• dynamics of automatic edible oil production line consumption
  • dynamics of automatic edible oil production line consumption
  • dynamics of automatic edible oil production line consumption
  • dynamics of automatic edible oil production line consumption
  • How has demand for edible oil changed over the past 4 years?
  • Demand for edible oil (edible oil being an essential food commodity), has stayed relatively stable over the past four years (FY18-21), recording at average levels of ~4.6mln MT and growing at a CAGR of ~1% during the same period. However, FY22 paints a different scenario, seeing as demand has fallen by ~2% YoY, recording at ~3.9mln MT.
  • Who eats edible oil?
  • The product is consumed by almost all classes of society, with per capita consumption patterns varying across the globe. Global edible oil market size increased by ~11% over the last year (MY22), as the average global prices climbed to USD~1,707/MT, against USD~1,343/MT in FY21.
  • Why is the edible oil sector reliant on short-term borrowings?
  • Edible oil sector’s working capital requirements are high due to high inventory needs. Significant reliance of the sector on short-borrowings depicts an aggressive working capital management which exposes sector to credit risk. Short-term borrowings comprise ~60% of the total borrowings mix.
  • What happened to edible oil in FY21?
  • USD~1,707/MT as compared to USD~1,343/MT during FY21, registering an increase of ~21%. Per capita consumption of edible oil also recorded a slight decline of ~1% YoY, to stand at ~18.1Kg per capita. Previously, this figure was ~18.3Kg per capita.
  • Could oleochemistry play a role in vegetable oil consumption?
  • Another element could play on vegetable oil consumption: non-food uses for oleochemistry. We know that the development of oleochemistry is highly dependent on petroleum prices competition, but also on regulations and policies which could favour a series of small markets on sustainability or biodegradability criteria.
  • How did Pakistan's edible oil market perform in FY22?
  • Pakistan’s edible oil market was recorded at USD~5,720mln in FY22, posting a YoY increase of ~36% (FY21: USD~4,369mln). Local consumption was recorded at ~3.9mln MT in FY22, down ~2% YoY (FY21: ~4.0mln MT). USD~1,707/MT as compared to USD~1,343/MT during FY21, registering an increase of ~21%.