Kazakhstan: Oil refiners eye the Afghan market

Published Apr 24, 2023

Tridge summary

The Afghan market presents significant opportunities for Kazakhstani vegetable oil producers and flaxseed suppliers, with trade volumes experiencing substantial growth in recent years. In 2022, Kazakhstan exported approximately 18,000 tons of vegetable oils, predominantly sunflower oil, to Afghanistan, and flaxseed exports increased from 30.5 thousand tons in 2021/2022 to 43 thousand tons in 2022/2023. Afghanistan's flaxseed consumption varies around 7% among other oils, positioning it as the third-largest purchaser of Kazakhstani flax behind Belgium and China. Kazakhstan anticipates further growth in these export markets.

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Original content

The Afghan market is considered to be not fully explored. The situation in the country has been unstable in recent years, but in terms of business, the region remains interesting for exporters, including Kazakhstani ones, to this day. Producers of vegetable oils from the Republic of Kazakhstan are gradually starting to enter there, reports inbusiness.kz. Producers of vegetable oils also paid attention to Afghanistan. In addition to the already studied along and across Central Asia, processors see huge potential in this direction. "In 2022, Kazakhstan sent about 18,000 tons of vegetable oils to the Afghan market. Of this volume, about 17,000 tons are sunflower oil. The Afghan market mainly purchases packaged oil. Taking into account the fact that we are expanding refining capacities for domestic market, we will increase exports to this country," the National Association of Oilseeds Processors of the Republic of Kazakhstan informed. In addition to vegetable oil, Afghanistan is also ...

Source: Oilworld