Price for Flour, Meal, and Flakes of Potatoes in Kazakhstan - 2022

Price for Flour, Meal, and Flakes of Potatoes in Kazakhstan (CIF) - 2022

The average import price for flour, meal, and flakes of potatoeses stood at $2,425 per ton in 2022, rising by 55% against the previous year. In general, the import price posted a measured increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 +2.5% per year.

Price for Flour, Meal, and Flakes of Potatoes in Kazakhstan (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $2,848 per ton in 2022, dropping by -6.6% against the previous year. Over the last six years, it increased at an average annual rate of +4.8%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 25%. The export price peaked at $3,049 per ton in 2021, and then contracted in the following year.

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

From 2016 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +37.5% per year.

Imports of Flour, Meal, and Flakes of Potatoes in Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in overseas purchases of flour, meal, and flakes of potatoeses, which increased by 39% to 315 tons in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of flour, meal, and flakes of potatoeses soared to $764K in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Flour, Meal, and Flakes of Potatoes in Kazakhstan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	156	187	255	758	69.4%
China	59.5	67.5	78.5	N/A	14.9%
Belarus	15.8	17.3	20.8	N/A	14.7%
Others	2.6	1.9	1.9	6.0	32.1%
Total	234	274	357	764	48.4%

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Kazakhstan in 2022:

Russia (312.0 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Kazakhstan

In 2022, shipments abroad of flour, meal, and flakes of potatoeses was finally on the rise to reach 92 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a significant decrease.

In value terms, exports of flour, meal, and flakes of potatoeses expanded modestly to $262 in 2022. Over the period under review, exports, however, faced a precipitous descent.