Price for Protein; Concentrates and Textured Protein Substances in Kazakhstan - 2024

Contents:

  1. Price for Protein; Concentrates and Textured Protein Substances in Kazakhstan (CIF) - 2024
  2. Price for Protein; Concentrates and Textured Protein Substances in Kazakhstan (FOB) - 2022
  3. Imports of Protein; Concentrates and Textured Protein Substances in Kazakhstan
  4. Exports of Protein; Concentrates and Textured Protein Substances in Kazakhstan

Price for Protein; Concentrates and Textured Protein Substances in Kazakhstan (CIF) - 2024

In February 2024, the average import price for protein; concentrates and textured protein substanceses amounted to $3,320 per ton, rising by 171% against the previous month. Over the period under review, the import price continues to indicate slight growth. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 177% m-o-m. The import price peaked at $5,548 per ton in April 2023; however, from May 2023 to February 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Italy ($19,064 per ton), while the price for Gambia ($1,040 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Protein; Concentrates and Textured Protein Substances in Kazakhstan (FOB) - 2022

In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $9,047 per ton, growing by 328% against the previous year. Overall, the export price recorded a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($15,326 per ton), while the average price for exports to Uzbekistan ($1,108 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 Russia (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Protein; Concentrates and Textured Protein Substances in Kazakhstan

In 2022, the amount of protein; concentrates and textured protein substanceses imported into Kazakhstan rose sharply to 3.4K tons, picking up by 10% on the previous year. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 33%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of protein; concentrates and textured protein substanceses skyrocketed to $9.4M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Protein; Concentrates and Textured Protein Substances in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.10.71.43.445.7%
France0.52.41.73.285.7%
Russia0.50.81.61.647.4%
Italy0.40.50.40.931.0%
Germany0.1N/AN/A0.10.0%
South Korea1.30.40.3N/A-52.0%
Others0.30.51.20.2-12.6%
Total4.25.46.79.430.8%

Top Suppliers of Protein; Concentrates and Textured Protein Substances to Kazakhstan in 2022:

  1. China (1995.4 tons)
  2. Russia (956.3 tons)
  3. France (238.1 tons)
  4. Italy (92.5 tons)
  5. Germany (65.2 tons)

Exports of Protein; Concentrates and Textured Protein Substances in Kazakhstan

In 2022, the amount of protein; concentrates and textured protein substanceses exported from Kazakhstan surged to 144 tons, rising by 377% on the previous year. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of protein; concentrates and textured protein substanceses surged to $1.3M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Protein; Concentrates and Textured Protein Substances in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.00.74.51,015425.4%
Kyrgyzstan6.223.545.2114163.9%
FranceN/AN/AN/A1090%
Uzbekistan17.87.46.343.935.1%
China1.82.12.6N/A20.2%
Others3.62.95.118.071.0%
Total36.536.763.61,299228.9%

Top Export Markets for Protein; Concentrates and Textured Protein Substances from Kazakhstan in 2022:

  1. Russia (66.2 tons)
  2. Uzbekistan (39.6 tons)
  3. Kyrgyzstan (28.0 tons)
  4. France (8.5 tons)

Source: IndexBox Market Intelligence Platform

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