The Tomsk region of Russia plans to increase exports of rapeseed products in 2021 by 31%

Published 2021년 8월 5일

Tridge summary

The Tomsk region in Russia is planning to increase its export of fat and oil products, specifically from rapeseed, by 31.4% to $18.4 million. This is part of a larger initiative to increase rapeseed production from 28,000 tons to 50,000 tons per year by 2025. In 2020, rapeseed product exports were valued at $14 million, and this is expected to rise to $18.4 million in 2021. The region will achieve this by entering new markets in Europe and Asia. Since 2018, more than 20 farms in the region have been involved in rapeseed cultivation, with the main processor and exporter being the Sibirskaya Oliva company.

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Original content

They intend to do this, among other things, by entering new markets of European and Asian countries. The enterprises of the Tomsk region plan to increase by 31.4%, to $ 18.4 million, the supply of fat and oil products abroad from the main export agricultural crop for the region - rapeseed. This was announced by Vice Governor Andrei Knorr. Since 2018, rapeseed has been one of the main export crops grown in the Tomsk region. More than 20 farms are engaged in rapeseed cultivation in the region. Most of it is exported after processing into cake and oil outside the region, including abroad. At the end of 2019, Governor Sergei Zhvachkin instructed the region's farmers to increase rapeseed production from 28 thousand tons to 50 thousand tons per year by 2025. "In 2020, oil and fat products (from rapeseed) were exported in the amount of $ 14 million. According to the estimated data of exporting enterprises, in 2021, exports will amount to $ 18.4 million - plus 31.4% by 2020," Knorr said, ...

Source: Oilworld