Copra Price in Kazakhstan - 2022
Contents:
- Copra Price in Kazakhstan (FOB) - 2022
- Copra Price in Kazakhstan (CIF) - 2022
- Copra Exports in Kazakhstan
- Copra Imports in Kazakhstan
Copra Price in Kazakhstan (FOB) - 2022
The average copra export price stood at $3,243 per ton in 2020, reducing by -36.6% against the previous year. In general, the export price faced a significant decrease. Over the period under review, the average export prices attained the peak figure at $5,112 per ton in 2019, and then contracted rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2019 to 2020, the rate of growth in terms of prices for Russia amounted to -36.6% per year.
Copra Price in Kazakhstan (CIF) - 2022
The average copra import price stood at $7,070 per ton in 2022, with a decrease of -2% against the previous year. Over the period under review, the import price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 67%. Over the period under review, average import prices hit record highs at $7,215 per ton in 2021, and then contracted slightly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +21.4% per year.
Copra Exports in Kazakhstan
In 2022, overseas shipments of copras decreased by 0% to less than 0.1 kg, falling for the second consecutive year after two years of growth. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 335%. As a result, the exports attained the peak of 1.7 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, copra exports reduced to $6.3K in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 176% against the previous year.
| Export of Copra in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Russia | 2.1 | 5.7 | 171.4% | ||
| Others | N/A | N/A | 0% | ||
| Total | 2.1 | 5.7 | 171.4% | ||
Top Export Markets for Copra from Kazakhstan in 2022:
- Russia (1.7 tons)
Copra Imports in Kazakhstan
In 2022, overseas purchases of copras increased by 13% to 486 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a drastic downturn.
In value terms, copra imports rose remarkably to $3.4K in 2022. In general, imports, however, continue to indicate a abrupt setback.
| Import of Copra in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 4.5 | 3.8 | 3.1 | 3.4 | -8.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.5 | 3.8 | 3.1 | 3.4 | -8.9% |
Top Suppliers of Copra to Kazakhstan in 2022:
- Vietnam (486.0 kg)
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