Price for Food Preparations Not Elsewhere Specified or Included in Kazakhstan - 2022

Contents:

  1. Price for Food Preparations Not Elsewhere Specified or Included in Kazakhstan (CIF) - 2022
  2. Price for Food Preparations Not Elsewhere Specified or Included in Kazakhstan (FOB) - 2022
  3. Imports of Food Preparations Not Elsewhere Specified or Included in Kazakhstan
  4. Exports of Food Preparations Not Elsewhere Specified or Included in Kazakhstan

Price for Food Preparations Not Elsewhere Specified or Included in Kazakhstan (CIF) - 2022

The average import price for food preparations not elsewhere specified or included stood at $6,823 per ton in 2022, jumping by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. 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 the United States ($28,517 per ton), while the price for South Korea ($1,831 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Food Preparations Not Elsewhere Specified or Included in Kazakhstan (FOB) - 2022

The average export price for food preparations not elsewhere specified or included stood at $4,545 per ton in 2022, which is down by -48.9% against the previous year. Over the period under review, the export price showed a pronounced decrease. The pace of growth was the most pronounced in 2015 an increase of 128% against the previous year. As a result, the export price reached the peak level of $10,218 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mongolia ($8,901 per ton), while the average price for exports to Kyrgyzstan ($3,054 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 Mongolia (+20.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Food Preparations Not Elsewhere Specified or Included in Kazakhstan

For the fourth year in a row, Kazakhstan recorded growth in purchases abroad of food preparations not elsewhere specified or included, which increased by 7.1% to 34K tons in 2022. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of food preparations not elsewhere specified or included surged to $233M in 2022. The total import value increased at an average annual rate of +13.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Food Preparations Not Elsewhere Specified or Included in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia68.969.774.810314.3%
United States13.425.824.624.321.9%
Germany6.114.810.013.430.0%
China6.05.17.912.728.4%
France8.38.67.211.09.8%
Italy8.58.08.310.15.9%
Turkey2.71.73.96.433.3%
South Korea7.55.15.85.4-10.4%
Lithuania3.94.23.74.11.7%
Belarus0.91.91.53.861.6%
Ireland1.01.01.71.719.3%
Others31.432.933.036.95.5%
Total15917918223313.6%

Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Kazakhstan in 2022:

  1. Russia (18.3K tons)
  2. China (3.1K tons)
  3. South Korea (3.0K tons)
  4. Germany (1.8K tons)
  5. Belarus (1.4K tons)
  6. United States (0.9K tons)
  7. Lithuania (0.8K tons)
  8. France (0.8K tons)
  9. Turkey (0.7K tons)
  10. Italy (0.6K tons)
  11. Ireland (0.5K tons)

Exports of Food Preparations Not Elsewhere Specified or Included in Kazakhstan

In 2022, the amount of food preparations not elsewhere specified or included exported from Kazakhstan soared to 3.9K tons, with an increase of 280% compared with 2021. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of food preparations not elsewhere specified or included soared to $18M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Food Preparations Not Elsewhere Specified or Included in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.51.31.610.745.1%
Kyrgyzstan4.32.83.23.9-3.2%
Uzbekistan1.00.70.90.8-7.2%
MongoliaN/AN/A0.10.7600.0%
TajikistanN/AN/AN/A0.30%
Others1.32.73.41.54.9%
Total10.17.69.217.921.0%

Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Kazakhstan in 2022:

  1. Russia (2410.6 tons)
  2. Kyrgyzstan (1281.5 tons)
  3. Mongolia (80.4 tons)
  4. Tajikistan (71.2 tons)
  5. Uzbekistan (32.8 tons)

Source: IndexBox Market Intelligence Platform

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