Kazakhstan keeps stable positions in the TOP-3 of flaxseed producers

Source

APK-Inform

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According to Oil World figures, for several recent years Kazakhstan surely keeps the third position in the TOP-3 of global countries-producers of flaxseed. Thus, in 2016/17 MY the production of flaxseed in the Republic of Kazakhstan reached 15% of the global harvest volumes - 400 thsd tonnes, an increase of 18% compared with the volumes in the season-2015/16, due to growing of the oilseed planted areas and increased yield figures.

Traditionally, in 2016/17 MY Russia and Canada took the first and second positions in the rating, and covered 23% and 21% of the global harvest volumes - 630 thsd tonnes and 579 thsd tonnes, respectively. So, in the reporting season the global production of flaxseed totaled 2.7 mln tonnes.

Oil World analysts forecasted that in 2017/18 MY the global production of flaxseed will decrease by 11% (to 2.4 mln tonnes), due to downward trends in the major countries-producers. So, in the current season the production volumes in Russia, Canada and Kazakhstan will reach 520 thsd tonnes, 550 thsd tonnes, and 350 thsd tonnes, respectively.

You can receive more detailed information on the oilseed market of Kazakhstan and the world, within frames of the first international conference "KazOil 2017", to be held on November 29 in Astana (Radisson Hotel Astana).

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