Report Update May 1, 2025

Kazakhstan - Crude Soybean Oil - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Crude Soybean Oil Market 2025

Crude Soybean Oil Market Size in Kazakhstan

The Kazakh crude soybean oil market fell significantly to $X in 2022, which is down by -20.1% against the previous year. Over the period under review, consumption, however, recorded a buoyant increase. Crude soybean oil consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Crude Soybean Oil Production in Kazakhstan

In value terms, crude soybean oil production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.1% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 40% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Crude Soybean Oil Exports

Exports from Kazakhstan

In 2022, the amount of crude soybean oil exported from Kazakhstan surged to X tons, with an increase of 32% against 2021. Over the period under review, exports posted a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 223% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, crude soybean oil exports rose rapidly to $X in 2022. In general, exports continue to indicate tangible growth. The most prominent rate of growth was recorded in 2017 with an increase of 192% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Tajikistan (X tons) was the main destination for crude soybean oil exports from Kazakhstan, with a 85% share of total exports. Moreover, crude soybean oil exports to Tajikistan exceeded the volume sent to the second major destination, Uzbekistan (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tajikistan totaled +74.1%.

In value terms, Tajikistan ($X) emerged as the key foreign market for crude soybean oil exports from Kazakhstan, comprising 83% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Tajikistan stood at +84.4%.

Export Prices by Country

The average crude soybean oil export price stood at $X per ton in 2022, waning by -17.6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined significantly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Tajikistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+5.9%), while the prices for the other major destinations experienced a decline.

Crude Soybean Oil Imports

Imports into Kazakhstan

In 2022, imports of crude soybean oil into Kazakhstan fell significantly to X tons, dropping by -98.9% on the previous year. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by 10,775%. Imports peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, crude soybean oil imports declined rapidly to $X in 2022. In general, imports, however, saw a slight increase. The pace of growth was the most pronounced in 2021 with an increase of 8,249%. As a result, imports attained the peak of $X, and then reduced sharply in the following year.

Imports by Country

China (X tons), Italy (X tons) and Russia (X kg) were the main suppliers of crude soybean oil imports to Kazakhstan.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +117.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Italy ($X) and Russia ($X) constituted the largest crude soybean oil suppliers to Kazakhstan.

In terms of the main suppliers, Italy, with a CAGR of +123.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average crude soybean oil import price stood at $X per ton in 2022, jumping by 178% against the previous year. Overall, the import price showed a prominent increase. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude soybean oil in the world?

The countries with the highest volumes of crude soybean oil consumption in 2020 were China, Brazil and the United States, together accounting for 63% of global consumption. These countries were followed by India, Argentina, Mexico and Bangladesh, which together accounted for a further 16%.

What are the largest producers of crude soybean oil in the world?

The countries with the highest volumes of crude soybean oil production in 2020 were China, Brazil and the United States, together accounting for 64% of global production. Argentina, India and Mexico lagged somewhat behind, together comprising a further 17%.

What are the leading suppliers of crude soybean oil to Kazakhstan?

In value terms, Italy constituted the largest supplier of crude soybean oil to Kazakhstan, comprising 69% of total imports. The second position in the ranking was occupied by China, with a 30% share of total imports.

What are the leading importers of crude soybean oil from Kazakhstan?

In value terms, Uzbekistan remains the key foreign market for crude soybean oil exports from Kazakhstan, comprising 82% of total exports. The second position in the ranking was occupied by Tajikistan, with a 10% share of total exports.

What is the average export price for crude soybean oil in Kazakhstan?

In 2020, the average crude soybean oil export price amounted to $770 per ton, growing by 5.8% against the previous year.

What is the average import price for crude soybean oil in Kazakhstan?

In 2020, the average crude soybean oil import price amounted to $2,329 per ton, growing by 258% against the previous year.

This report provides an in-depth analysis of the crude soybean oil market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 237 - Oil of Soybeans

Country coverage:

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
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How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024