Kazakhstan increases supplies of meal to the EU

Published 2025년 1월 10일

Tridge summary

In the 2023/24 marketing year, Kazakhstan experienced a notable increase in the export of soybean, sunflower, and rapeseed meal, with volumes reaching 423 thousand tons, a 44% rise from the previous year. The European Union (EU) continued to be a significant market for these products, importing 74.3 thousand tons, which marks a 15% increase from the previous year and accounts for approximately 17.6% of the total supplies from Kazakhstan. However, the EU's share in the total supplies to Kazakhstan's traditional markets, including China, Uzbekistan, and Tajikistan, slightly decreased due to increased supplies to these countries.

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

Original content

According to the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan, in 2023/24 MY total exports of soybean, sunflower and rapeseed meal from Kazakhstan amounted to 423 thousand tons, which is 44% higher than the previous season. A significant part of exported meal is supplied to EU countries. According to the European Commission, in MY 2023/24 total imports of meal of major oilseeds from Kazakhstan amounted to 74.3 thousand tons, which is 15% higher than in the previous season and accounts for 17.6% of the total volume of supplies of these products from Kazakhstan. It is noted that in MY 2022/23, the share of the EU in the total volume of supplies from Kazakhstan was the maximum for the last 5 seasons and amounted to 22.2%. In MY 2023/24, the share of EU countries slightly decreased due to an increase in supplies to China, as well as the traditional markets of Uzbekistan and Tajikistan. For almost 30 years of expertise in the agri markets, ...

Source: UkrAgroConsult