Bamboo production has growing market potential in Pakistan, WealthPK reported on Saturday.
Bamboo is a multipurpose forest product that plays a vital role in the world’s industrial and domestic economics. In Pakistan, bamboo production is considered economically viable and has market potential.
Bamboo was once only grown in particular areas in Pakistan, such as sandy areas, but now it is grown with the same care as other crops to get the maximum potential yield. Bamboo is grown in more than 85 locations in Pakistan, particularly in Sargodha, Jhang, Kasur, Lahore, Khushab, Ganda Singh Wala, Bhalwal, Mandi Bhahauddin and Dera Ghazi Khan.
Pakistan sold 5,461 tons of bamboo in 2019. In comparison to the preceding year, demand for Pakistani bamboo (agro commodities category) increased by 11.61 percent in 2019. Bamboo exports climbed by 13.32 percent between 2017 and 2019, bringing in $1.20 million for the year.
The bamboo of Pakistan is of good quality and it is in big demand in the UAE, Afghanistan, Iran, Iraq, Malaysia, Indonesia and other countries, therefore, its production is increasing day by day which is benefiting the economy, WealthPK reported.
