Kazakhstan: Millet Market Overview 2021

Millet Market Size in Kazakhstan

The Kazakh millet market declined to $X in 2019, shrinking by -X% against the previous year. Over the period under review, consumption recorded a strong increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2018, and then reduced in the following year.

Millet Production in Kazakhstan

In value terms, millet production declined to $X in 2019 estimated in export prices. In general, production continues to indicate a remarkable increase. The growth pace was the most rapid in 2011 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2018, and then contracted in the following year.

In 2019, the average yield of millet in Kazakhstan stood at X kg per ha, flattening at 2018. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. As a result, the yield attained the peak level of X tonnes per ha. From 2012 to 2019, the growth of the average millet yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the millet harvested area in Kazakhstan totaled X ha, surging by X% against 2018 figures. Over the period under review, the total harvested area indicated a slight increase from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, millet harvested area increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to millet production reached the peak figure at X ha in 2016; however, from 2017 to 2019, the harvested area failed to regain the momentum.

Millet Exports

Exports from Kazakhstan

After three years of decline, overseas shipments of millet increased by X% to X tonnes in 2019. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, millet exports surged to $X in 2019. Overall, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, exports attained the maximum in 2019 and are likely to see steady growth in years to come.

Exports by Country

Iran (X tonnes), Germany (X tonnes) and Turkey (X tonnes) were the main destinations of millet exports from Kazakhstan, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iran, while exports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2019, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Afghanistan (+X% per year).

Export Prices by Country

The average millet export price stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne, and then contracted in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Russia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan, while the prices for the other major destinations experienced more modest paces of growth.

Millet Imports

Imports into Kazakhstan

In 2019, purchases abroad of millet increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2010; however, from 2011 to 2019, imports remained at a lower figure.

In value terms, millet imports skyrocketed to $X in 2019. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2010; however, from 2011 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Russia (X tonnes) was the main millet supplier to Kazakhstan, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from Russia amounted to -X%.

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

From 2007 to 2019, the average annual growth rate of value from Russia totaled -X%.

Import Prices by Country

In 2019, the average millet import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the rate of growth in terms of prices for Russia amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for millet in the world?

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The country with the largest volume of millet consumption was India (11M tonnes), comprising approx. 39% of total volume. Moreover, millet consumption in India exceeded the figures recorded by the second-largest consumer, Niger (4M tonnes), threefold. The third position in this ranking was occupied by Nigeria (2M tonnes), with a 6.8% share.

What are the largest producers of millet in the world?

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The country with the largest volume of millet production was India (12M tonnes), accounting for 39% of total volume. Moreover, millet production in India exceeded the figures recorded by the second-largest producer, Niger (4M tonnes), threefold. The third position in this ranking was occupied by Nigeria (2M tonnes), with a 6.8% share.

What are the leading suppliers of millet to Kazakhstan?

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In value terms, Russia ($26K) constituted the largest supplier of millet to Kazakhstan.

What are the leading importers of millet from Kazakhstan?

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In value terms, Germany ($208K) remains the key foreign market for millet exports from Kazakhstan, comprising 53% of total exports. The second position in the ranking was occupied by Turkey ($86K), with a 22% share of total exports. It was followed by Afghanistan, with a 12% share.

What is the average export price for millet in Kazakhstan?

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In 2019, the average millet export price amounted to $455 per tonne, reducing by -13.8% against the previous year.

What is the average import price for millet in Kazakhstan?

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The average millet import price stood at $458 per tonne in 2019, rising by 3.2% against the previous year.