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

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

In 2021, the Kazakh market for condensed or evaporated milk (unsweetened) decreased by -7.5% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, recorded a relatively flat trend pattern. Unsweetened condensed and evaporated milk consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Condensed Or Evaporated Milk (Unsweetened) in Kazakhstan

In value terms, unsweetened condensed and evaporated milk production dropped to $X in 2021 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +33.2% against 2016 indices. The pace of growth was the most pronounced in 2013 with an increase of 52%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from Kazakhstan

In 2021, approx. X tons of condensed or evaporated milk (unsweetened) were exported from Kazakhstan; shrinking by -2.4% compared with the previous year. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 328%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, unsweetened condensed and evaporated milk exports fell to $X in 2021. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2013 with an increase of 467%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X tons) was the main destination for unsweetened condensed and evaporated milk exports from Kazakhstan, accounting for a 93% share of total exports. Moreover, unsweetened condensed and evaporated milk exports to Kyrgyzstan exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Kyrgyzstan stood at +68.6%.

In value terms, Kyrgyzstan ($X) remains the key foreign market for condensed or evaporated milk (unsweetened) exports from Kazakhstan, comprising 94% of total exports. The second position in the ranking was held by Russia ($X), with a 6.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Kyrgyzstan stood at +68.5%.

Export Prices by Country

The average export price for condensed or evaporated milk (unsweetened) stood at $X per ton in 2021, reducing by -10.3% against the previous year. In general, the export price saw a mild descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 33% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into Kazakhstan

In 2021, the amount of condensed or evaporated milk (unsweetened) imported into Kazakhstan totaled X tons, almost unchanged from the year before. Over the period under review, imports, however, recorded a deep setback. The pace of growth was the most pronounced in 2013 when imports increased by 47% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, unsweetened condensed and evaporated milk imports stood at $X in 2021. Overall, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2013 when imports increased by 60%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

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

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of -1.6%).

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

In terms of the main suppliers, Russia, with a CAGR of -3.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the average import price for condensed or evaporated milk (unsweetened) amounted to $X per ton, surging by 2.3% against the previous year. Over the period under review, the import price, however, saw a mild decline. The most prominent rate of growth was recorded in 2014 an increase of 23%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Belarus totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-1.4%).

Source: IndexBox Platform

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