Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan - 2022

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan (CIF) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan (FOB) - 2022
  3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan
  4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $843 per ton in 2022, rising by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2014 an increase of 31%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,162 per ton), while the price for Russia totaled $650 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan (FOB) - 2022

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $480 per ton in 2022, falling by -7.8% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 56%. The export price peaked at $2,434 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($481 per ton), while the average price for exports to Kyrgyzstan stood at $442 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (-8.9%).

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) imported into Kazakhstan surged to 443 tons, picking up by 249% on the previous year. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $373K in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States40.844.219.019468.2%
Russia10.144.034.9179160.7%
Ukraine17.152.536.4N/A45.9%
Others0.30.90.7N/A52.8%
Total68.314291.137376.1%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Kazakhstan in 2022:

  1. Russia (275.9 tons)
  2. United States (166.9 tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) exported from Kazakhstan rose to 41 tons, picking up by 4.1% compared with 2021 figures. In general, total exports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 91%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) contracted modestly to $20K in 2022. Over the period under review, exports, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of 134% against the previous year.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia14.30.720.319.210.3%
Kyrgyzstan7.7N/A0.30.5-59.8%
TurkmenistanN/A8.1N/AN/A0%
OthersN/AN/AN/A0.10%
Total22.08.820.619.8-3.5%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Kazakhstan in 2022:

  1. Russia (40.0 tons)
  2. Kyrgyzstan (1.0 tons)

Source: IndexBox Market Intelligence Platform

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