Business Review (Jun 2024)
Dynamics and Trends of Oilseed Crops in Pakistan
Abstract
This study analyzes the trends and compound growth rates of Pakistan’s oilseed crops from the year 1971-72 to 2021-22. The acreage, production, and yields of essential crops such as rapeseed-mustard and canola, sunflower, peanut, sesame, soybean, safflower, linseed, and castor seed are examined using trend analysis and compound growth rate estimations. The study's conclusions show a marked change in favor of a greater reliance on imported edible oilseeds and a decline in indigenous production. Despite this, certain crops, such as mustard and rapeseed, have a positive production trend, indicating increased agricultural efficiency. Groundnut cultivation area and production have increased significantly, while sesame has remained consistent with recent yield gains. Sunflower exhibits exceptional expansion, while soybean suffers a loss in cultivation area but a minor increase in yield. Safflower has fluctuations, with recent yield gains, and linseed has favorable yield trends despite area and output losses. Castor seed cultivation and output are dropping, while yields are increasing slightly. This study emphasizes the need for strategic agricultural policies to ensure food security and sustainability in the face of shifting trends and challenges in Pakistan's edible oilseed industry.
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