Report Update: Apr 1, 2024

Kazakhstan - Crude Rape, Colza Or Mustard Oil - Market Analysis, Forecast, Size, Trends And Insights

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Crude Rapeseed Oil Price in Kazakhstan - 2021

Crude Rapeseed Oil Price in Kazakhstan (FOB) - 2022

In 2022, the average crude rapeseed oil export price amounted to $1,260 per ton, increasing by 9.9% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crude rapeseed oil export price increased by +72.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 32%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($1,660 per ton), while the average price for exports to Uzbekistan ($455 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 China (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Crude Rapeseed Oil Price in Kazakhstan (CIF) - 2022

In 2022, the average crude rapeseed oil import price amounted to $1,220 per ton, surging by 36% against the previous year. In general, the import price saw a tangible increase. The most prominent rate of growth was recorded in 2013 an increase of 286% against the previous year. As a result, import price reached the peak level of $3,387 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,250 per ton), while the price for Russia totaled $935 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.5%).

Crude Rapeseed Oil Exports in Kazakhstan

In 2022, after two years of decline, there was significant growth in shipments abroad of crude rape, colza or mustard oil, when their volume increased by 83% to 47K tons. Over the period under review, exports, however, continue to indicate a abrupt slump.

In value terms, crude rapeseed oil exports skyrocketed to $59M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Crude Rapeseed Oil in Kazakhstan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	42.5	37.0	22.5	45.0	1.9%
Tajikistan	0.2	0.2	0.4	8.1	243.4%
Latvia	N/A	N/A	N/A	5.1	0%
Uzbekistan	N/A	N/A	N/A	0.7	0%
Iran	1.0	2.0	5.7	N/A	138.7%
Others	0.4	0.3	0.9	N/A	50.0%
Total	44.1	39.6	29.4	59.0	10.2%

Top Export Markets for Crude Rapeseed Oil from Kazakhstan in 2022:

China (32.2K tons)
Tajikistan (9.9K tons)
Latvia (3.0K tons)
Uzbekistan (1.6K tons)

Crude Rapeseed Oil Imports in Kazakhstan

In 2022, overseas purchases of crude rape, colza or mustard oil decreased by -86.1% to 294 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a precipitous contraction. The growth pace was the most rapid in 2020 when imports increased by 29% against the previous year. As a result, imports reached the peak of 3.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, crude rapeseed oil imports fell dramatically to $359K in 2022. In general, imports saw a dramatic slump. The growth pace was the most rapid in 2020 when imports increased by 46%. As a result, imports attained the peak of $3.5M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Crude Rapeseed Oil in Kazakhstan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	N/A	3.2	N/A	0.3	-69.4%
Russia	2.3	0.1	1.8	N/A	-11.5%
Others	N/A	0.1	0.1	N/A	0.0%
Total	2.4	3.5	1.9	0.4	-45.0%

Top Suppliers of Crude Rapeseed Oil to Kazakhstan in 2022:

China (260.7 tons)
Russia (31.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crude rapeseed oil market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 271 - Oil of Rapeseed or Canola oil

Country coverage:

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023