Kazakhstan: Buckwheat Market 2025

Buckwheat Market Size in Kazakhstan

After two years of growth, the Kazakh buckwheat market decreased by -8.5% to $X in 2022. Over the period under review, consumption showed a mild setback. Buckwheat consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Buckwheat Production in Kazakhstan

In value terms, buckwheat production rose remarkably to $X in 2022 estimated in export price. In general, production saw a perceptible slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 106%. Buckwheat production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of buckwheat in Kazakhstan dropped to X kg per ha in 2022, with a decrease of -7.3% compared with the previous year's figure. The yield figure increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the yield increased by 63% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the average buckwheat yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of buckwheat production in Kazakhstan reduced rapidly to X ha, waning by -18.4% compared with 2021 figures. Over the period under review, the harvested area saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the harvested area increased by 58% against the previous year. The buckwheat harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Buckwheat Exports

Exports from Kazakhstan

In 2022, after six years of growth, there was significant decline in shipments abroad of buckwheat, when their volume decreased by -18.2% to X tons. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2014 with an increase of 2,644% against the previous year. The exports peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, buckwheat exports dropped remarkably to $X in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 955%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced sharply in the following year.

Exports by Country

Ukraine (X tons) was the main destination for buckwheat exports from Kazakhstan, accounting for a 48% share of total exports. Moreover, buckwheat exports to Ukraine exceeded the volume sent to the second major destination, Latvia (X tons), fivefold. The third position in this ranking was taken by Japan (X tons), with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume to Ukraine totaled +57.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (0.0% per year) and Japan (0.0% per year).

In value terms, Ukraine ($X) remains the key foreign market for buckwheat exports from Kazakhstan, comprising 45% of total exports. The second position in the ranking was held by Latvia ($X), with an 11% share of total exports. It was followed by Japan, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ukraine stood at +69.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (0.0% per year) and Japan (0.0% per year).

Export Prices by Country

In 2022, the average buckwheat export price amounted to $X per ton, flattening at the previous year. In general, the export price continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2015 an increase of 72%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Russia ($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 Lithuania (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Buckwheat Imports

Imports into Kazakhstan

In 2022, buckwheat imports into Kazakhstan skyrocketed to X tons, surging by 119% against the previous year. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 500% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, buckwheat imports soared to $X in 2022. Over the period under review, imports showed a strong expansion. The growth pace was the most rapid in 2019 when imports increased by 358%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Russia (X tons) was the main buckwheat supplier to Kazakhstan, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at +20.1%.

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

From 2012 to 2022, the average annual growth rate of value from Russia stood at +14.0%.

Import Prices by Country

The average buckwheat import price stood at $X per ton in 2022, picking up by 56% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -5.1% per year.

Source: IndexBox Platform

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