Kazakhstan will increase the export of sunflower oil and meal in the current season

Published 2022년 10월 20일

Tridge summary

In the 2021/22 marketing year, Kazakhstan achieved significant growth in sunflower oil production and exports, with a total of 1.78 million tons sold. The bottled oil exports made up 31% of this total. The peak production month was May, which led to a surge in exports, with the highest volume of 26.1 thousand tons in May. Kazakhstan expanded its sunflower oil markets, including new ones like Turkey, Afghanistan, and the European Union, in addition to the traditional ones like China, Uzbekistan, and Tajikistan. The country also saw a nearly doubling of sunflower meal shipments, from 87 thousand tons to 158 thousand tons, with the European Union showing a high demand for it. The National Association of Oilseeds Processors anticipates further growth in sunflower oil and meal sales for Kazakhstan.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

About 1.78 million tons of sunflower oil were sold from Kazakhstan to foreign markets following the results of the 2021/22 marketing year. At the same time, the share of bottled oil exports amounted to 31%. Such assessments were announced by the chairman of the National Association of Oilseed Processors, Yadykar Ibragimov, during his report at the Fat-And-Oil Industry-2022 conference in Warsaw. He noted that last season the production of sunflower oil was actively gaining momentum, and the peak month for the production of this product was May - 33.1 thousand tons. “Thanks to this, oil exports also increased significantly - since February of this year. exports increased significantly, and in May of this year. the volume of shipments of the product also reached the highest level - 26.1 thousand tons,” the expert said. According to Ibragimov, Kazakhstan has also managed to expand markets for sunflower oil. In the current season, traditional buyers - China, Uzbekistan and Tajikistan - ...
Source: Oilbranch

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