Kazakhstan: Chocolate Market 2024

Chocolate Market Size in Kazakhstan

The Kazakh chocolate market skyrocketed to $X in 2022, growing by 19% against the previous year. In general, consumption recorded a mild curtailment. Chocolate consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Chocolate Production in Kazakhstan

In value terms, chocolate production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 3.1%. Chocolate production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Chocolate Exports

Exports from Kazakhstan

In 2022, approx. X tons of chocolate and cocoa products were exported from Kazakhstan; with an increase of 9.2% against 2021 figures. Overall, total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 59%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, chocolate exports surged to $X in 2022. Over the period under review, total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 58%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Russia (X tons) was the main destination for chocolate exports from Kazakhstan, with a 42% share of total exports. Moreover, chocolate exports to Russia exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was held by Uzbekistan (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+21.4% per year) and Uzbekistan (+25.1% per year).

In value terms, Russia ($X) remains the key foreign market for chocolate and cocoa products exports from Kazakhstan, comprising 49% of total exports. The second position in the ranking was taken by China ($X), with a 12% share of total exports. It was followed by Kyrgyzstan, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+19.9% per year) and Kyrgyzstan (-7.1% per year).

Export Prices by Country

In 2022, the average chocolate export price amounted to $X per ton, growing by 42% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Uzbekistan ($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 Uzbekistan (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Chocolate Imports

Imports into Kazakhstan

Chocolate imports into Kazakhstan fell modestly to X tons in 2022, stabilizing at the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, chocolate imports surged to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest chocolate supplier to Kazakhstan, accounting for a 77% share of total imports. Moreover, chocolate imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold. The third position in this ranking was taken by Germany (X tons), with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+12.1% per year) and Germany (+6.0% per year).

In value terms, Russia ($X) constituted the largest supplier of chocolate and cocoa products to Kazakhstan, comprising 73% of total imports. The second position in the ranking was held by Germany ($X), with an 8.2% share of total imports. It was followed by Turkey, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.8% per year) and Turkey (+11.6% per year).

Import Prices by Country

In 2022, the average chocolate import price amounted to $X per ton, rising by 24% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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