Opportunities to grow oilseeds and produce oil and fat products are growing in Uzbekistan

Published Apr 13, 2022

Tridge summary

The Ministry of Agriculture of Uzbekistan is taking steps to increase food security by increasing the cultivation and production of socially significant food products. In 2022, the country plans to sow cotton seeds and oilseeds on a larger scale than previous years, with the goal of producing a total of 476 thousand tons of oil and fat products, including cottonseed oil and vegetable oil. Despite these efforts, the country still falls short of meeting its population's demand for vegetable oil. To make up for the shortfall, the government has abolished value added tax on certain oils and has implemented measures to increase oilseed yields and create stocks of products, leading to a decrease in imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

One of the most important tasks of the Ministry of Agriculture of the Republic of Uzbekistan is the continuous provision of the population with socially significant food products, thereby increasing food security. Today, measures are being taken to increase the volume of cultivation and production, to form the necessary stocks of such products, including through their importation from abroad. In 2022, in order to provide the population with vegetable oil, it is planned to sow cotton seeds on 1 million 34 thousand hectares and oilseeds on 266 thousand hectares. This figure is 32% higher than in 2021 and 2.6 times higher than in 2020. Also this year, it is planned to produce 2 million 138 thousand tons of raw cotton from cotton and 366 thousand tons of oilseed products (13% more compared to 2021 and 3.5 times more than in 2020). As a result, according to preliminary estimates, the republic has the ability to produce a total of 476 thousand tons of oil and fat products. This is 385 ...
Source: Oilworld

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