Kazakhstan: Cow Peas Market Overview 2021

Cow Peas Market Size in Kazakhstan

In 2020, the Kazakh cow peas market decreased by -X% to $X, falling for the fourth consecutive year after three years of growth. Over the period under review, consumption continues to indicate a precipitous descent. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Cow peas consumption peaked at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Cow Peas Exports

Exports from Kazakhstan

In 2020, overseas shipments of cow peas (dry) decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. Overall, exports showed a deep downturn. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, cow peas exports fell sharply to $X in 2020. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Exports peaked at $X in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

Exports by Country

Russia (X tonnes) was the main destination for cow peas exports from Kazakhstan, accounting for a X% share of total exports. Moreover, cow peas exports to Russia exceeded the volume sent to the second major destination, Georgia (X tonnes), sevenfold.

From 2007 to 2020, the average annual growth rate of volume to Russia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+X% per year) and Germany (-X% per year).

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

From 2007 to 2020, the average annual growth rate of value to Russia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (-X% per year) and Germany (-X% per year).

Export Prices by Country

The average cow peas export price stood at $X per tonne in 2020, falling by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to Georgia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia, while the prices for the other major destinations experienced a decline.

Cow Peas Imports

Imports into Kazakhstan

In 2020, supplies from abroad of cow peas (dry) decreased by -X% to X tonnes, falling for the fourth year in a row after three years of growth. In general, imports recorded a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, cow peas imports reduced markedly to $X in 2020. Over the period under review, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2015 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Uzbekistan (X tonnes) was the main cow peas supplier to Kazakhstan, with a X% share of total imports. Moreover, cow peas imports from Uzbekistan exceeded the figures recorded by the second-largest supplier, Kyrgyzstan (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Uzbekistan amounted to -X%.

In value terms, Uzbekistan ($X) constituted the largest supplier of cow peas to Kazakhstan, comprising X% of total imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Uzbekistan stood at -X%.

Import Prices by Country

The average cow peas import price stood at $X per tonne in 2020, therefore, remained relatively stable against the previous year. Overall, the import price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Uzbekistan ($X per tonne), while the price for Kyrgyzstan stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kyrgyzstan.

Source: IndexBox Platform