Tuesday, July 23, 2024

Pakistanis Sacrifice Animals Worth Over Rs. 500 Billion on Eid Al-Adha

During Eid ul Adha in Pakistan, more than 680,000 animals were sacrificed, totaling over Rs500 billion in value.

The sacrificial animals included 290,000 cows, 330,000 goats, 385,000 sheep, 98,000 camels, and 165,000 water buffalo.

The value of the animal hides alone amounts to around Rs85 billion. However, concerns have been raised about potential losses of up to 40% of these hides due to extreme heat and inadequate handling.

Typically, the leather industry relies on Eid ul Adha for about 20% of its annual hide supply. This year, the industry may face a shortfall of more than 20% in hide availability compared to previous years.

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