Kazakhstan: Spice Market 2024

Spice Market Size in Kazakhstan

For the sixth year in a row, the Kazakh spice market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption showed a strong increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Spice Production in Kazakhstan

In value terms, spice production rose remarkably to $X in 2022 estimated in export price. Over the period under review, the total production indicated a remarkable 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 pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of spices in Kazakhstan reached X tons per ha in 2022, remaining constant against the year before. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the yield increased by X%. Over the period under review, the average spice yield reached the maximum level at X tons per ha in 2017; however, from 2018 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The spice harvested area in Kazakhstan reduced slightly to X ha in 2022, approximately equating 2021. Overall, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. The spice harvested area peaked at X ha in 2021, and then declined modestly in the following year.

Spice Exports

Exports from Kazakhstan

In 2022, shipments abroad of spices increased by X% to X tons, rising for the eighth year in a row after two years of decline. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, spice exports surged to $X in 2022. Overall, exports showed a moderate increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for spice exports from Kazakhstan, with a X% share of total exports. Moreover, spice exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X.4% per year) and Uzbekistan (X% per year).

In value terms, Russia ($X) remains the key foreign market for spices exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X.4% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2022, the average spice export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, saw a deep setback. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Uzbekistan ($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 Belarus (X%), while the prices for the other major destinations experienced mixed trend patterns.

Spice Imports

Imports into Kazakhstan

In 2022, approx. X tons of spices were imported into Kazakhstan; surging by X% compared with 2021. Over the period under review, imports enjoyed strong growth. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, spice imports stood at $X in 2022. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Uzbekistan (X tons) constituted the largest supplier of spice to Kazakhstan, with a X% share of total imports. Moreover, spice imports from Uzbekistan exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Russia (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest spice suppliers to Kazakhstan were Russia ($X), Uzbekistan ($X) and China ($X), together accounting for X% of total imports.

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

Import Prices by Country

In 2022, the average spice import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price recorded a pronounced shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Tajikistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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