Starches; Inulin Price in Kazakhstan - 2021

Contents:

  1. Starches; Inulin Price in Kazakhstan (FOB) - 2022
  2. Starches; Inulin Price in Kazakhstan (CIF) - 2022
  3. Starches; Inulin Exports in Kazakhstan
  4. Starches; Inulin Imports in Kazakhstan

Starches; Inulin Price in Kazakhstan (FOB) - 2022

The average starches; inulin export price stood at $468 per ton in 2022, picking up by 33% against the previous year. In general, the export price, however, saw a noticeable contraction. Over the period under review, the average export prices attained the maximum at $597 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($540 per ton) and Kyrgyzstan ($492 per ton), while the average price for exports to Tajikistan ($405 per ton) and Uzbekistan ($448 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.5%), while the prices for the other major destinations experienced mixed trend patterns.

Starches; Inulin Price in Kazakhstan (CIF) - 2022

The average starches; inulin import price stood at $822 per ton in 2022, rising by 68% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($1,861 per ton), while the price for China ($694 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Starches; Inulin Exports in Kazakhstan

In 2022, overseas shipments of starches; inulins decreased by -8.6% to 20K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 144%. As a result, the exports attained the peak of 22K tons, and then reduced in the following year.

In value terms, starches; inulin exports soared to $9.4M in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 144%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Starches; Inulin in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan1.82.13.74.535.7%
Russia0.10.22.11.9166.8%
Tajikistan0.40.70.91.035.7%
KyrgyzstanN/A0.20.40.8100.0%
United StatesN/AN/A0.40.525.0%
AzerbaijanN/AN/AN/A0.20%
OthersN/AN/A0.30.433.3%
Total2.33.27.79.459.9%

Top Export Markets for Starches; Inulin from Kazakhstan in 2022:

  1. Uzbekistan (10.0K tons)
  2. Russia (3.6K tons)
  3. Tajikistan (2.5K tons)
  4. Kyrgyzstan (1.7K tons)
  5. United States (1.1K tons)
  6. Azerbaijan (0.3K tons)

Starches; Inulin Imports in Kazakhstan

In 2022, approx. 9.1K tons of starches; inulins were imported into Kazakhstan; remaining stable against 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9.8%.

In value terms, starches; inulin imports skyrocketed to $7.5M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Starches; Inulin in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2.62.33.24.620.9%
Poland1.11.00.51.715.6%
Belarus1.11.00.50.7-14.0%
China0.10.10.10.344.2%
Others0.20.10.20.20.0%
Total5.14.54.47.513.7%

Top Suppliers of Starches; Inulin to Kazakhstan in 2022:

  1. Russia (5.9K tons)
  2. Poland (2.1K tons)
  3. Belarus (0.6K tons)
  4. China (0.4K tons)

Source: IndexBox Market Intelligence Platform

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