Cereals; Millet, Seed Price in Kazakhstan - 2022
Contents:
- Cereals; Millet, Seed Price in Kazakhstan (CIF) - 2022
- Cereals; Millet, Seed Price in Kazakhstan (FOB) - 2022
- Cereals; Millet, Seed Imports in Kazakhstan
- Cereals; Millet, Seed Exports in Kazakhstan
Cereals; Millet, Seed Price in Kazakhstan (CIF) - 2022
The average cereals; millet, seed import price stood at $458 per ton in 2022, with an increase of 36% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; millet, seed import price increased by +67.0% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 51% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($567 per ton), while the price for Ukraine amounted to $347 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Cereals; Millet, Seed Price in Kazakhstan (FOB) - 2022
The average cereals; millet, seed export price stood at $441 per ton in 2022, surging by 27% against the previous year. In general, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 211%. Over the period under review, the average export prices reached the peak figure at $569 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($451 per ton), while the average price for exports to Russia stood at $241 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.8%).
Cereals; Millet, Seed Imports in Kazakhstan
In 2022, purchases abroad of cereals; millet, seeds decreased by -18.8% to 35 tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 169% against the previous year. As a result, imports reached the peak of 129 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; millet, seed imports expanded sharply to $16K in 2022. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year. As a result, imports attained the peak of $35K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cereals; Millet, Seed in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 7.1 | 30.7 | 0.6 | 9.9 | 11.7% |
| Ukraine | 2.8 | 4.7 | 1.0 | 5.9 | 28.2% |
| United States | 2.7 | N/A | 11.5 | N/A | 106.4% |
| Pakistan | 6.5 | N/A | 1.3 | N/A | -55.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.1 | 35.5 | 14.4 | 15.9 | -5.9% |
Top Suppliers of Cereals; Millet, Seed to Kazakhstan in 2022:
- Russia (17.5 tons)
- Ukraine (17.1 tons)
Cereals; Millet, Seed Exports in Kazakhstan
In 2022, approx. 51 tons of cereals; millet, seeds were exported from Kazakhstan; which is down by -22.6% compared with the year before. Overall, exports recorded a significant contraction.
In value terms, cereals; millet, seed exports fell modestly to $23K in 2022. In general, exports recorded a dramatic contraction. The smallest decline of -1.8% was in 2021.
| Export of Cereals; Millet, Seed in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | N/A | N/A | N/A | 21.9 | 0% |
| Russia | 1.0 | 23.3 | 11.5 | 0.6 | -15.7% |
| Tajikistan | 5.7 | N/A | N/A | N/A | 0% |
| Iran | 39.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 11.5 | N/A | 0% |
| Total | 45.9 | 23.3 | 22.9 | 22.5 | -21.2% |
Top Export Markets for Cereals; Millet, Seed from Kazakhstan in 2022:
- Maldives (48.6 tons)
- Russia (2.4 tons)
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