Report Update Apr 1, 2024

Kazakhstan - Refined Rape, Colza or Mustard Oil - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Refined Rapeseed Oil Market 2024

Refined Rapeseed Oil Market Size in Kazakhstan

The Kazakh refined rapeseed oil market amounted to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, continues to indicate a pronounced descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Refined Rapeseed Oil Production in Kazakhstan

In value terms, refined rapeseed oil production expanded markedly to $X in 2022 estimated in export price. In general, production, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Refined rapeseed oil production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Refined Rapeseed Oil Exports

Exports from Kazakhstan

In 2022, shipments abroad of refined rape, colza or mustard oil decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, exports faced a sharp reduction. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, refined rapeseed oil exports contracted rapidly to $X in 2022. In general, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for refined rapeseed oil exports from Kazakhstan, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at X%.

In value terms, Russia ($X) emerged as the key foreign market for refined rape, colza or mustard oil exports from Kazakhstan.

From 2012 to 2022, the average annual growth rate of value to Russia stood at X%.

Export Prices by Country

The average refined rapeseed oil export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price saw a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Tajikistan amounted to X% per year.

Refined Rapeseed Oil Imports

Imports into Kazakhstan

For the third consecutive year, Kazakhstan recorded decline in supplies from abroad of refined rape, colza or mustard oil, which decreased by X% to X tons in 2022. Overall, imports, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, refined rapeseed oil imports fell markedly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest refined rapeseed oil supplier to Kazakhstan, accounting for a X% share of total imports. Moreover, refined rapeseed oil imports from Russia exceeded the figures recorded by the second-largest supplier, Spain (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Belarus (X% per year).

In value terms, the largest refined rapeseed oil suppliers to Kazakhstan were Russia ($X), Spain ($X) and Belarus ($X).

Spain, with a CAGR of X%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average refined rapeseed oil import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, continues to indicate a perceptible shrinkage. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined rape, colza or mustard oil in the world?

The country with the largest volume of refined rapeseed oil consumption was China, comprising approx. 17% of total volume. Moreover, refined rapeseed oil consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was taken by India, with a 6.6% share.

What are the largest producers of refined rape, colza or mustard oil in the world?

China constituted the country with the largest volume of refined rapeseed oil production, accounting for 17% of total volume. Moreover, refined rapeseed oil production in China exceeded the figures recorded by the second-largest producer, Canada, twofold. India ranked third in terms of total production with a 6.6% share.

What are the leading suppliers of refined rape, colza or mustard oil to Kazakhstan?

In value terms, the largest refined rapeseed oil suppliers to Kazakhstan were Russia, Spain and Belarus.

What are the leading importers of refined rape, colza or mustard oil from Kazakhstan?

In value terms, Russia emerged as the key foreign market for refined rape, colza or mustard oil exports from Kazakhstan.

What is the average export price for refined rape, colza or mustard oil in Kazakhstan?

The average refined rapeseed oil export price stood at $4,759 per ton in 2022, picking up by 264% against the previous year.

What is the average import price for refined rape, colza or mustard oil in Kazakhstan?

The average refined rapeseed oil import price stood at $972 per ton in 2022, picking up by 48% against the previous year.

This report provides an in-depth analysis of the refined rapeseed oil 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 10415600 - Refined rape, colza or mustard oil and their fractions (excluding chemically modified)

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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023