholders.
Sep 3
Riaz Haq
Pakistan is the world’s 9th largest and Asia’s 4th largest potato producing country
https://www.statista.com/statistics/382192/global-potato-production...
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Nuts - Pakistan | Statista Market Forecast
https://www.statista.com/outlook/cmo/food/fruits-nuts/nuts/pakistan
Revenue in the Nuts market amounts to US$0.59bn in 2024. The market is expected to grow annually by 3.18% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (US$10,540m in 2024).
In relation to total population figures, per person revenues of US$2.40 are generated in 2024.
In the Nuts market, volume is expected to amount to 243.10m kg by 2029. The Nuts market is expected to show a volume growth of 2.2% in 2025.
The average volume per person in the Nuts market is expected to amount to 0.9kg in 2024.
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FY24 exports soar 10.54pc to $30.645bn YoY - Business & Finance - Business Recorder
https://www.brecorder.com/news/40310979
ISLAMABAD: The country’s exports increased by 10.54 percent ($2.921 billion) to $30.645 billion during the fiscal year 2023-24 compared to $27.724 billion in the corresponding period of 2022-23, says the Pakistan Bureau of Statistics (PBS).
The monthly trade data released by the Bureau noted that Pakistan’s trade deficit narrowed down by 12.32 per cent in the fiscal year 2023-24 as it stood at $24.089 billion compared to $27.474 billion during the fiscal year 2022-23.
Imports declined by 0.84 per cent to $54.734 billion during the fiscal year 2023-24 as compared with $55.198 billion in the fiscal year 2022-23.
The data further noted that the trade deficit widened by 30.39 per cent on a year-on-year basis and stood at $2.390 billion in June 2024 compared to $1.833 billion during the same month of 2023.
The imports increased by 17.43 per cent on a YoY basis and remained $4.919 billion in June 2024 compared to $4.189 billion in June 2023. The exports increased by 7.34 per cent on a YoY basis and remained $2.529 billion in June 2024 compared to $2.356 billion in June 2023.
On a MoM basis, the trade deficit widened by 15.13 per cent to $2.390 billion in June 2024, as compared to $2.076 billion in May 2024. Exports recorded a 10.92 per cent negative growth to $2.529 billion in June 2024 when compared with $2.839 billion in May 2024.
Import increased by 0.08 per cent to $4.919 billion in June 2024 when compared with $4.915 billion in May 2024.
The country’ exports was $4.434 billion during the first two months (July-August) of fiscal year 2023-24 and registered -6.32 per cent growth when compared to $4.733 billion in 2022-23. However, exports turned into a positive trajectory after that from September 2023.
Former caretaker minister for Commerce and Industries Gohar Ejaz in a post on X said that the trade deficit decreased proportionately to increased exports. Export-led growth is the only way forward for the country to get out of economic challenges and jobs creation. He said that trade deficit decreased by $3.5 billion which is directly proportional to increased exports.
President FPCCI Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh, Chairman Rice Exporters Association, Chairman Seed Association, Chairman Fruit and Vegetable Association gave credit to hard work in marketing Pakistani products and creating increased access in China and GCC by Gohar Ejaz and his team which helped in turning around exports from negative to 10 per cent growth in his seven months tenure as caretaker federal commerce minister.
Sep 3
Riaz Haq
Pakistan has increased its aquaculture manifold from 12,000 tons in the year 2000 to 159,000 tons in 2018. Aquaculture is slowly gaining momentum in Pakistan with hatcheries of different species of crustaceans (mostly shrimps) opening up in Karachi.
https://tdap.gov.pk/wp-content/uploads/2022/03/Fisheries-Potential-...
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https://www.reportlinker.com/clp/country/10970/726402
Key Market Indicators
Fish production in Pakistan is expected to reach 178,000 metric tons by 2026, up 1.4 percent from 162,000 metric tons in 2021. Since 1965, the country's production has grown 0.7 percent annually. In 2021, Pakistan ranked 28th in fish production, after France which produced 162,000 metric tons. Indonesia, India and Vietnam ranked second, third, and fourth, respectively.
Fish consumption in Pakistan is projected to reach 53,000 metric tons by 2026, down 1.9 percent from 58,000 metric tons in 2021. Since 2017, the country's demand for fish has decreased 3 percent annually.
Sep 29
Riaz Haq
Pakistan’s rice exports surged to $4 billion in FY24 compared to $2.15 billion last year
https://www.arabnews.com/node/2575218/pakistan
State media says favorable weather, “abundant” resources helped Pakistan export six million tons of rice
ISLAMABAD: Pakistan generated $4 billion in revenue during financial year 2024 by exporting six million tons of different types of rice, state media reported on Monday, citing favorable weather conditions and “abundant” agricultural resources as the main reasons for the surge in exports.
Pakistan exported rice worth $4 billion this year compared to $2.15 billion last year, benefiting largely from India’s more-than-a-year-long ban on rice exports to fulfill its domestic needs. India announced in September it was lifting the ban, prompting Pakistan to lift the minimum export price for all rice varieties in the country.
India and Pakistan are the only two countries that produce basmati rice which is famous for its unique flavor and aroma. India has been the largest exporter of rice worldwide, followed by Pakistan, Thailand and Vietnam.
“With the support of the Special Investment Facilitation Council, Pakistan has earned revenue of four billion dollars from rice exports,” state broadcaster Radio Pakistan reported, referring to Pakistan’s top hybrid civil-military body formed last year to attract foreign investment in the country’s vital economic sectors.
“During the fiscal year 2024, Pakistan exported more than 6 million tons of different varieties of rice due to favorable weather conditions and abundant availability of agricultural resources.”
Shahjahan Malik, former chairman of the Rice Exporters Association of Pakistan, said exporters have set a fresh target of $5 billion for rice exports for the next financial year. He added that a comprehensive strategy based on “modern seed research and quality agricultural practices” would be developed to enhance exports further.
Earlier this month, Pakistan’s Commerce Minister Jam Kamal had said the country aimed to boost its rice exports to as much as $7 billion to support its dwindling economy.
Pakistan’s commerce minister said country aims to increase revenue from rice exports to $7 billion this year
Oct 16
Riaz Haq
Pakistan becomes 5th largest country in sesame production
https://radio.gov.pk/23-01-2024/pakistan-becomes-5th-largest-countr...'s%20agricultural%20portfolio.
Pakistan has become the fifth largest country worldwide in the sesame production with its over four hundred million dollars exports in current year. According to the Ministry of National Food Security and Research, sesame has emerged as a pivotal cash crop within Pakistan's agricultural portfolio.
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Pakistan loses its edge in supplying China with sesame seeds
https://www.ft.com/content/db8a22b4-a3f9-425c-be74-6ba87023823a
Pakistan’s agricultural industry is struggling to adjust to the end of a shortlived boom in supplying a staple for China’s kitchens, as demand and prices for sesame seeds collapse amid increasing competition from other countries. China, the world’s largest sesame seed buyer, imported just $19mn worth of seeds from Pakistan in the harvesting months of August and September this year, a 53 per cent fall compared with the same period in 2023 when demand was at its peak, according to data from Beijing’s General Administration for Customs. Pakistan had been benefiting from conflict in Sudan, Ethiopia and Myanmar disrupting supplies from producers there, and Beijing’s decision to abolish a 9 per cent duty on seeds from its neighbour.
Alan Xi, general manager for agriculture at China Machinery Engineering Corporation in Pakistan, said waning demand from China was driving prices down to Rs12,000 a maund (40kg) — about a dollar a kilo — for the farmers he contracts to grow sesame, well below the Rs20,000 they fetched last year.
“Very, very high demand from China drove farmers to want to switch to sowing sesame seeds,” said Xi. Now “some farmers are telling me, they will never grow sesame again because of the low price”. “Since the season started [in August], prices [of sesame] have been coming down every week,” said Fahad Shoukat, chief executive of Armcom, a Karachi-based sesame exporter. Although his business specialises in selling premium-grade sesame to the US and Europe instead of China, the price slump has still hit his company’s bottom line. “Nobody [importers] is taking long-term positions, while last year people in Europe and the US would keep bigger stocks in their warehouses.”
Pakistan exported $403mn worth of sesame last year, making it the world’s fifth-largest exporter, up from just $40mn in 2019, according to data from S&P Global Commodity Insights, as China scrambled to replace lost volumes from conflict zones and attacks on Red Sea shipping lanes.
Pakistan’s tariff exemption has given its exporters an edge over fellow autumn and winter suppliers in India, while the port of Karachi is relatively closer to Chinese ports than those of competitors in west and east Africa, according to analysts and exporters. Pakistan was responsible for about a fifth of the $1.53bn in sesame imports by China in 2023, which were turned into cooking oil, sauces and dessert garnishes. Farmers sow sesame on more than 1.8mn acres of Pakistani farmland, four times the area under cultivation for the seed in 2020, according to data from the Ayub Agricultural Research Institute, a Faisalabad-based research centre.
Nov 4