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Good then we can export it to China, central Asia, middle east and southeast Asia. All in all meeting our own requirementsPakistan wants to increase the #Olive production as Pakistan has more land suitable for olive cultivation then Spain which is the largest olive producer in the world. Annually Pakistan imports $2 Billion worth edible Oil.
Government of #Punjab Launched a program to convert Potohar into a Olive Valley in 2015-16 under this project 1 Million Olive trees has been planted on the area of 800 Acres.
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With the rising olive oil price worldwide, this is the time we need to seriously think about promoting our olive oil industry. Olive oil can become our liquid gold.
Not really,Good then we can export it to China, central Asia, middle east and southeast Asia. All in all meeting our own requirements
The first priority for Pakistan is to save import bill of edible oil which is itself in billions of dollars. In 2016-17, Pakistan became the third largest importer of refined cooking oils (after China and India). Pakistan imports over 2.5 million tonnes of crude and refined cooking oil, and over 2 million tonnes of oil seeds every year.Not really,
The Olive oil market is not like more you plant more you sell...
Top Markets of Olive oil are "Producers" Themselves...
And those same "Market/Producers" are already in competitions and behave like the OPEC...
Therefore Even if Pakistan do have a lot of Trees... They will mostly resell it as "Olives" to those same "Producers" to then transform it into Oil and Derivatives.
But unlikely since the World market is almost "Enough" for current quantities.
And Last, Olive Oil is like Wine... "Buyers" go by their "Area of Prestige" and "Olive Qualities" (ie Med sea),
The first priority for Pakistan is to save import bill of edible oil which is itself in billions of dollars.
If olive oil is cheap, people will stop buying other oils, such as corn, sunflower, coconut and sesame etc.
After that, Pakistan can export olives or olive oil to other countries.
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I have edited my comment a bit.. I don't think we can export in the next 5 -10 years.. The goal is to fulfill internal demand first.But you can't be cheap enough, that's the thing. Olive oil will still be used for the same purposes as today.
Yes, Pakistan will be able to export, But not as some may think, at least when it comes to "Olive Oil".
I have edited my comment a bit.. I don't think we can export in the next 5 -10 years.. The goal is to fulfill internal demand first.
Pakistan is the third largest importer of refined cooking oils and every year imports over 2.5 million tonnes of cooking oil.
You can do the maths, how much import bill will be saved..
To be honest, didn't take me more than a year to adopt olive oil in my home. Also, the taste is not too much different, in fact, I love food cooked in (1) Desi Ghee and then (2) Olive Oil more than in corn oil now, which I used to buy when I first arrived in UAE.Our Type of Olive Tree gives at Top Prod around 8 years to 12 years.
As for cooking oil, Cooking with Olive Oil it's a bit "special" not that isn't good... But it will change the "taste" of your cooking... therefore Whatever is cooked WILL have a different taste, If Olive oil wasn't originally part of the dish...
So, first you will have to do a job to "Re-Educate" the population to get used tot he taste/ adapt the local dishes etc...
Yes, Having an interesting Olive oil production is an interesting project, but it has to be well though when it comes to consume it/export it... otherwise... They will end up as trees on the side road or fire wood...
It is not that bad .Not really,
The Olive oil market is not like more you plant more you sell...
Top Markets of Olive oil are "Producers" Themselves...
And those same "Market/Producers" are already in competitions and behave like the OPEC...
Therefore Even if Pakistan do have a lot of Trees... They will mostly resell it as "Olives" to those same "Producers" to then transform it into Oil and Derivatives.
But unlikely since the World market is almost "Enough" for current quantities.
And Last, Olive Oil is like Wine... "Buyers" go by their "Area of Prestige" and "Olive Qualities" (ie Med sea),
Yeah we have collective taste for banspati and stuff . But that's what we do create a market and collectively change the taste of the society . Turkey has done that . Isreal has done that . Arabs have done that.Our Type of Olive Tree gives at Top Prod around 8 years to 12 years.
As for cooking oil, Cooking with Olive Oil it's a bit "special" not that isn't good... But it will change the "taste" of your cooking... therefore Whatever is cooked WILL have a different taste, If Olive oil wasn't originally part of the dish...
So, first you will have to do a job to "Re-Educate" the population to get used tot he taste/ adapt the local dishes etc...
Yes, Having an interesting Olive oil production is an interesting project, but it has to be well though when it comes to consume it/export it... otherwise... They will end up as trees on the side road or fire wood...
It is nit t
It is not that bad .
I totally get your point .
But look at turkey . They now proudly label olive oil as Turkish and eat and consume their own and also export all over the world so does isreal . They have even started eating it in breakfast.
Even if we produce olive oil we would be able to decrease our 2 billion dollar import bill . Besides we can market it as an Islamic product and it is everyone's moral and patriotic duty in Pakistan to consume its on olive oil... Besides we are lucky as having a huge market next door, China . They would always buy as long as you have equality products . Pakistan should always work keep in mind the Chinese Market and how we can export meat, vegetable, oil and other consumables .
To be honest, didn't take me more than a year to adopt olive oil in my home. Also, the taste is not too much different, in fact, I love food cooked in (1) Desi Ghee and then (2) Olive Oil more than in corn oil now, which I used to buy when I first arrived in UAE.
When there will be enough olive production, and no buyers outside of Pakistan, Government will increase the import duties on other oils so much so that the population will be forced to buy local oil. This is being done in other sectors too, where imported products are being made expensive, and the strategy is working.
No we are not looking for exports.. we can't. A country that imports 75% of its demand of cooking oil, and is a third largest importer, can't think about exporting.My take is not you guys should or should not, But to be prepared when you get into it.
Olive cultivation is an expensive Biz, fragile and need time for investment return.
That's why The first "Consumers" 'must be from your country, it's a must, You must not "Use" Export Potentials as viable "Point". For a long time Producers were among the only Consumers... That's why they stayed alive, despite difficulties.
No we are not looking for exports.. we can't. A country that imports 75% of its demand of cooking oil, and is a third largest importer, can't think about exporting.
Olive oil research started decade back. The current production is the result of trees planted a few years ago. A lot of work has been done. It's not like we have decided to start cultivating olives yesterday without studying the environment, seeds, demand etc.. the current strategy has years of work to back it up.