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Kazakhstan's sunflower seed exports increased by 77% year-on-year

 Last Update: 2023-02-02
 Source: Internet
 Author: User

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Kazakhstan exported 223,000 tons of sunflower seeds from January to September this year, with an export value of $115 million, according to statistics from Kazakhstan's State Finance Commission, an increase of 77%
year-on-year in physical terms.
The average export price for the year rose 8.
8 percent to $
515.

From the beginning of 2023, the Ministry of Trade and Integration of Kazakhstan plans to impose an export tax of 20% on sunflower seeds and no less than 100 euros per ton
.
The Ha'atameken Entrepreneurs Federation does not support the introduction of this measure
.

Taking into account the higher risk of negative impact on domestic agricultural producers of this measure, the Atameken Entrepreneurs' Federation has proposed an alternative that sunflower exports should continue to be monitored until the end of the current year's production statistics and further TRQs
should be implemented.
That is, the total limit for the export of sunflowers is set before the end of the sales year, and beyond the limit, an export tax of 20% of the export value (contract value) can be levied, not less than $100 per ton
.

Earlier, the Ministry of Agriculture announced that with the implementation of export tariffs, there will be no more quantitative restrictions
on sunflower seed exports.

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