Price for Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan - 2022

Contents:

  1. Price for Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan (FOB) - 2022
  2. Price for Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan (CIF) - 2022
  3. Exports of Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan
  4. Imports of Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan

Price for Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan (FOB) - 2022

In 2022, the average export price for fats and oils and their fractions; of marine mammalses amounted to $50,565 per ton, with an increase of 146% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($85,500 per ton), while the average price for exports to Kyrgyzstan ($13,981 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 (+85.4%).

Price for Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan (CIF) - 2022

In 2022, the average import price for fats and oils and their fractions; of marine mammalses amounted to $2,994 per ton, growing by 17% against the previous year. In general, the import price, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2013 an increase of 55% against the previous year. Over the period under review, average import prices attained the peak figure at $6,259 per ton in 2015; however, from 2016 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 +0.2% per year.

Exports of Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan

In 2022, overseas shipments of fats and oils and their fractions; of marine mammalses decreased by -73% to 124 kg, falling for the second year in a row after two years of growth. Over the period under review, exports showed a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 184%. As a result, the exports reached the peak of 1.2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fats and oils and their fractions; of marine mammalses declined significantly to $6.3K in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 518%. As a result, the exports attained the peak of $13K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A4.70%
South KoreaN/AN/AN/A0.90%
Kyrgyzstan2.04.10.30.8-26.3%
RussiaN/A8.59.2N/A8.2%
OthersN/AN/AN/AN/A0%
Total2.012.69.46.346.6%

Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from Kazakhstan in 2022:

  1. United Arab Emirates (60.0 kg)
  2. Kyrgyzstan (54.0 kg)
  3. South Korea (10.0 kg)

Imports of Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan

In 2022, supplies from abroad of fats and oils and their fractions; of marine mammalses decreased by -54.2% to 2.1 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 98%. As a result, imports reached the peak of 4.7 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fats and oils and their fractions; of marine mammalses shrank remarkably to $6.3K in 2022. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 82%. As a result, imports reached the peak of $14K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fats and Oils and Their Fractions; of Marine Mammals in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.513.611.66.3-5.6%
OthersN/AN/AN/AN/A0%
Total7.513.611.66.3-5.6%

Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Kazakhstan in 2022:

  1. Russia (2.1 tons)

Source: IndexBox Market Intelligence Platform

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