Price for Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan - 2022

Contents:

  1. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan (FOB) - 2022
  2. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan (CIF) - 2022
  3. Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan
  4. Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan (FOB) - 2022

The average export price for buckwheat, millet and canary seed; other cerealses stood at $511 per ton in 2022, waning by -13.3% against the previous year. Over the period under review, the export price, however, enjoyed a moderate expansion. The pace of growth was the most pronounced in 2015 an increase of 39%. Over the period under review, the average export prices attained the maximum at $589 per ton in 2021, and then dropped in the following year.

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 Japan ($804 per ton), while the average price for exports to Uzbekistan ($127 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan (CIF) - 2022

The average import price for buckwheat, millet and canary seed; other cerealses stood at $433 per ton in 2022, growing by 43% against the previous year. In general, the import price, however, recorded a deep slump. The import price peaked at $837 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +174.8% per year.

Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan

After three years of growth, shipments abroad of buckwheat, millet and canary seed; other cerealses decreased by -1.1% to 14K tons in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of 14K tons, and then fell modestly in the following year.

In value terms, exports of buckwheat, millet and canary seed; other cerealses shrank to $7M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 76%.

Export of Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine2,5434,0156,3222,5980.7%
LatviaN/AN/AN/A6480%
JapanN/AN/AN/A6470%
PolandN/A15138359899.0%
Turkey88.139269.546474.0%
SloveniaN/AN/A61.6393538.0%
LithuaniaN/AN/AN/A3880%
Afghanistan47.048.719126477.8%
Germany215564539200-2.4%
EstoniaN/AN/AN/A1670%
Uzbekistan7.0N/A76.6160183.8%
PakistanN/AN/A160118-26.2%
Others15920034434229.1%
Total3,0595,3718,1476,98731.7%

Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Kazakhstan in 2022:

  1. Ukraine (3.9K tons)
  2. Turkey (1.8K tons)
  3. Uzbekistan (1.3K tons)
  4. Afghanistan (1.2K tons)
  5. Poland (1.0K tons)
  6. Latvia (0.8K tons)
  7. Japan (0.8K tons)
  8. Pakistan (0.5K tons)
  9. Lithuania (0.5K tons)
  10. Slovenia (0.5K tons)
  11. Estonia (0.3K tons)
  12. Germany (0.3K tons)

Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan

In 2022, overseas purchases of buckwheat, millet and canary seed; other cerealses were finally on the rise to reach 6.7K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed moderate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of buckwheat, millet and canary seed; other cerealses soared to $2.9M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Buckwheat, Millet and Canary Seed; Other Cereals in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.31.40.92.930.7%
Others0.1N/A0.1N/A0.0%
Total1.41.41.02.927.5%

Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Kazakhstan in 2022:

  1. Russia (6.7K tons)

Source: IndexBox Market Intelligence Platform

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