News

In Kazakhstan, the problem with official statistics on the availability of oilseeds remains relevant

Published Nov 29, 2023

Tridge summary

The National Association of Oilseed Processors in Kazakhstan has raised concerns over the incorrectness of official statistics on the presence of oilseeds in the country. The collection of data is done manually and not all parties involved provide information on time, leading to overestimation of official statistics. This could have a negative impact on the stability and development of the agricultural sector and result in a shortage and increased prices of finished products.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Kazakhstan, an urgent problem remains the incorrectness of official statistics, in particular, on the presence of oilseeds in the country. Meanwhile, based on statistical data in the agro-industrial complex, decisions are made at the state level, on which the further development of the industry and the level of protection of the domestic market depend. “The collection of data on the availability of agricultural raw materials by central state and local executive bodies is carried out in “manual mode”, while not all interested parties (agricultural producers, storage facilities and other participants) provide information in a timely and high-quality manner, which is unacceptable in the current economic, geopolitical and climatic conditions. Overestimation of official statistics, which the relevant ministries rely on when making decisions, is one of the main problems in ensuring the stability and development of the agricultural sector,” the National Association of Oilseed ...
Source: Oilworld
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.