Kazakhstan: Buckwheat Market 2022

Buckwheat Market Size in Kazakhstan

In 2020, after two years of decline, there was significant growth in the Kazakh buckwheat market, when its value increased by X% to $X. Over the period under review, consumption showed a noticeable reduction. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Buckwheat consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Buckwheat Production in Kazakhstan

In value terms, buckwheat production soared to $X in 2020 estimated in export prices. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2020, production remained at a lower figure.

In 2020, the average yield of buckwheat in Kazakhstan expanded notably to X kg per ha, picking up by X% against the previous year. Over the period under review, the yield recorded modest growth. The growth pace was the most rapid in 2009 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tonnes per ha. from 2010 to 2020, the growth of the average buckwheat yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of buckwheat were harvested in Kazakhstan; reducing by -X% on 2019 figures. Over the period under review, the harvested area continues to indicate a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to buckwheat production attained the peak figure at X ha in 2017; however, from 2018 to 2020, the harvested area failed to regain the momentum.

Buckwheat Exports

Exports from Kazakhstan

Buckwheat exports from Kazakhstan expanded significantly to X tonnes in 2020, growing by X% on 2019 figures. Over the period under review, exports continue to indicate a tangible expansion. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in years to come.

In value terms, buckwheat exports surged to $X in 2020. In general, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Exports peaked in 2020 and are likely to see gradual growth in the near future.

Exports by Country

Ukraine (X tonnes) was the main destination for buckwheat exports from Kazakhstan, accounting for a X% share of total exports. Moreover, buckwheat exports to Ukraine exceeded the volume sent to the second major destination, Turkey (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Ukraine amounted to +X%.

In value terms, Ukraine ($X) remains the key foreign market for buckwheat exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Ukraine stood at +X%.

Export Prices by Country

The average buckwheat export price stood at $X per tonne in 2020, growing by X% against the previous year. Overall, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2020, the country with the highest price was Turkey ($X per tonne), while the average price for exports to Ukraine stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine.

Buckwheat Imports

Imports into Kazakhstan

In 2020, the amount of buckwheat imported into Kazakhstan surged to X tonnes, jumping by X% on the year before. Over the period under review, imports saw a resilient increase. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure in 2020 and are likely to continue growth in years to come.

In value terms, buckwheat imports expanded significantly to $X in 2020. In general, imports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Russia (X tonnes) was the main buckwheat supplier to Kazakhstan, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Russia stood at +X%.

In value terms, Russia ($X) constituted the largest supplier of buckwheat to Kazakhstan.

From 2007 to 2020, the average annual growth rate of value from Russia totaled +X%.

Import Prices by Country

In 2020, the average buckwheat import price amounted to $X per tonne, falling by -X% against the previous year. Overall, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2012 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2015; however, from 2016 to 2020, 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 2007 to 2020, the rate of growth in terms of prices for Russia amounted to -X% per year.

Source: IndexBox Platform