Kazakhstan: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Kazakhstan

In 2022, the Kazakh buttermilk and buttermilk powder market increased by 8% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate a mild slump. Buttermilk and buttermilk powder consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Buttermilk And Buttermilk Powder in Kazakhstan

In value terms, buttermilk and buttermilk powder production declined modestly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2017 when the production volume increased by 47% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Buttermilk And Buttermilk Powder

Exports from Kazakhstan

In 2022, overseas shipments of buttermilk and buttermilk powder increased by 39% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 125%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, buttermilk and buttermilk powder exports surged to $X in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for buttermilk and buttermilk powder exports from Kazakhstan, accounting for a 69% share of total exports. Moreover, buttermilk and buttermilk powder exports to Russia exceeded the volume sent to the second major destination, Mongolia (X tons), fourfold. Kyrgyzstan (X tons) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +27.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mongolia (+106.5% per year) and Kyrgyzstan (+18.3% per year).

In value terms, the largest markets for buttermilk and buttermilk powder exported from Kazakhstan were Mongolia ($X), Russia ($X) and Kyrgyzstan ($X), together comprising 90% of total exports.

Mongolia, with a CAGR of +122.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average buttermilk and buttermilk powder export price amounted to $X per ton, increasing by 103% against the previous year. In general, the export price showed a noticeable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mongolia ($X per ton), while the average price for exports to Russia ($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 Armenia (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buttermilk And Buttermilk Powder

Imports into Kazakhstan

In 2022, purchases abroad of buttermilk and buttermilk powder decreased by -1.8% to X tons for the first time since 2017, thus ending a four-year rising trend. The total import volume increased at an average annual rate of +3.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 33%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank slightly in the following year.

In value terms, buttermilk and buttermilk powder imports skyrocketed to $X in 2022. Over the period under review, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.8% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of 46%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Russia (X tons), Kyrgyzstan (X tons) and Belarus (X tons) were the main suppliers of buttermilk and buttermilk powder imports to Kazakhstan, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +22.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X) constituted the largest supplier of buttermilk and buttermilk powder to Kazakhstan, comprising 66% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Kyrgyzstan (+21.7% per year) and Belarus (+16.9% per year).

Import Prices by Country

In 2022, the average buttermilk and buttermilk powder import price amounted to $X per ton, increasing by 20% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 28%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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