Kazakhstan: Cream Fresh Market 2024

Cream Fresh Market Size in Kazakhstan

The Kazakh cream fresh market rose sharply to $X in 2022, with an increase of 5.1% against the previous year. Over the period under review, consumption posted a resilient expansion. Cream fresh consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cream Fresh Production in Kazakhstan

In value terms, cream fresh production totaled $X in 2022 estimated in export price. In general, production saw a resilient increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 61%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Cream Fresh Exports

Exports from Kazakhstan

In 2022, overseas shipments of cream fresh increased by 57% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 455% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, cream fresh exports soared to $X in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 674%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Kyrgyzstan (X tons) was the main destination for cream fresh exports from Kazakhstan, with a 61% share of total exports. Moreover, cream fresh exports to Kyrgyzstan exceeded the volume sent to the second major destination, Tajikistan (X tons), threefold. Armenia (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Kyrgyzstan stood at +80.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+49.1% per year) and Armenia (+146.2% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for cream fresh exports from Kazakhstan, comprising 61% of total exports. The second position in the ranking was held by Armenia ($X), with a 20% share of total exports. It was followed by Tajikistan, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Kyrgyzstan amounted to +66.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (+158.3% per year) and Tajikistan (+52.8% per year).

Export Prices by Country

The average cream fresh export price stood at $X per ton in 2022, leveling off at the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh export price decreased by -19.5% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 39% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mongolia ($X per ton), while the average price for exports to Tajikistan ($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 Turkmenistan (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cream Fresh Imports

Imports into Kazakhstan

Cream fresh imports into Kazakhstan skyrocketed to X tons in 2022, picking up by 27% compared with the previous year's figure. Over the period under review, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 205% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cream fresh imports soared to $X in 2022. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 137% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia (X tons), France (X tons) and Iran (X tons) were the main suppliers of cream fresh imports to Kazakhstan, together accounting for 90% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of +307.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), France ($X) and Iran ($X) were the largest cream fresh suppliers to Kazakhstan, with a combined 90% share of total imports.

Iran, with a CAGR of +365.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cream fresh import price stood at $X per ton in 2022, increasing by 17% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh import price increased by +7.4% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 71%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($X per ton) and Italy ($X per ton), while the price for Russia ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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