Economic Survey of Pakistan & Livestock Sector
Livestock is an important sector in Pakistan’s economy and contributes about 11.9 percent in the GDP of Pakistan. Livestock sector is considered to be a net source of invariable income for rural and middle grade agri-business holders. Moreover it can play a major role in poverty alleviation in rural areas of Pakistan. Livestock sector contributed about 55.4 percent in year 2012-13 in the agriculture sector as compared to the 55.3 percent in year 2011-12. There is no considerable improvement in livestock sector in year 2012-13.
Livestock Population Change
The total population increase in livestock sector during economic year 2012-13 is listed below. Cattle population increased by 3.79% in year 2012-13. Buffalo, sheep and goat population replicated by 3.06%, 1.41% and 2.85% respectively. There is 0% increase in mule population.
Milk Production & Consumption Change
Major product of livestock is milk and there is 3.26 percent increase in the milk production during the last two years that is quite satisfactory as the milk consumption increased by 3.24% during the last fiscal financial year.
Here is the statistical picture of milk production in last 2 economic year of Pakistan.
The following tabular data show the percentage increase in the consumption of milk and it is clear that percentage consumption increase is more than the increase in percentage production.
Poultry sector is one of the fast growing sectors of Pakistan and 1.5 million people are directly or indirectly earning from this sector. Its contribution in National GDP is 1.2 percent and 10.4 percent in livestock.
Poultry meat contribute 26.7% to the total meat production in Pakistan. Poultry sector has shown a sprint growth at the rate of 7-8 percent annually. The overall increase in poultry meat production during the last financial year is 8.75% which is much higher than the mutton and beef production percentage increase.
Published in ZaraiMedia.com