Kazakhstan increased linseed exports to the EU by 52%

This year saw the highest ever April linseed exports from Kazakhstan, which totaled 38 KMT.

Linseed exports in September-April 2018/19 were the highest at 404.6 KMT. This rise was accounted for by growth in the crop: Kazakhstan harvested more than 1 MMT of linseed for the first time ever, reports UkrAgroConsult.

The EU continues to be the biggest importer with a market share of 78%. Its purchases are up almost 52% from last year.

MY 2018/19 witnessed the return of countries such as Estonia, Finland, Denmark to the ranks of importers.

Growth in exports was observed to Afghanistan (+2.8%), Uzbekistan (+18.6%). Mongolia increased purchases almost ten times.

A slowdown in exports was noticed to Turkey (-89%) and Iran (-76%).

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Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators – the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.

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