Kazakhstan: Chocolate And Confectionery Market 2024

Chocolate And Confectionery Market Size in Kazakhstan

In 2022, the Kazakh chocolate and confectionery market increased by 18% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate a slight slump. Chocolate and confectionery consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Chocolate And Confectionery Production in Kazakhstan

In value terms, chocolate and confectionery production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the production volume increased by 49%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Chocolate And Confectionery Exports

Exports from Kazakhstan

In 2022, the amount of chocolate and confectionery exported from Kazakhstan expanded rapidly to X tons, growing by 9.7% on the year before. In general, total exports indicated pronounced 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 -17.4% against 2018 indices. The pace of growth was the most pronounced in 2017 when exports increased by 45%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, chocolate and confectionery exports skyrocketed to $X in 2022. Over the period under review, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for chocolate and confectionery exports from Kazakhstan, accounting for a 43% share of total exports. Moreover, chocolate and confectionery exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+25.3% per year) and China (+20.5% per year).

In value terms, Russia ($X) remains the key foreign market for chocolate and confectionery exports from Kazakhstan, comprising 50% of total exports. The second position in the ranking was taken by China ($X), with a 12% share of total exports. It was followed by Kyrgyzstan, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+19.5% per year) and Kyrgyzstan (-7.1% per year).

Export Prices by Country

The average chocolate and confectionery export price stood at $X per ton in 2022, growing by 42% against the previous year. Over the period under review, the export price saw 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.

There were significant differences in the average prices for the major foreign markets. In 2022, 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 (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Chocolate And Confectionery Imports

Imports into Kazakhstan

In 2022, imports of chocolate and confectionery into Kazakhstan dropped to X tons, approximately reflecting the previous year. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 12% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, chocolate and confectionery imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of chocolate and confectionery to Kazakhstan, with a 76% share of total imports. Moreover, chocolate and confectionery imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold. The third position in this ranking was held by Germany (X tons), with a 4.7% 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 (+12.0% per year) and Germany (+5.8% per year).

In value terms, Russia ($X) constituted the largest supplier of chocolate and confectionery to Kazakhstan, comprising 72% of total imports. The second position in the ranking was held by Germany ($X), with an 8.1% 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 totaled -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.4% per year) and Turkey (+11.0% per year).

Import Prices by Country

In 2022, the average chocolate and confectionery import price amounted to $X per ton, jumping by 24% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. 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.

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 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 (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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