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NAPMK named three main problems of the oil and fat industry in Kazakhstan

Kazakhstan
Published May 12, 2023

Original content

The main problems hindering the development of the oil and fat industry in Kazakhstan are the unreliability of statistical data on the production of oilseeds, unstable government policies and logistical difficulties. This was stated by the Chairman of the Board of the National Association of Oilseed Processors Yadykar Ibragimov. The problem with statistics is quite acute. After all, overestimated data on the production of oilseeds make it difficult to make adequate decisions for market regulation and business development. NAPMK estimates the discrepancy between official statistics and its own data at more than 30%. The unstable policy of the state regarding the export of raw materials also plays a negative role. “Only Kazakhstan remains the only source of oilseed raw materials for the countries of Central Asia, China, Afghanistan and others. The shortage of sunflower seeds in Central Asia is due to the fact that Uzbekistan, Kyrgyzstan, Turkmenistan and Tajikistan, due to natural ...
Source: Oilworld
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