Trade4go Summary
Production of oilseed cakes and meals in Russia has seen a significant increase over the past decade, with a 2.1 times rise in 10 years, reaching 14.62 thousand tons in 2024, an 8.7% increase from the previous year. This growth is primarily due to the increased raw material supply for oilseed processing and the production of sunflower and soybean meal, which increased by 19% and 3% respectively. The total export of plant meals for the first five months of the current season was 1.57 million tons.
Original content
Over the past 10 years, it has increased by 2.1 times In 2024, the production volume of cakes and meals of all types of oilseeds (cakes and other solid residues obtained during the extraction of vegetable fats and oils) in the Russian Federation, according to Rosstat, amounted to 14.62 thousand tons. This is 8.7% (1,171 thousand tons) more than in 2023. Over 5 years, production increased by 60.4% (by 5,502.2 thousand tons), over 10 years - by 2.1 times (by 7,762.9 thousand tons). In particular, in December 2024, the production volume of cakes and meals of all types of oilseeds was at 1,351.1 thousand tons, which is 4.4% (57.1 thousand tons) more than in December 2023, according to AB-Center. Cakes and meals are largely a by-product of oilseed processing, however, they form an entire market for products that are indispensable for the livestock industry (cakes and meals are used as feed). In recent years, the raw material supply of the oilseed processing industry has increased ...