Kazakhstan: Coconut Market 2025

Coconut Market Size in Kazakhstan

The Kazakh coconut market shrank to $X in 2022, waning by -7.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed buoyant growth. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank in the following year.

Coconut Exports

Exports from Kazakhstan

After two years of growth, overseas shipments of coconuts decreased by -14% to X tons in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 1,695% against the previous year. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, coconut exports surged to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 1,586%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Uzbekistan (X tons) was the main destination for coconut exports from Kazakhstan, with a approx. 99% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of volume to Uzbekistan amounted to +17.6%.

In value terms, Uzbekistan ($X) also remains the key foreign market for coconuts exports from Kazakhstan.

From 2014 to 2022, the average annual rate of growth in terms of value to Uzbekistan totaled +24.4%.

Export Prices by Country

The average coconut export price stood at $X per ton in 2022, jumping by 92% against the previous year. Overall, the export price enjoyed modest growth. 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 Uzbekistan.

From 2014 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to +5.7% per year.

Coconut Imports

Imports into Kazakhstan

Coconut imports into Kazakhstan dropped notably to X tons in 2022, falling by -33.8% compared with 2021 figures. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 246% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then declined rapidly in the following year.

In value terms, coconut imports expanded remarkably to $X in 2022. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by 208% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Cote d'Ivoire (X tons) constituted the largest supplier of coconut to Kazakhstan, with a 69% share of total imports. Moreover, coconut imports from Cote d'Ivoire exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was held by Russia (X tons), with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume from Cote d'Ivoire amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+35.4% per year) and Russia (+67.4% per year).

In value terms, the largest coconut suppliers to Kazakhstan were Russia ($X), Cote d'Ivoire ($X) and China ($X), together comprising 95% of total imports.

In terms of the main suppliers, Russia, with a CAGR of +92.2%, saw 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

The average coconut import price stood at $X per ton in 2022, jumping by 67% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut import price increased by +85.5% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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