Kazakhstan: Market for Evaporated And Condensed Milk 2024

Market Size for Evaporated And Condensed Milk in Kazakhstan

The Kazakh evaporated and condensed milk market reached $X in 2022, picking up by X% against the previous year. In general, consumption, however, showed a perceptible decline. Evaporated and condensed milk consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Evaporated And Condensed Milk in Kazakhstan

In value terms, evaporated and condensed milk production expanded rapidly to $X in 2022 estimated in export price. In general, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Evaporated And Condensed Milk

Exports from Kazakhstan

In 2022, the amount of evaporated and condensed milk exported from Kazakhstan soared to X tons, with an increase of X% against the previous year's figure. In general, exports saw a perceptible increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, evaporated and condensed milk exports surged to $X in 2022. Over the period under review, exports recorded a perceptible increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Kyrgyzstan (X tons) was the main destination for evaporated and condensed milk exports from Kazakhstan, with a X% share of total exports. Moreover, evaporated and condensed milk exports to Kyrgyzstan exceeded the volume sent to the second major destination, Uzbekistan (X tons), twofold. The third position in this ranking was held by Russia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kyrgyzstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Russia (X% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for evaporated and condensed milk exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kyrgyzstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the average evaporated and condensed milk export price amounted to $X per ton, with an increase of X% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, evaporated and condensed milk export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Turkmenistan ($X 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 Tajikistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Evaporated And Condensed Milk

Imports into Kazakhstan

Evaporated and condensed milk imports into Kazakhstan declined modestly to X tons in 2022, reducing by X% compared with the year before. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, evaporated and condensed milk imports soared to $X in 2022. Over the period under review, imports saw a deep slump. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons) and Belarus (X tons) were the main suppliers of evaporated and condensed milk imports to Kazakhstan.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of X%).

In value terms, the largest evaporated and condensed milk suppliers to Kazakhstan were Russia ($X) and Belarus ($X).

Belarus, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2022, the average evaporated and condensed milk import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, evaporated and condensed milk import price increased by X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Belarus totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Source: IndexBox Platform

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