Price for Cereals; Maize (Corn), Other than Seed in Kazakhstan - 2022

Contents:

  1. Price for Cereals; Maize (Corn), Other than Seed in Kazakhstan (FOB) - 2022
  2. Price for Cereals; Maize (Corn), Other than Seed in Kazakhstan (CIF) - 2022
  3. Exports of Cereals; Maize (Corn), Other than Seed in Kazakhstan
  4. Imports of Cereals; Maize (Corn), Other than Seed in Kazakhstan

Price for Cereals; Maize (Corn), Other than Seed in Kazakhstan (FOB) - 2022

In 2022, the average export price for cereals; maize (corn), other than seeds amounted to $304 per ton, picking up by 20% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereals; maize (corn), other than seeds increased by +103.9% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($306 per ton), while the average price for exports to Uzbekistan stood at $301 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+3.9%).

Price for Cereals; Maize (Corn), Other than Seed in Kazakhstan (CIF) - 2022

In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $236 per ton, declining by -11.9% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 37% against the previous year. The import price peaked at $858 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Russia amounted to -12.3% per year.

Exports of Cereals; Maize (Corn), Other than Seed in Kazakhstan

In 2022, exports of cereals; maize (corn), other than seeds from Kazakhstan reduced to 78K tons, shrinking by -9.1% compared with the year before. Overall, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 26%.

In value terms, exports of cereals; maize (corn), other than seeds amounted to $24M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +54.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Cereals; Maize (Corn), Other than Seed in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan15.513.614.511.8-8.7%
Tajikistan0.21.66.111.4284.9%
Others0.70.11.20.6-5.0%
Total16.315.421.823.813.4%

Top Export Markets for Cereals; Maize (Corn), Other than Seed from Kazakhstan in 2022:

  1. Uzbekistan (39.2K tons)
  2. Tajikistan (37.1K tons)

Imports of Cereals; Maize (Corn), Other than Seed in Kazakhstan

In 2022, overseas purchases of cereals; maize (corn), other than seeds increased by 93% to 8K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereals; maize (corn), other than seeds surged to $1.9M in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereals; Maize (Corn), Other than Seed in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.91.01.11.826.0%
OthersN/AN/AN/A0.10%
Total0.91.01.11.928.3%

Top Suppliers of Cereals; Maize (Corn), Other than Seed to Kazakhstan in 2022:

  1. Russia (7.9K tons)

Source: IndexBox Market Intelligence Platform

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