Report Kazakhstan - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Feb 2, 2023

Kazakhstan - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Peanut Butter Market 2023

Peanut Butter Market Size in Kazakhstan

The Kazakh peanut butter market soared to $X in 2021, growing by 16% against the previous year. Over the period under review, consumption enjoyed a prominent increase. Peanut butter consumption peaked in 2021 and is likely to see steady growth in years to come.

Peanut Butter Production in Kazakhstan

In value terms, peanut butter production rose notably to $X in 2021 estimated in export price. In general, production saw a strong expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 94%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Peanut Butter Exports

Exports from Kazakhstan

After five years of growth, overseas shipments of peanut butter and prepared or preserved groundnuts decreased by -15.4% to X tons in 2021. In general, exports, however, showed pronounced growth. The pace of growth appeared the most rapid in 2020 with an increase of 121%. As a result, the exports attained the peak of X tons, and then declined dramatically in the following year.

In value terms, peanut butter exports soared to $X in 2021. Over the period under review, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 111%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Kyrgyzstan (X tons) was the main destination for peanut butter exports from Kazakhstan, with a 75% share of total exports. Moreover, peanut butter exports to Kyrgyzstan exceeded the volume sent to the second major destination, Russia (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kyrgyzstan totaled +69.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-10.9% per year) and Uzbekistan (+41.7% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for peanut butter and prepared or preserved groundnuts exports from Kazakhstan, comprising 74% of total exports. The second position in the ranking was held by Russia ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Kyrgyzstan amounted to +71.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-9.9% per year) and Uzbekistan (+68.3% per year).

Export Prices by Country

In 2021, the average peanut butter export price amounted to $X per ton, surging by 61% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peanut butter export price increased by +71.7% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into Kazakhstan

Peanut butter imports into Kazakhstan skyrocketed to X tons in 2021, jumping by 49% on 2020. In general, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 174%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, peanut butter imports soared to $X in 2021. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 79% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

China (X tons), Russia (X tons) and the UK (X tons) were the main suppliers of peanut butter imports to Kazakhstan, together comprising 97% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +21.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest peanut butter suppliers to Kazakhstan were China ($X), Russia ($X) and the UK ($X), with a combined 97% share of total imports.

Russia, with a CAGR of +16.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average peanut butter import price amounted to $X per ton, declining by -15.3% against the previous year. In general, the import price recorded a pronounced shrinkage. The growth pace was the most rapid in 2020 an increase of 20% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in the world?
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The country with the largest volume of peanut butter consumption was China, accounting for 16% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was held by Japan, with a 4.6% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
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China remains the largest peanut butter producing country worldwide, accounting for 22% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 4.6% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to Kazakhstan?
+
In value terms, China, Russia and the UK constituted the largest peanut butter suppliers to Kazakhstan, with a combined 97% share of total imports.
What are the leading importers of peanut butter and prepared or preserved groundnuts from Kazakhstan?
+
In value terms, Kyrgyzstan remains the key foreign market for peanut butter and prepared or preserved groundnuts exports from Kazakhstan, comprising 74% of total exports. The second position in the ranking was held by Russia, with a 16% share of total exports.
What is the average export price for peanut butter and prepared or preserved groundnuts in Kazakhstan?
+
In 2021, the average peanut butter export price amounted to $5,999 per ton, jumping by 61% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Kazakhstan?
+
In 2021, the average peanut butter import price amounted to $1,829 per ton, falling by -15.3% against the previous year.

This report provides an in-depth analysis of the peanut butter market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)
Country coverage:
• Kazakhstan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Kazakhstan
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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