Kazakhstan has almost doubled its export of fat and oil products to the EU and is ready to go on. This was said by the chairman of the board of the National Oilseed Processors Association (NOPA) Yadykar Ibragimov during the international conference "VegOilTrade-2023" in Rotterdam.
According to the speaker, in 2022 Kazakhstan exported about 589`000 tonnes of oil and meal, which is 78% higher than in 2021. For comparison, in the pre-COVID seasons, the export of these products did not exceed 505`000 tonnes.
In monetary terms, the export of oil and fat products increased even more significantly - by 118%, to $521 mln.
NOPA head noted that traditionally about 90% of Kazakh oil and meal are exported to China and the countries of Central Asia.
"However, recently, taking into account changes in the geopolitical situation, new directions of supply have been added, in particular Turkey and European countries," Ya. Ibragimov said.
Thus, the TOP-10 buyers of Kazakh oil and meal in 2022 included, in particular, Latvia (33`300 tonnes, 6% of the total volume), Denmark (17`350 tonnes, 3%), Belgium (9`600 tonnes, 2%).
In general, the export of Kazakh oil and fat products to the EU countries in 2022 increased by 91%, to 75`530 tonnes, in monetary terms - by 118%, to $32 million.
"We will increase these volumes in the next 2-3 years," said the head of NOPA.