Kazakhstan: Market for Condensed Or Evaporated Milk (Sweetened) 2024

Market Size for Condensed Or Evaporated Milk (Sweetened) in Kazakhstan

The Kazakh market for condensed or evaporated milk (sweetened) skyrocketed to $X in 2022, with an increase of 35% 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). In general, consumption, however, showed a deep reduction. Sweetened condensed and evaporated milk consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports from Kazakhstan

In 2022, exports of condensed or evaporated milk (sweetened) from Kazakhstan surged to X tons, increasing by 29% compared with 2021. In general, exports saw a modest increase. The growth pace was the most rapid in 2014 with an increase of 745%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, sweetened condensed and evaporated milk exports skyrocketed to $X in 2022. Over the period under review, exports posted notable growth. The most prominent rate of growth was recorded in 2014 with an increase of 446% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Kyrgyzstan (X tons), Uzbekistan (X tons) and Russia (X tons) were the main destinations of sweetened condensed and evaporated milk exports from Kazakhstan, with a combined 90% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +16.3%), while the other leaders experienced mixed trend patterns.

In value terms, Kyrgyzstan ($X) remains the key foreign market for condensed or evaporated milk (sweetened) exports from Kazakhstan, comprising 60% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 23% share of total exports. It was followed by Russia, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value to Kyrgyzstan amounted to +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+24.9% per year) and Russia (-7.3% per year).

Export Prices by Country

In 2022, the average export price for condensed or evaporated milk (sweetened) amounted to $X per ton, surging by 12% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sweetened condensed and evaporated milk export price increased by +124.6% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Turkmenistan ($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 (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports into Kazakhstan

In 2022, supplies from abroad of condensed or evaporated milk (sweetened) increased by 5.1% to X tons for the first time since 2016, thus ending a five-year declining trend. Overall, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2016 with an increase of 7.1% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sweetened condensed and evaporated milk imports soared to $X in 2022. In general, imports, however, recorded a drastic downturn. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X tons) and Belarus (X tons) were the main suppliers of sweetened condensed and evaporated milk imports to Kazakhstan.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +3.6%).

In value terms, Russia ($X) and Belarus ($X) constituted the largest sweetened condensed and evaporated milk suppliers to Kazakhstan.

Among the main suppliers, Belarus, with a CAGR of +6.5%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average import price for condensed or evaporated milk (sweetened) stood at $X per ton in 2022, increasing by 38% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sweetened condensed and evaporated milk import price increased by +80.1% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably 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 Belarus stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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