Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan - 2022

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan (CIF) - 2022
  2. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan (FOB) - 2022
  3. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan
  4. Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan (CIF) - 2022

The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $5,822 per ton in 2022, shrinking by -18.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2013 an increase of 41%. The import price peaked at $19,376 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Belarus ($29,911 per ton), while the price for Russia ($2,157 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+36.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan (FOB) - 2022

In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $5,390 per ton, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2013 an increase of 27%. The export price peaked at $5,421 per ton in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +3.2% per year.

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan

In 2022, after three years of growth, there was significant decline in purchases abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s, when their volume decreased by -7.4% to 197 tons. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 84%.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s reduced markedly to $1.1M in 2022. Overall, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 91%.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom42599095462914.0%
Russia56.660.619229473.2%
BelarusN/A63.416496.023.1%
United States71.131.746.775.01.8%
Sweden74.574.373.3N/A-0.8%
Others37.850.987.850.29.9%
Total6651,2711,5181,14419.8%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Kazakhstan in 2022:

  1. Russia (136.2 tons)
  2. United Kingdom (48.1 tons)
  3. United States (5.7 tons)
  4. Belarus (3.2 tons)

Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan

In 2022, approx. 10 tons of fats and oils and their fractions; of fish, (excluding liver-oils)s were exported from Kazakhstan; growing by 36% compared with 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 333% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $55K in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 401%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kyrgyzstan26.38.137.954.327.3%
OthersN/AN/A2.70.8-70.4%
Total26.38.140.655.128.0%

Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Kazakhstan in 2022:

  1. Kyrgyzstan (10.2 tons)

Source: IndexBox Market Intelligence Platform

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