Liqueurs and Cordials Price in Kazakhstan - 2022

Liqueurs and Cordials Price in Kazakhstan (CIF) - 2022

The average liqueurs and cordials import price stood at $4.7 per litre in 2022, declining by -2.6% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $6.9 per litre. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7.7 per litre), while the price for South Korea ($0.6 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Liqueurs and Cordials Price in Kazakhstan (FOB) - 2022

In 2022, the average liqueurs and cordials export price amounted to $12 per litre, therefore, remained relatively stable against the previous year. In general, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 77% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +19.3% per year.

Liqueurs and Cordials Imports in Kazakhstan

Liqueurs and cordials imports into Kazakhstan skyrocketed to 824K litres in 2022, growing by 26% on the previous year's figure. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, liqueurs and cordials imports soared to $3.9M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 61%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Liqueurs and Cordials in Kazakhstan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	443	294	408	717	17.4%
Italy	308	187	397	701	31.5%
United States	81.9	48.5	131	523	85.5%
Belgium	149	88.6	30.7	497	49.4%
Ireland	72.9	208	443	474	86.6%
Netherlands	142	80.3	137	284	26.0%
Spain	44.9	85.8	92.0	171	56.2%
Belarus	25.3	60.8	32.5	109	62.7%
Czech Republic	43.8	36.1	41.9	90.3	27.3%
Russia	56.1	16.1	23.8	79.9	12.5%
South Korea	9.6	7.7	8.6	8.9	-2.5%
Moldova	17.8	11.4	26.1	N/A	21.1%
Ukraine	54.7	34.1	27.5	N/A	-29.1%
Others	1,210	815	1,380	245	-41.3%
Total	2,658	1,973	3,179	3,901	13.6%

Top Suppliers of Liqueurs and Cordials to Kazakhstan in 2022:

Germany (165.4K litres)
Italy (155.0K litres)
Belarus (72.3K litres)
Ireland (70.1K litres)
Netherlands (69.8K litres)
United States (68.3K litres)
Belgium (65.1K litres)
Spain (41.2K litres)
Czech Republic (32.3K litres)
Russia (23.9K litres)
South Korea (15.2K litres)

Liqueurs and Cordials Exports in Kazakhstan

For the third consecutive year, Kazakhstan recorded decline in overseas shipments of liqueurs and cordialses, which decreased by 0% to 116 litres in 2022. Overall, exports recorded a sharp reduction. The smallest decline of -42.9% was in 2020. Over the period under review, the exports attained the peak figure at 345 litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, liqueurs and cordials exports amounted to $1.4K in 2022. Over the period under review, exports faced a precipitous curtailment. The smallest decline of -31.2% was in 2020. Over the period under review, the exports reached the maximum at $2.7K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.