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From 4 to 5 Dec., 2018, the Chemical Industry Branch of the China Council for the Promotion of International Trade (CCPIT) and the Lahore Chamber of Commerce & Industry together will hold the CAC Pakistan 2018, which is the agrochemical, agro-machine and seed industry exposition in Lahore, Pakistan. The expo aims to promote the exchange and cooperation of China and Pakistan in agrochemicals and agro-machine devices and technologies to push forward the agricultural development between the two countries.
The main content of the expo includes pesticides, fertilizers, seeds, devices for agrochemical production, drying, smashing and packaging, packages and processing machine for agricultural produces.
Picture 1: Logo of CAC Pakistan 2018
As known, around 42.3% of the national labor in Pakistan are engaged in agricultural production. In the USD304.0 billion worth of GDP, 19.52% is from agriculture. The country boasts a cultivable land area of 34.5 million ha and 70% of its agriculture business is concentrated in Punjab.
Main agricultural crops in Pakistan include wheat, corn and rice; main economic crops are sugarcane, cotton, orange, potato and mango.
As a matter of fact, the annual sales revenue of plant protection products and special fertilizers in Pakistan grew by over 10% every year during 2012-2017, reaching USD500 million in 2017. In the future, along with the local economic development, the growing population will demand more grains, which means crop yields need improvement. Therefore, the demand for agrochemicals will keep increasing.
² Pesticides: the annual demand volume of pesticides in Pakistan exceeds 74,000 tonnes, mainly insecticides (56%), herbicides (21%), fungicides (10%) and micro-nutrients (13%).
² Fertilizers: in addition to traditional fertilizers like urea, DAP, nitrophosphate and SOP/MOP, the demand for bio-fertilizers including humic acid, amino acids, fulvic acid and seaweed fertilizers is also growing fast.
The annual demand volume of main crop seeds in Pakistan is 1.68 million tonnes, among which that for wheat, cotton, rice, corn and oil crop seeds is 1.08 million tonnes, 40,000 tonnes, 42,500 tonnes, 31,900 tonnes and over 10,000 tonnes respectively. The local annual seed supply volume is 310,000 tonnes, the annual imported seeds is 46,300 tonnes and there is an import shortage of seeds for wheat, corn, potato, oil crops and vegetables.