Spices; Saffron Price in Kazakhstan - 2021
Contents:
- Spices; Saffron Price in Kazakhstan (CIF) - 2022
- Spices; Saffron Price in Kazakhstan (FOB) - 2022
- Spices; Saffron Imports in Kazakhstan
- Spices; Saffron Exports in Kazakhstan
Spices; Saffron Price in Kazakhstan (CIF) - 2022
In 2022, the average spices; saffron import price amounted to $44,692 per ton, falling by -17.1% against the previous year. Overall, the import price, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 154% against the previous year. As a result, import price attained the peak level of $98,255 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($345,133 per ton), while the price for Russia totaled $30,938 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.1%).
Spices; Saffron Price in Kazakhstan (FOB) - 2022
The average spices; saffron export price stood at $1,000 per ton in 2021, standing approx. at the previous year. In general, the export price saw a sharp shrinkage. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9%. The export price peaked at $20,000 per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2019 to 2021, the rate of growth in terms of prices for Russia amounted to 0.0% per year.
Spices; Saffron Imports in Kazakhstan
In 2022, supplies from abroad of spices; saffra was finally on the rise to reach 341 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp downturn.
In value terms, spices; saffron imports dropped to $15K in 2022. Overall, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 81%.
| Import of Spices; Saffron in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 11.0 | 6.3 | 7.2 | 10.1 | -2.8% |
| Spain | 0.2 | 0.3 | 0.8 | 5.2 | 196.2% |
| Afghanistan | 7.3 | N/A | 6.0 | N/A | -9.3% |
| Others | 2.3 | 2.2 | 1.8 | N/A | -11.5% |
| Total | 20.8 | 8.8 | 15.9 | 15.2 | -9.9% |
Top Suppliers of Spices; Saffron to Kazakhstan in 2022:
- Russia (325.0 kg)
- Spain (15.0 kg)
Spices; Saffron Exports in Kazakhstan
In 2021, approx. 1 kg of spices; saffra were exported from Kazakhstan; almost unchanged from the previous year's figure. Overall, exports recorded a precipitous setback. The smallest decline of 99.9% was in 2020.
In value terms, spices; saffron exports totaled $1 in 2021. In general, exports recorded a sharp reduction. The smallest decline of 99.9% was in 2020.
| Export of Spices; Saffron in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Russia | N/A | N/A | N/A | 0% | |
| China | 28.2 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 28.2 | N/A | N/A | 0% | |
Top Export Markets for Spices; Saffron from Kazakhstan in 2022:
- Russia (1.0 kg)
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