Open AccessOilseed market: global trends
Author(s) -
Lyubov Vinnichek,
É. V. Pogorelova,
A. Dergunov
Publication year - 2019
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/274/1/012030
Subject(s) - production (economics) , world market , business , food market , raw material , agricultural economics , agriculture , economics , agricultural science , international trade , environmental science , biology , ecology , macroeconomics
According to FAO estimates, the world food products markets still remain fairly balanced, which is due to sufficient stocks of wheat and corn and the recovery of oilseeds production. The value of oilseeds in the national economy is almost impossible to overestimate, since their food and non-food role in the world is constantly increasing. Vegetable oils obtained from oilseeds form the basis of human nutrition, they are widely used in various types of industry. The increasing role of oilseeds is also due to their use as a raw material for the production of biodiesel. The paper additionally considers the specificity of the market oilseeds. The main regions are the producers of individual oilseeds and major oilseeds in the world. The analysis of the production of major oilseeds, their production structure and global trends, which allowed to determine the main factors influencing the market of oilseeds. The composition of the countries-exporters and importers in the market of oil seeds and their share is given. The vector in the development of the world oilseed market and the role of alternative oilseeds on it are also reviewed in the paper.