Buttermakers of Kazakhstan expect to increase the volume of processing of their own raw materials

Published May 12, 2023

Tridge summary

A dispute in Kazakhstan's food industry, particularly within the oil and fat sector, has led to calls for the prioritization of domestic raw materials for production. This conflict is part of a larger issue involving the use of raw materials for various food products like margarine, ketchup, and mayonnaise. The oil and fat industry, which includes several large companies and 36 processing plants, is seeking state support to decrease reliance on imports, especially palm oil. The Ministry of Agriculture is already providing preferential loans, investment subsidies, and other support to boost domestic production. There is potential for increased export revenue if domestic oil and fat products are prioritized, and efforts are being made to enhance production by incorporating science and expanding crop fields.

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Original content

In the Kazakh food industry, a conflict has long been overdue, affecting the oil and fat industry and dividing it into two camps. Their representatives argue about which raw materials are best used for the production of margarine, ketchup, mayonnaise and other products. The only way out is to establish the production of domestic raw materials, some experts say, Atameken Business reports. In Kazakhstan, the oil and fat industry is represented by several large companies. There are 36 processing plants in the republic. The oil and fat union includes 20 enterprises, whose market share is 30 percent. In total, 226 items of goods are produced. Experts note that last year, the export of domestic sunflower oil covered the geography of 20 countries, including 6 countries of the European Union. The Ministry of Agriculture plans to increase the export potential of Kazakhstan through state support for producers. "Preferential loans are provided for harvesting, investment subsidies are paid ...

Source: Oilworld