Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan - 2022

Contents:

  1. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan (CIF) - 2022
  2. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan (FOB) - 2022
  3. Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan
  4. Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan (CIF) - 2022

In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,478 per ton, rising by 34% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $2,866 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,777 per ton), while the price for China ($457 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.6%), while the prices for the other major suppliers experienced a decline.

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan (FOB) - 2022

The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $1,945 per ton in 2022, surging by 25% against the previous year. Overall, the export price, however, saw a abrupt contraction. The export price peaked at $3,792 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mongolia ($4,865 per ton), while the average price for exports to Russia ($1,212 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 Uzbekistan (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan

For the third year in a row, Kazakhstan recorded decline in purchases abroad of soups and broths and preparations therefor; homogenised composite food preparationses, which decreased by -8.8% to 2.6K tons in 2022. In general, imports recorded a deep reduction. The smallest decline of -4% was in 2020.

In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses soared to $6.5M in 2022. Over the period under review, imports recorded a deep reduction.

Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.55.44.65.1-12.1%
South KoreaN/AN/AN/A0.50%
TurkeyN/AN/AN/A0.10%
China0.10.1N/A0.10.0%
Others0.41.10.70.720.5%
Total7.96.55.36.5-6.3%

Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Kazakhstan in 2022:

  1. Russia (2047.5 tons)
  2. China (211.7 tons)
  3. South Korea (175.9 tons)
  4. Turkey (56.5 tons)

Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan

In 2022, after three years of growth, there was significant decline in overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume decreased by -23.8% to 2.4K tons. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 56% against the previous year.

In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses contracted modestly to $4.6M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 27% against the previous year.

Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tajikistan1,1931,2901,7392,09620.7%
Uzbekistan1,3651,4141,8701,99613.5%
Kyrgyzstan43.517621026281.9%
Russia52.693.262.920156.3%
Turkmenistan4241,066950N/A49.7%
Others98.35.00.155.2-17.5%
Total3,1764,0454,8314,61013.2%

Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Kazakhstan in 2022:

  1. Uzbekistan (1049.0 tons)
  2. Tajikistan (1011.5 tons)
  3. Russia (166.2 tons)
  4. Kyrgyzstan (132.7 tons)

Source: IndexBox Market Intelligence Platform

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