Pakistanis sacrificed animals worth around $2.5 billion on Eid Al-Adha, tanners say 

A livestock vendor stands with his cattle at a market ahead of the Muslim festival of Eid al-Adha in Peshawar on July 13, 2021. (AFP)
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Updated 29 July 2021
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Pakistanis sacrificed animals worth around $2.5 billion on Eid Al-Adha, tanners say 

  • Up to 9 million animals including cows, sheep, goats and camels, were slaughtered this Eid 
  • Number of sacrifices on the rise since last year as people unable to go to Saudi Arabia for Hajj pilgrimage

KARACHI: Pakistanis sacrificed around nine million animals worth $2.5 billion on the Muslim festival of Eid Al-Adha last week, tanners and leather exporters have said, at least a one-billion-dollar increase from last year.
Eid Al-Adha, the second most important festival of Islam, was observed in Pakistan last Wednesday. Muslims traditionally mark the occasion by sacrificing livestock and distributing the meat among friends, family and the poor.
In Pakistan, the number of sacrificial animals has been on the rise since last year as people have been unable to go to Saudi Arabia to perform the Hajj pilgrimage due to coronavirus restrictions and have thus offered the ritual sacrifice in their home country.
Last year, the worth of sacrificial animals was estimated to be $1.5 billion.
“We estimate that around eight million to nine million animals including cows, sheep, goats and camels, were slaughtered on this Eid Al-Adha,” Abdul Salam, senior vice-chairman of the Pakistan Tanners Association (PTA), told Arab News. “Large number of Pakistanis who were unable to go for Hajj have offered the sacrifice rituals here in the country ... Sacrifices are more than our estimate of six million to seven million for this year.”
M. Danish Khan, chairman of the Pakistan Leather Garments Manufacturers and exporters Association (PLGMEA), told Arab News Rs400 billion ($2.5 billion) worth of animals were slaughtered this year. No official data was available.
“This growth is due to the restrictions on travel for Hajj,” Khan said.
Former PTA chairman Ejaz Ahmed Sheikh, who is chairman of leather supplier Bombal Leathers, said while exact figures were as yet unavailable, the overall value of sacrificial animals could be even higher than tanners’ estimates.
“It is estimated that around 3-4 million cows were slaughtered this year,” he told Arab News. “So, keeping average price at Rs 100,000, the overall value goes up to Rs300 billion, while if we add the value of goats, sheep, and camels, the value exceeds Rs400 billion.”
The rate of waste has also been higher this year, with data from the Lahore branch of PTA showing that Rs2 billion worth of hides and skins was wasted. 
PLGME’s chief Khan said material wastage was an annual problem.
“Huge quantities of hides and skins are wasted every year due to lack of proper facilities required to preserve the material,” he said.
Skins and hides from sacrificial animals are usually collected by Islamic seminaries and welfare organizations which sell them to leather exporters and tanners to meet their financial expenditures.
Qazi Sadaruddin, director at the Al-Khidmat Foundation, a non-governmental organization that provides humanitarian services across Pakistan, told Arab News the collection of skins, as well as their rates, had increased this year.
“The rates are comparatively higher this year and the collection of skins and hides has also increased,” he said.
Eid Al-Adha contributes around 20-30 percent of raw material to Pakistan’s leather industry, which PLGME expects will cross the $1 billion mark this year. In the previous fiscal year 2020-21, the leather sector contributed $833 million to Pakistan’s overall exports of $25.3 billion.
“Despite COVID-19, Pakistan’s export sector has performed very well during the last fiscal year,” PLGME’s Khan said. “We hope that this year Pakistan’s leather exports will hit the $1 billion mark”.


Pakistan, China to sign multiple MoUs at major agriculture investment conference today

Updated 18 January 2026
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Pakistan, China to sign multiple MoUs at major agriculture investment conference today

  • Hundreds of Chinese and Pakistani firms to attend Islamabad event
  • Conference seen as part of expanding CPEC ties into agriculture, trade

KARACHI: Islamabad and Beijing are set to sign multiple memorandums of understanding (MoUs) to boost agricultural investment and cooperation at a major conference taking place in the capital today, Monday, with hundreds of Chinese and Pakistani companies expected to participate.

The conference is being billed by Pakistan’s Ministry of National Food Security and Research as a platform for deepening bilateral agricultural ties and supporting broader economic engagement between the two countries.

“Multiple memorandums of understanding will be signed at the Pakistan–China Agricultural Conference,” the Ministry of National Food Security said in a statement. “115 Chinese and 165 Pakistani companies will participate.”

The conference reflects a growing emphasis on expanding Pakistan-China economic cooperation beyond the transport and energy foundations of the flagship China-Pakistan Economic Corridor (CPEC) into agriculture, industry and technology.

Under its first phase launched in 2015, CPEC, a core component of China’s Belt and Road Initiative, focused primarily on transportation infrastructure, energy generation and connectivity projects linking western China to the Arabian Sea via Pakistan. That phase included motorways, power plants and the development of the Gwadar Port in the country's southwest, aimed at helping Pakistan address chronic power shortages and enhance transport connectivity.

In recent years, both governments have formally moved toward a “CPEC 2.0” phase aimed at diversifying the corridor’s impact into areas such as special economic zones, innovation, digital cooperation and agriculture. Second-phase discussions have highlighted Pakistan’s goal of modernizing its agricultural sector, attracting Chinese technology and investment, and boosting export potential, with high-level talks taking place between planning officials and investors in Beijing.

Agri-sector cooperation has also seen practical collaboration, with joint initiatives examining technology transfer, export protocols and value-chain development, including partnerships in livestock, mechanization and horticulture.

Organizers say the Islamabad conference will bring together government policymakers, private sector investors, industry associations and multinational agribusiness firms from both nations. Discussions will center on investment opportunities, technology adoption, export expansion and building linkages with global buyers within the framework of Pakistan-China economic cooperation.