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Kazakhstan - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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Kazakhstan: Pyrethrum And Peppermint Market Overview 2021

Pyrethrum And Peppermint Market Size in Kazakhstan

The Kazakh pyrethrum and peppermint market surged to $X in 2020, growing by X% against the previous year. Overall, consumption continues to indicate significant growth. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the market attained the peak level in 2020 and is likely to see steady growth in the immediate term.

Pyrethrum And Peppermint Production in Kazakhstan

In value terms, pyrethrum and peppermint production soared to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Pyrethrum and peppermint production peaked at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Pyrethrum And Peppermint Exports

Exports from Kazakhstan

For the fourth consecutive year, Kazakhstan recorded decline in shipments abroad of pyrethrum and peppermint, which decreased by -X% to X tonnes in 2020. Overall, exports saw a abrupt decrease. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, pyrethrum and peppermint exports declined rapidly to $X in 2020. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

China (X tonnes) was the main destination for pyrethrum and peppermint exports from Kazakhstan, with a X% share of total exports. Moreover, pyrethrum and peppermint exports to China exceeded the volume sent to the second major destination, Russia (X tonnes), tenfold. The third position in this ranking was occupied by South Korea (X tonnes), with a X% share.

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

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

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

Export Prices by Country

In 2020, the average pyrethrum and peppermint export price amounted to $X per tonne, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2013; afterwards, it flattened through to 2020.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($X per tonne), while the average price for exports to Afghanistan ($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 Turkey, while the prices for the other major destinations experienced more modest paces of growth.

Pyrethrum And Peppermint Imports

Imports into Kazakhstan

In 2020, after two years of growth, there was significant decline in supplies from abroad of pyrethrum and peppermint, when their volume decreased by -X% to X tonnes. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at X tonnes in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, pyrethrum and peppermint imports fell significantly to $X in 2020. In general, imports, however, saw a modest increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2019, and then shrank dramatically in the following year.

Imports by Country

Russia (X tonnes), Egypt (X tonnes) and Latvia (X tonnes) were the main suppliers of pyrethrum and peppermint imports to Kazakhstan, with a combined X% share of total imports. These countries were followed by China, India, Albania, Israel, Uzbekistan, Nigeria, Azerbaijan and Ukraine, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pyrethrum and peppermint suppliers to Kazakhstan were Russia ($X), Latvia ($X) and Egypt ($X), together accounting for X% of total imports. Israel, Albania, India, China, Nigeria, Ukraine, Uzbekistan and Azerbaijan lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pyrethrum and peppermint import price stood at $X per tonne in 2020, which is down by -X% against the previous year. In general, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Israel ($X per tonne), while the price for Azerbaijan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Uzbekistan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrethrum and peppermint in the world?
+
The countries with the highest volumes of pyrethrum and peppermint consumption in 2020 were China (146K tonnes), the U.S. (74K tonnes) and Indonesia (73K tonnes), with a combined 33% share of global consumption. Kazakhstan, Morocco, Germany, India, Japan, Hong Kong SAR, South Korea, Egypt, Taiwan (Chinese) and France lagged somewhat behind, together accounting for a further 34%.
What are the largest producers of pyrethrum and peppermint in the world?
+
China (207K tonnes) remains the largest pyrethrum and peppermint producing country worldwide, comprising approx. 23% of total volume. Moreover, pyrethrum and peppermint production in China exceeded the figures recorded by the second-largest producer, India (102K tonnes), twofold. Indonesia (83K tonnes) ranked third in terms of total production with a 9.4% share.
What are the leading suppliers of pyrethrum and peppermint to Kazakhstan?
+
In value terms, Russia ($183K), Latvia ($108K) and Egypt ($81K) constituted the largest pyrethrum and peppermint suppliers to Kazakhstan, together accounting for 59% of total imports. Israel, Albania, India, China, Nigeria, Ukraine, Uzbekistan and Azerbaijan lagged somewhat behind, together comprising a further 34%.
What are the leading importers of pyrethrum and peppermint from Kazakhstan?
+
In value terms, China ($2M) remains the key foreign market for pyrethrum and peppermint exports from Kazakhstan, comprising 57% of total exports. The second position in the ranking was occupied by Russia ($520K), with a 15% share of total exports. It was followed by Turkey, with a 10% share.
What is the average export price for pyrethrum and peppermint in Kazakhstan?
+
The average pyrethrum and peppermint export price stood at $1,351 per tonne in 2020, with an increase of 9% against the previous year.
What is the average import price for pyrethrum and peppermint in Kazakhstan?
+
In 2020, the average pyrethrum and peppermint import price amounted to $1,802 per tonne, dropping by -11% against the previous year.

Product coverage:
• FCL 754 - Pyrethrum, dried flowers
• FCL 748 - Peppermint, Spearmint

This report provides an in-depth analysis of the pyrethrum and peppermint 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
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 PRODUCTS

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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