Price for Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan - 2022
Contents:
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan (CIF) - 2022
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan (FOB) - 2022
- Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan
- Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan (CIF) - 2022
In 2022, the average import price for spices; mixtures of 2 or more products of the same heading amounted to $1,010 per ton, shrinking by -54.3% against the previous year. Overall, the import price showed a drastic downturn. The growth pace was the most rapid in 2021 when the average import price increased by 30% against the previous year. The import price peaked at $2,435 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($4,307 per ton), while the price for Tajikistan ($38 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan (FOB) - 2022
In 2022, the average export price for spices; mixtures of 2 or more products of the same heading amounted to $3,142 per ton, surging by 35% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for spices; mixtures of 2 or more products of the same heading increased by +84.7% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 59%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($3,141 per ton), while the average price for exports to Belarus totaled $3,097 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan
In 2022, imports of spices; mixtures of 2 or more products of the same heading into Kazakhstan soared to 1.8K tons, surging by 146% against 2021. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; mixtures of 2 or more products of the same heading rose markedly to $1.8M in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 96% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 441 | 923 | 1,030 | 1,121 | 36.5% |
| Georgia | 168 | 373 | 189 | 153 | -3.1% |
| Vietnam | N/A | N/A | N/A | 74.1 | 0% |
| Afghanistan | N/A | N/A | N/A | 65.3 | 0% |
| Tajikistan | 1.2 | 0.6 | 9.9 | 43.3 | 230.4% |
| China | 14.0 | 5.7 | 8.3 | 39.7 | 41.5% |
| Others | 156 | 226 | 349 | 285 | 22.2% |
| Total | 781 | 1,528 | 1,587 | 1,781 | 31.6% |
Top Suppliers of Spices; Mixtures of 2 or More Products of the Same Heading to Kazakhstan in 2022:
- Tajikistan (1139.6 tons)
- Russia (260.2 tons)
- Vietnam (92.8 tons)
- Georgia (91.6 tons)
- China (58.6 tons)
- Afghanistan (53.9 tons)
Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan
In 2022, the amount of spices; mixtures of 2 or more products of the same heading exported from Kazakhstan skyrocketed to 403 tons, with an increase of 30% on 2021 figures. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 303% against the previous year. Over the period under review, the exports of spices; mixtures of 2 or more products of same heading hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of spices; mixtures of 2 or more products of the same heading skyrocketed to $1.3M in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 462%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Spices; Mixtures of 2 or More Products of the Same Heading in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 97.2 | 662 | 679 | 1,198 | 131.0% |
| Belarus | 0.1 | 0.1 | N/A | 65.4 | 768.0% |
| Georgia | 26.7 | 36.8 | 44.0 | N/A | 28.4% |
| Others | 0.4 | 0.3 | 1.2 | 2.2 | 76.5% |
| Total | 124 | 699 | 724 | 1,266 | 116.9% |
Top Export Markets for Spices; Mixtures of 2 or More Products of the Same Heading from Kazakhstan in 2022:
- Russia (381.5 tons)
- Belarus (21.1 tons)
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