Price for Cereal Flour; of Maize (Corn) in Kazakhstan - 2021

Contents:

1. Price for Cereal Flour; of Maize (Corn) in Kazakhstan (CIF) - 2022
2. Price for Cereal Flour; of Maize (Corn) in Kazakhstan (FOB) - 2022
3. Imports of Cereal Flour; of Maize (Corn) in Kazakhstan
4. Exports of Cereal Flour; of Maize (Corn) in Kazakhstan

Price for Cereal Flour; of Maize (Corn) in Kazakhstan (CIF) - 2022

In 2022, the average import price for cereal flour; of maize (corn) amounted to $287 per ton, declining by -39% against the previous year. In general, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 32% against the previous year. Over the period under review, average import prices attained the maximum at $593 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to -1.4% per year.

Price for Cereal Flour; of Maize (Corn) in Kazakhstan (FOB) - 2022

In 2022, the average export price for cereal flour; of maize (corn) amounted to $900 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price saw significant growth. The growth pace was the most rapid in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the maximum 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 Uzbekistan.

From 2019 to 2022, the rate of growth in terms of prices for Russia amounted to 0.0% per year.

Imports of Cereal Flour; of Maize (Corn) in Kazakhstan

In 2022, imports of cereal flour; of maize (corn) into Kazakhstan surged to 829 tons, rising by 90% compared with 2021. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 119% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cereal flour; of maize (corn) imports skyrocketed to $238K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 82%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Cereal Flour; of Maize (Corn) to Kazakhstan in 2022:

1. Russia (822.8 tons)

Exports of Cereal Flour; of Maize (Corn) in Kazakhstan

In 2022, overseas shipments of cereal flour; of maize (corn) decreased by 0% to 3 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a sharp decline. The smallest decline of 99.9% was in 2020.

In value terms, cereal flour; of maize (corn) exports totaled $2.7K in 2022. Over the period under review, exports recorded a sharp reduction. The smallest decline of 99.9% was in 2020.

Top Export Markets for Cereal Flour; of Maize (Corn) from Kazakhstan in 2022:

1. Uzbekistan (3.0 tons)

Source: IndexBox Market Intelligence Platform