Kyrgyzstan produces only about 8% of the annual consumption of vegetable oil

Published 2023년 4월 3일

Tridge summary

Kyrgyzstan has a annual vegetable oil demand of 62-70 thousand tons, which it only produces 8.3% of, leading to heavy imports from neighboring countries. In 2021, the country produced 5.4 thousand tons and in 2022, production dropped to 6 thousand tons despite having 17.8 thousand hectares sown with oilseeds. To meet internal demand, Kyrgyzstan needs to import 110-120 thousand tons of sunflower or 260-270 thousand tons of cotton seeds. The country has 8 processing enterprises that can produce the needed finished products if raw materials are available.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Kyrgyzstan's annual demand for vegetable oil is 62-70 thousand tons. The republic produces only 8.3% of this volume, the rest is imported from neighboring countries. This was reported by Akchabar with reference to the reference-justification to the resolution of the Cabinet of Ministers of the Kyrgyz Republic "On goods subject to value added tax at a rate of zero (0) percent, applied in order to ensure the country's food security and stabilize market prices." According to official data, the production of vegetable oil in Kyrgyzstan for 2021 left 5.4 thousand tons, and in 2022 - only 6 thousand tons with a sown area of oilseeds of 17.8 thousand hectares. To cover the internal demand for vegetable oil, the republic needs to import oilseeds in the amount of 110-120 thousand tons of sunflower and/or 260-270 thousand tons of cotton. On ...
Source: Zol

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