Export of sunflower products from Kazakhstan to Uzbekistan is 20% more profitable than the supply of oilseeds

Published 2022년 11월 21일

Tridge summary

Uzbekistan imported significant agricultural products from Kazakhstan during the 2021/22 marketing year, including sunflower seeds, sunflower oil, and sunflower meal and cake. The total export revenue for these products exceeded $164.3 million, with the average cost of export lots being $545/t for sunflower seeds, $1,416/t for oil, and $233/t for meal. The revenue from oil and meal exports was 21% higher than that from seed exports. The import of crude vegetable oil by Uzbekistan for the 2022 calendar year is projected to reach 167.4 thousand tons, which is twice the amount from the previous year, and an estimated 170,000 tons of sunflower seeds are expected to be imported.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Uzbekistan, a key trading partner of Kazakhstan, imports a large amount of Kazakh agricultural products, incl. oilseeds and products of their processing. According to foreign trade statistics, according to the results of 2021/22 MY, 82.1 thousand tons of sunflower seeds, 70.2 thousand tons of sunflower oil and almost 86 thousand tons of sunflower meal and cake were exported from Kazakhstan to Uzbekistan. The total revenue from the export of these three goods amounted to more than $164.3 million. APK-Inform analysts estimated the average cost of export lots: for sunflower seeds it was 545 USD/t, for oil - 1416 USD/t and for meal - 233 USD/t. With an average yield of processed products from 1 ton of seeds (oil - about 40% and meal - 40%), the total proceeds from the export of oil and meal turned out to be 21% more than the proceeds from the export of seeds as raw materials. “In addition, husk, as a by-product, is also a commercial product, either increasing the total sales revenue ...

Source: Oilworld