Price for Cereals; Millet, Other than Seed in Kazakhstan - 2022

Contents:

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

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

The average export price for cereals; millet, other than seeds stood at $233 per ton in 2022, which is down by -27.8% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 78% against the previous year. As a result, the export price attained the peak level of $373 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($368 per ton), while the average price for exports to Uzbekistan ($119 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 Russia (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for cereals; millet, other than seeds amounted to $193 per ton, with an increase of 4.5% against the previous year. Over the period under review, the import price, however, faced a deep downturn. The growth pace was the most rapid in 2019 when the average import price increased by 76%. The import price peaked at $581 per ton in 2012; however, from 2013 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 Russia amounted to -10.3% per year.

Exports of Cereals; Millet, Other than Seed in Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in shipments abroad of cereals; millet, other than seeds, which increased by 25% to 4.8K tons in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 169% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cereals; millet, other than seed exports reduced to $1.1M in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 155% against the previous year.

Export of Cereals; Millet, Other than Seed in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey29.074.540.4379135.5%
Uzbekistan2.119.044.5135300.6%
Afghanistan15.522.3111128102.1%
PakistanN/AN/A93.011826.9%
Germany70.625831310012.3%
Poland54.764.141.975.511.3%
LithuaniaN/AN/AN/A48.50%
CanadaN/AN/AN/A35.20%
Iran69.3113170N/A56.6%
Others12137241690.5-9.2%
Total3629231,2301,11045.3%

Top Export Markets for Cereals; Millet, Other than Seed from Kazakhstan in 2022:

  1. Turkey (1694.0 tons)
  2. Uzbekistan (1132.0 tons)
  3. Afghanistan (476.0 tons)
  4. Pakistan (476.0 tons)
  5. Poland (223.2 tons)
  6. Canada (176.0 tons)
  7. Lithuania (132.0 tons)
  8. Germany (101.0 tons)

Imports of Cereals; Millet, Other than Seed in Kazakhstan

In 2022, the amount of cereals; millet, other than seeds imported into Kazakhstan soared to 438 tons, increasing by 462% on the year before. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereals; millet, other than seed imports skyrocketed to $85K in 2022. Overall, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereals; Millet, Other than Seed in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia53.411.112.584.716.6%
PakistanN/A1.62.0N/A25.0%
OthersN/AN/AN/AN/A0%
Total53.412.714.484.716.6%

Top Suppliers of Cereals; Millet, Other than Seed to Kazakhstan in 2022:

  1. Russia (437.8 tons)

Source: IndexBox Market Intelligence Platform

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