Kazakhstan earns $115 million from sunflower seeds export

Published 2022년 12월 21일

Tridge summary

Kazakhstan has seen a significant increase in sunflower seed exports, with a 77% rise to 223,000 tons valued at $115 million in the first nine months of this year. The average export price also increased by 8.8% to $515 per ton. The Ministry of Trade and Integration plans to implement a 20% export customs duty on sunflower seeds starting from 2023, with a minimum of 100 euros per ton, though the Ministry of Agriculture has not indicated any intention to impose quantitative restrictions. Additionally, the country has experienced a sharp increase in sunflower oil production by 66.6% for the first 11 months of the year, and butter exports have also seen a significant rise of 2.5 times, reaching 204.8 thousand tons.

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

Original content

According to statistics and the State Revenue Committee, Kazakhstan exported 223,000 tons of sunflower seeds worth $115 million in 9 months of this year. In physical terms, exports increased by 77% compared to the same period a year earlier. The average export price for the year increased by 8.8% and amounted to $515. This was reported by the Telegram-channel "Analytical Service" Atameken ". From the beginning of 2023, the Ministry of Trade and Integration plans to establish an export customs duty on sunflower seeds in the amount of 20%, but not less than 100 euros per ton. The message from the Analytical Service states that Atameken does not support this restriction. Earlier, the Ministry of Agriculture reported that with the establishment of an export duty, it is not planned to introduce quantitative restrictions on the export of sunflower seeds. The Ministry of Agriculture also noted that the production of sunflower oil has increased sharply in Kazakhstan: for 11 ...

Source: Zol