Margarine production has fallen to a minimum in Kazakhstan

Published 2023년 7월 25일

Tridge summary

The volume of margarine production in Kazakhstan has significantly decreased in recent months, reaching its lowest point since August 2020. In June 2023, production was only 2 thousand tons, a decrease of 52% compared to May and 61% compared to June 2022. This decline in production for three consecutive months raises concerns about the country's reliance on imports if the trend continues.

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

Original content

In June, the volume of margarine production amounted to 2 thousand tons. Compared to May, the indicator decreased by 52% (1.8 thousand tons), in June 2022 - by 61% (3.1 thousand tons). Now it is at a minimum since August 2020, follows from the data of the BNS ASPIR of the Republic of Kazakhstan, inbusiness.kz reports with reference to the Telegram channel of the First Credit Bureau Data Hub. "The current volumes are really very low. To be even better convinced of this, compare: on average, in 2022, 5.4 thousand tons of margarine were produced per month. That is, 2.7 times more. Separately, it upsets that the indicator has been declining for 3 months in a row. The last time this was observed was in the first half of 2016. How dangerous is the current situation? So far, Kazakhstan manages to provide itself with margarine by half. If the downward trend in production ...

Source: Oilworld