• Latest
  • Trending
Russian Sunflower Oil Exports Set to Reach Record High in 2023

Russian Sunflower Oil Exports Set to Reach Record High in 2023

August 6, 2023
Climate Crisis and Cabbage Shortages: How South Korea is Battling Extreme Weather to Secure Food Supply

Climate Crisis and Cabbage Shortages: How South Korea is Battling Extreme Weather to Secure Food Supply

July 18, 2025
Cabbage Crisis in Korea: Climate Change, Shrinking Farms, and the Struggle for Food Security

Cabbage Crisis in Korea: Climate Change, Shrinking Farms, and the Struggle for Food Security

July 18, 2025
Extreme Heatwaves and Crop Shortages: Lessons from South Korea’s Agricultural Crisis

Extreme Heatwaves and Crop Shortages: Lessons from South Korea’s Agricultural Crisis

July 17, 2025
Revolutionizing Agriculture: China’s Massive Investment in Kazakhstan’s Agro-Processing Sector

Revolutionizing Agriculture: China’s Massive Investment in Kazakhstan’s Agro-Processing Sector

July 17, 2025
Revolutionizing Agriculture: IIT Tirupati’s Food Processing Hub Set to Transform Rayalaseema’s Farming Economy

Revolutionizing Agriculture: IIT Tirupati’s Food Processing Hub Set to Transform Rayalaseema’s Farming Economy

July 16, 2025
Empowering Rural SC Women Through Fruit and Vegetable Processing: A Path to Entrepreneurship and Income Growth

Empowering Rural SC Women Through Fruit and Vegetable Processing: A Path to Entrepreneurship and Income Growth

July 16, 2025
Chuvashia’s ‘Ready-to-Eat Food Factory’ Takes Off: A New Era in Agricultural Value Addition

Chuvashia’s ‘Ready-to-Eat Food Factory’ Takes Off: A New Era in Agricultural Value Addition

July 15, 2025
Bell Pepper Market Trends: Price Declines Amid Shifting Supply and Demand Dynamic

Bell Pepper Market Trends: Price Declines Amid Shifting Supply and Demand Dynamic

July 15, 2025
Andalusia’s Asparagus Crisis: 23% Drop in Cultivation Area Sparks Concerns Over Water Scarcity and Future Production

Andalusia’s Asparagus Crisis: 23% Drop in Cultivation Area Sparks Concerns Over Water Scarcity and Future Production

July 14, 2025
Cherries as Superheroes: Celebrating Germany’s Iconic Summer Fruit and the Future of Sustainable Agriculture

Cherries as Superheroes: Celebrating Germany’s Iconic Summer Fruit and the Future of Sustainable Agriculture

July 14, 2025
Global Mango Industry Unites: Key Takeaways from the 14th International Mango Symposium

Global Mango Industry Unites: Key Takeaways from the 14th International Mango Symposium

July 13, 2025
Majalengka’s Declining Shallot Production: Weather, Market Pressures, and Shifting Farming Trends

Majalengka’s Declining Shallot Production: Weather, Market Pressures, and Shifting Farming Trends

July 13, 2025
  • Company
Friday, July 18, 2025
Vegetables News
  • NEWS
    Climate Crisis and Cabbage Shortages: How South Korea is Battling Extreme Weather to Secure Food Supply

    Climate Crisis and Cabbage Shortages: How South Korea is Battling Extreme Weather to Secure Food Supply

    Cabbage Crisis in Korea: Climate Change, Shrinking Farms, and the Struggle for Food Security

    Cabbage Crisis in Korea: Climate Change, Shrinking Farms, and the Struggle for Food Security

    Extreme Heatwaves and Crop Shortages: Lessons from South Korea’s Agricultural Crisis

    Extreme Heatwaves and Crop Shortages: Lessons from South Korea’s Agricultural Crisis

    Revolutionizing Agriculture: China’s Massive Investment in Kazakhstan’s Agro-Processing Sector

    Revolutionizing Agriculture: China’s Massive Investment in Kazakhstan’s Agro-Processing Sector

    Revolutionizing Agriculture: IIT Tirupati’s Food Processing Hub Set to Transform Rayalaseema’s Farming Economy

    Revolutionizing Agriculture: IIT Tirupati’s Food Processing Hub Set to Transform Rayalaseema’s Farming Economy

    Empowering Rural SC Women Through Fruit and Vegetable Processing: A Path to Entrepreneurship and Income Growth

    Empowering Rural SC Women Through Fruit and Vegetable Processing: A Path to Entrepreneurship and Income Growth

    Chuvashia’s ‘Ready-to-Eat Food Factory’ Takes Off: A New Era in Agricultural Value Addition

    Chuvashia’s ‘Ready-to-Eat Food Factory’ Takes Off: A New Era in Agricultural Value Addition

    Bell Pepper Market Trends: Price Declines Amid Shifting Supply and Demand Dynamic

    Bell Pepper Market Trends: Price Declines Amid Shifting Supply and Demand Dynamic

    Andalusia’s Asparagus Crisis: 23% Drop in Cultivation Area Sparks Concerns Over Water Scarcity and Future Production

    Andalusia’s Asparagus Crisis: 23% Drop in Cultivation Area Sparks Concerns Over Water Scarcity and Future Production

  • AGROTECHNOLOGY
    • All
    • Climate
    • Crop protection
    • digital (smart)
    • dron
    • Fertilizer
    • Research
    • weed
    Climate Crisis and Cabbage Shortages: How South Korea is Battling Extreme Weather to Secure Food Supply

    Climate Crisis and Cabbage Shortages: How South Korea is Battling Extreme Weather to Secure Food Supply

    Extreme Heatwaves and Crop Shortages: Lessons from South Korea’s Agricultural Crisis

    Extreme Heatwaves and Crop Shortages: Lessons from South Korea’s Agricultural Crisis

    The Future of Farming: How Agri-Tech is Revolutionizing Agriculture and Attracting a New Generation

    The Future of Farming: How Agri-Tech is Revolutionizing Agriculture and Attracting a New Generation

    Drones in Agriculture: Revolutionizing Crop Treatment or Just a High-Tech Stopgap?

    Drones in Agriculture: Revolutionizing Crop Treatment or Just a High-Tech Stopgap?

    KFU Scientists Develop Smart Algorithm for Autonomous Tractors to Reduce Soil Compaction and Boost Efficiency

    KFU Scientists Develop Smart Algorithm for Autonomous Tractors to Reduce Soil Compaction and Boost Efficiency

    Smart Garden” in the Arctic: How a Yakutian School is Pioneering Year-Round Farming in Extreme Conditions

    Smart Garden” in the Arctic: How a Yakutian School is Pioneering Year-Round Farming in Extreme Conditions

    EU Tariffs on Russian and Belarusian Fertilizers: A Threat to European Agriculture?

    EU Tariffs on Russian and Belarusian Fertilizers: A Threat to European Agriculture?

    Novgorod Farmers Overcome Extreme Weather to Exceed Spring Sowing Targets by 6%

    Novgorod Farmers Overcome Extreme Weather to Exceed Spring Sowing Targets by 6%

    Agricultural Drones in Leningrad Region: High Costs and Legal Barriers Slow Adoption Despite Benefits

    Agricultural Drones in Leningrad Region: High Costs and Legal Barriers Slow Adoption Despite Benefits

  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING
No Result
View All Result
  • NEWS
    Climate Crisis and Cabbage Shortages: How South Korea is Battling Extreme Weather to Secure Food Supply

    Climate Crisis and Cabbage Shortages: How South Korea is Battling Extreme Weather to Secure Food Supply

    Cabbage Crisis in Korea: Climate Change, Shrinking Farms, and the Struggle for Food Security

    Cabbage Crisis in Korea: Climate Change, Shrinking Farms, and the Struggle for Food Security

    Extreme Heatwaves and Crop Shortages: Lessons from South Korea’s Agricultural Crisis

    Extreme Heatwaves and Crop Shortages: Lessons from South Korea’s Agricultural Crisis

    Revolutionizing Agriculture: China’s Massive Investment in Kazakhstan’s Agro-Processing Sector

    Revolutionizing Agriculture: China’s Massive Investment in Kazakhstan’s Agro-Processing Sector

    Revolutionizing Agriculture: IIT Tirupati’s Food Processing Hub Set to Transform Rayalaseema’s Farming Economy

    Revolutionizing Agriculture: IIT Tirupati’s Food Processing Hub Set to Transform Rayalaseema’s Farming Economy

    Empowering Rural SC Women Through Fruit and Vegetable Processing: A Path to Entrepreneurship and Income Growth

    Empowering Rural SC Women Through Fruit and Vegetable Processing: A Path to Entrepreneurship and Income Growth

    Chuvashia’s ‘Ready-to-Eat Food Factory’ Takes Off: A New Era in Agricultural Value Addition

    Chuvashia’s ‘Ready-to-Eat Food Factory’ Takes Off: A New Era in Agricultural Value Addition

    Bell Pepper Market Trends: Price Declines Amid Shifting Supply and Demand Dynamic

    Bell Pepper Market Trends: Price Declines Amid Shifting Supply and Demand Dynamic

    Andalusia’s Asparagus Crisis: 23% Drop in Cultivation Area Sparks Concerns Over Water Scarcity and Future Production

    Andalusia’s Asparagus Crisis: 23% Drop in Cultivation Area Sparks Concerns Over Water Scarcity and Future Production

  • AGROTECHNOLOGY
    • All
    • Climate
    • Crop protection
    • digital (smart)
    • dron
    • Fertilizer
    • Research
    • weed
    Climate Crisis and Cabbage Shortages: How South Korea is Battling Extreme Weather to Secure Food Supply

    Climate Crisis and Cabbage Shortages: How South Korea is Battling Extreme Weather to Secure Food Supply

    Extreme Heatwaves and Crop Shortages: Lessons from South Korea’s Agricultural Crisis

    Extreme Heatwaves and Crop Shortages: Lessons from South Korea’s Agricultural Crisis

    The Future of Farming: How Agri-Tech is Revolutionizing Agriculture and Attracting a New Generation

    The Future of Farming: How Agri-Tech is Revolutionizing Agriculture and Attracting a New Generation

    Drones in Agriculture: Revolutionizing Crop Treatment or Just a High-Tech Stopgap?

    Drones in Agriculture: Revolutionizing Crop Treatment or Just a High-Tech Stopgap?

    KFU Scientists Develop Smart Algorithm for Autonomous Tractors to Reduce Soil Compaction and Boost Efficiency

    KFU Scientists Develop Smart Algorithm for Autonomous Tractors to Reduce Soil Compaction and Boost Efficiency

    Smart Garden” in the Arctic: How a Yakutian School is Pioneering Year-Round Farming in Extreme Conditions

    Smart Garden” in the Arctic: How a Yakutian School is Pioneering Year-Round Farming in Extreme Conditions

    EU Tariffs on Russian and Belarusian Fertilizers: A Threat to European Agriculture?

    EU Tariffs on Russian and Belarusian Fertilizers: A Threat to European Agriculture?

    Novgorod Farmers Overcome Extreme Weather to Exceed Spring Sowing Targets by 6%

    Novgorod Farmers Overcome Extreme Weather to Exceed Spring Sowing Targets by 6%

    Agricultural Drones in Leningrad Region: High Costs and Legal Barriers Slow Adoption Despite Benefits

    Agricultural Drones in Leningrad Region: High Costs and Legal Barriers Slow Adoption Despite Benefits

  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING
No Result
View All Result
Vegetables News
Home Market Logistics

Russian Sunflower Oil Exports Set to Reach Record High in 2023

by Tatyana Ivanovich
August 6, 2023
in Logistics
0
Russian Sunflower Oil Exports Set to Reach Record High in 2023

#SunflowerOilExports #RussianOilIndustry #GlobalOilMarket #AgriculturalExports #SupplyChainOptimization

Russian sunflower oil exports are projected to reach nearly 4 million tons by the end of the 2022/23 season, according to experts. This represents a remarkable milestone for the industry, especially considering the previous limitations on export capabilities. The Executive Director of the Russian Oil and Fat Union, Mikhail Maltsev, revealed that despite not fully utilizing the export potential due to various reasons, the country will still maintain significantly high carryover stocks of raw materials.

Mikhail Maltsev, the Executive Director of the Russian Oil and Fat Union, disclosed that Russia is set to export nearly 4 million tons of sunflower oil by the end of the 2022/23 season. However, this export volume does not fully represent the potential that exporters could achieve, given the abundant harvest of the previous year. The country will retain record-high carryover stocks of raw materials, as reported by sfera.fm.

The restrained realization of export potential can be attributed to several factors. Uneven utilization of processing capacities in oil and fat enterprises occurred because agricultural producers held back sunflower sales in the first half of the season. Additionally, logistical and financial challenges also contributed to the situation. Nevertheless, exporters adapted to most of these changes, leading to a 30% growth in physical exports.

Looking ahead, the next season is expected to witness further growth in sunflower oil exports. This anticipation is primarily due to the addition of remaining stocks from the 2022/23 oilseed harvest. Furthermore, global demand for sunflower oil may increase due to reduced yields in oilseeds, particularly impacted by weather anomalies affecting palm oil production.

The record-breaking export of Russian sunflower oil in 2022/23 has significant implications for both the domestic and international markets. With ample carryover stocks, Russia is poised to maintain a strong position as a major sunflower oil exporter. This surge in exports can boost the country’s economy and contribute positively to the balance of trade.

Internationally, the increased supply of Russian sunflower oil can help meet the rising global demand. As weather-related challenges impact palm oil production in certain regions, the availability of sunflower oil from Russia may offset potential shortages. This can stabilize prices and ensure a steady supply of edible oils for consumers worldwide.

Еhe Russian sunflower oil industry is on track to achieve a remarkable milestone in exports during the 2022/23 season. The record-high export volume and substantial carryover stocks signify the country’s strength in the global sunflower oil market. As the export trend continues to rise in the upcoming season, proactive measures must be taken to overcome challenges and capitalize on opportunities for sustained growth in the industry.

Tags: Agricultural ExportsGlobal Oil MarketRussian Oil IndustrySunflower Oil ExportsSupply Chain Optimization
Previous Post

Russia Extends Export Duties on Sunflower Seeds and Sunflower Oil to Protect Domestic Market

Next Post

Unseasonal Rains Spoil Onion Harvest in Nashik, Maharashtra: Consequences for Farmers and the Economy

Next Post
Unseasonal Rains Spoil Onion Harvest in Nashik, Maharashtra: Consequences for Farmers and the Economy

Unseasonal Rains Spoil Onion Harvest in Nashik, Maharashtra: Consequences for Farmers and the Economy

  • Home
  • Privacy Policy
  • Privacy Policy of vegetables.news app

© 2020-2024 VEGETABLES NEWS

No Result
View All Result
  • NEWS
  • AGROTECHNOLOGY
  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING

© 2020-2024 VEGETABLES NEWS