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Imports of palm oil in Russia grew by 19%

Imports of palm oil in Russia due to EU bans and low world prices rose by 19%, despite the critical attitude towards it by the WHO and the Ministry of Agriculture of the Russian Federation, which is soon ready to ban the use of palm oil in the food industry (from confectionery to butter), imposing ever more stringent packaging and merchandising requirements from 2018.

 

The volume of palm oil imports in 2018 exceeded 1 million tons. These data were confirmed on February 6, 2019 by the Federal Customs Service (FCS), which presented a sample of imports of the most important goods from January to December 2018: for the year, 1,059.7 thousand tons of 'palm' were shipped to Russia for $ 748.4 million. Palm oil ranks 16th in terms of import volumes, yielding only apples (1.1 million tons), bananas (1.5 million tons), citrus fruits (1.6 million tons) and soybeans (2 , 2 million tons). At the same time, the import of palm oil into the country since 2015 has grown by about 6-7% per year.

 

Based on agroxxi.ru.

  • Omsky Biocluster Press Service
  • 18 February 2019