Exports of Kazakhstani oilseeds fell by half in December

Oil & Fats

Kazakhstan

Market & Price Trends

Published Jan 31, 2024

Tridge summary

In December, Kazakhstan saw a slight decrease in oilseed shipments by 0.4% to 76.3 thousand tons, with flax sales accounting for 30.2% of the total. Sunflower exports also fell by 2.3% to 25.3 thousand tons, primarily to China. However, soybean exports saw a significant increase, doubling to 9.3 thousand tons, mainly to Uzbekistan. All rapeseed exports, amounting to 4 thousand tons, were sent to France. Safflower exports dropped to 14.4 thousand tons, with Tajikistan and China as the main recipients. Mustard exports, though small in volume, increased to 234 tons, all of which were sent to Poland.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

According to the State Revenue Committee, in December, compared to the previous month, shipments of oilseeds decreased by 0.4%, amounting to 76.3 thousand tons (in November – 76.6 thousand tons). Compared to the same period last year - 178.2 thousand tons (including EAEU countries), exports decreased by 2.3 times. As a percentage of the total volume, the share of flax sales was 30.2%. In December, exports of Kazakh sunflower decreased by 2.3% - to 25.3 thousand tons (in November - 25.9 thousand tons). China remains the main importer of sunflower seeds of the Republic of Kazakhstan, which slightly reduced purchases from 25.7 to 24.4 thousand tons. During the reporting period, 63 tons were sent to Azerbaijan, 162 tons to Uzbekistan, 573 tons to Tajikistan, 64 tons to Moldova, 20 tons to Mongolia. In December, soybean exports doubled - from 4.5 to 9.3 thousand tons, the main volume of which was sent to Uzbekistan, 22 tons went to China. The entire volume of rapeseed - 4 thousand tons ...

Source: Oilworld