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    Home > Food News > Food Articles > Kazakh sunflower oil production and exports increase

    Kazakh sunflower oil production and exports increase

    • Last Update: 2022-05-19
    • Source: Internet
    • Author: User
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    KHA/Nur-Sultan/May 5 -- According to the Ministry of Agriculture of Kazakhstan, the production of sunflower oil in Kazakhstan increased by 10.
    2% compared to 2020
    .
     
    Since the beginning of 2022, the export volume of Kazakh sunflower oil has increased by 4.
    8 times compared to the same period in 2021
    .
     
    Kazakhstan's export restrictions on sunflower seeds and sunflower oil will end this summer
    .
    The quota took effect on September 1 last year
    .
     
    Exports of refined edible oils are growing despite restrictions
    .
     
      The All-Kazakh Oilseed Processors Association emphasized that the quota has had a very positive impact on the industry
    .
    The domestic market recovered, and domestic agricultural producers reached out to local businesses
    .
    These measures in turn feed back farmers with good raw material purchase prices
    .
     
      According to data provided by the All-Kazakh Oilseed Processors Association, the price of sunflower seeds in October last year was between 180,000 and 215,000 tenge per ton
    .
    In October last year, the price had risen to the level of 220,000-250,000 tenge
    .
     
      That is, the price growth rate is between 16% and 22%
    .
    Given that the domestic oil processing plants are at full capacity, the increase in the cost of sunflower seeds has not affected the finished product, and the price of the finished product is stable
    .
     
      Kazakhstan's demand for raw material exports is not large
    .
    Currently, the price of sunflower seeds is still rising, even within Kazakhstan, the price is between 270,000 and 300,000 tenge per ton
    .
     
      The industry association believes that this shows that the domestic demand in Kazakhstan is very high, and domestic oil companies can well meet the needs of farmers
    .
     
      In addition, the country provides subsidies to farmers, covering the purchase of seeds, fertilizers, chemicals,
    etc.
    As a result, the area planted with sunflower seeds increased by 27% last year, and this growth will continue through 2022
    .
    sunflower seeds
     
      Since the beginning of 2022, the export volume of Kazakh sunflower oil has increased by 4.
    8 times compared to the same period in 2021
    .
    exit
     
      Kazakhstan's export restrictions on sunflower seeds and sunflower oil will end this summer
    .
    The quota took effect on September 1 last year
    .
     
      Exports of refined edible oils are growing despite restrictions
    .
     
      The All-Kazakh Oilseed Processors Association emphasized that the quota has had a very positive impact on the industry
    .
    The domestic market recovered, and domestic agricultural producers reached out to local businesses
    .
    These measures in turn feed back farmers with good raw material purchase prices
    .
     
      According to data provided by the All-Kazakh Oilseed Processors Association, the price of sunflower seeds in October last year was between 180,000 and 215,000 tenge per ton
    .
    In October last year, the price had risen to the level of 220,000-250,000 tenge
    .
     
      That is, the price growth rate is between 16% and 22%
    .
    Given that the domestic oil processing plants are at full capacity, the increase in the cost of sunflower seeds has not affected the finished product, and the price of the finished product is stable
    .
     
      Kazakhstan's demand for raw material exports is not large
    .
    Currently, the price of sunflower seeds is still rising, even within Kazakhstan, the price is between 270,000 and 300,000 tenge per ton
    .
     
      The industry association believes that this shows that the domestic demand in Kazakhstan is very high, and domestic oil companies can well meet the needs of farmers
    .
     
      In addition, the country provides subsidies to farmers, covering the purchase of seeds, fertilizers, chemicals,
    etc.
    As a result, the area planted with sunflower seeds increased by 27% last year, and this growth will continue through 2022
    .
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