Oil flax production in Russia this season will remain approximately at the same level as in the previous one

게시됨 2023년 8월 7일

Tridge 요약

The Oil and Fat Union states that oilseed flax production will remain consistent with the previous season, while the production of linseed oil is forecasted to increase by 1.5 times and reach a record 50 thousand tons in the 2023/24 agricultural year. China is the main buyer of Russian oilseed flax and oil, followed by Belgium, Turkey, Latvia, and Poland. Russia is the top global exporter of oilseed flax, with a market share of over 80%, and ranks second in the world for the export of crude linseed oil. The union believes there is potential to expand deliveries to the Asian region and Middle East due to high demand for healthy products, as flaxseed oil is used in various industries.

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원본 콘텐츠

According to the Oil and Fat Union, the production of oilseed flax this season will remain approximately at the same level as in the previous one. “Regarding the processing of flax and the production of linseed oil, our forecast remains, in 2023/24 the agricultural year it will grow by 1.5 times and reach a record 50 thousand tons,” the press service of the union clarifies. The main buyer of our oilseed flax and oil is China, which exports almost half of the grown raw materials and produced oil. In second place in terms of purchases of raw materials is Belgium, the third is Turkey, followed by Latvia and Poland. Russia ranks first among the world's oilseed flax exporters, according to TradeMap, and together with Kazakhstan, our global market share in 2023 is more than 80%, the union specifies. In terms of the export of crude linseed oil, our country is in second place in the world, the main buyers are China, Lithuania and Belgium, shared in the Union. Oil flax production volumes ...

출처: Oilworld