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Russia is imported about 1 million tons of palm oil per year. In the last five years the imports of “palm” in the country added an average of 2.5%. But it is much less in comparison with the previous five-year period, when annual growth was 10.5%. While palm oil is actively displacing traditional sunflower, says the study Centre agrobaltika under the Ministry of agriculture (has “RG”).

However, from 1 October 2019 in Russia were increased VAT rate for palm oil from 10% to 20%. The Federal budget expects to receive from this additional 4.5-5 billion annually. In addition, a doubling of VAT on this product should result in decreased imports, which will increase the quality of domestic food products.

Formally, the rate increase is justified, said Rudolf Bulavin, head of the plant Centre agrobaltika. According to preliminary data Federal customs service, from 1 October 2019 to 30 June 2020, the import of palm oil amounted to 777,3 thousand tonnes and was by 8.1% lower than in the same period 2018-2019. For the year additional income can exceed 5.3 billion rubles, calculates the expert. “This is primarily due to higher prices for palm oil on the world market and the depreciation of the ruble,” he explains.

From palm oil has its own advantages and disadvantages, experts say the Centre agrobaltika.

With one hand, palm oil like any vegetable fat consists of triglycerides of fatty acids. It is inferior olive, sunflower, and soy oils content useful for the body of unsaturated fats. The digestibility of palm oil by the human body lower than the other vegetable oils, but higher than that of milk fat.

on the other hand, palm oil lacks TRANS fats, which are, for example, in butter. In 2018, their share of fat and oil products shall not exceed 2%. A large number of them contained in gidrogenizirovanii (cured) sunflower-seed oil, which was used for the production of Margarines and special. And palm oil in its natural form already semi-hard. Crude palm oil is superior to sunflower for vitamin E. due to its high content of palmitic acid “palm” is widely used in the manufacture of baby formula.

Also, the popularity of palm oil is linked with an affordable price: the world market it is cheaper than other vegetable oils by 10 to 40%.

the bulk of the consumption of palm oil in Russia is the manufacture (about 30%) and bakery (15%), the products fast food, chips, food concentrates (25%), milk products (13%), consumer Margarines and spreads (3%).

the Structure of consumption of vegetable oils in Russia is not much Itsya in the next few years, conclude in the Center of agrobaltika. If the world the palm a long time for the “palm tree”, in Russia it takes the second place with a big gap from a traditional sunflower, and in the foreseeable future it will remain so.

“While maintaining the number and income of domestic consumption of the product in production which use palm oil, has weak prospects for growth,” – said Rudolf Bulavin, the growth of imports of palm oil will be associated primarily with a potential increase of export of the Russian confectionery, bakery products, modified fats and oils.