Kazakhstan: Market for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs 2025

Market Size for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in Kazakhstan

The Kazakh meat and fish extracts market reached $X in 2021, standing approx. at the previous year. Over the period under review, consumption, however, saw a pronounced contraction. Meat and fish extracts consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in Kazakhstan

In value terms, meat and fish extracts production totaled $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible decline. The growth pace was the most rapid in 2013 when the production volume increased by 33%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Exports from Kazakhstan

In 2021, overseas shipments of extracts and juices of meat, fish, crustaceans and molluscs decreased by -9.6% to X kg, falling for the fourth year in a row after three years of growth. In general, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 183% against the previous year. As a result, the exports reached the peak of X kg. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, meat and fish extracts exports shrank to $X in 2021. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 100% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X kg) was the main destination for meat and fish extracts exports from Kazakhstan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +17.8%.

In value terms, Russia ($X) also remains the key foreign market for extracts and juices of meat, fish, crustaceans and molluscs exports from Kazakhstan.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +13.0%.

Export Prices by Country

In 2021, the average meat and fish extracts export price amounted to $X per ton, picking up by 9.4% against the previous year. Overall, the export price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2013 an increase of 9.5%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -4.0% per year.

Imports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Imports into Kazakhstan

After two years of growth, supplies from abroad of extracts and juices of meat, fish, crustaceans and molluscs decreased by -82% to X tons in 2021. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 3,276%. Imports peaked at X tons in 2020, and then fell sharply in the following year.

In value terms, meat and fish extracts imports contracted significantly to $X in 2021. Over the period under review, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of 3,021% against the previous year. Imports peaked at $X in 2020, and then dropped notably in the following year.

Imports by Country

In 2021, China (X kg) constituted the largest supplier of meat and fish extracts to Kazakhstan, with a 45% share of total imports. Moreover, meat and fish extracts imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X kg), threefold. The third position in this ranking was held by Russia (X kg), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+19.7% per year) and Russia (+48.1% per year).

In value terms, the largest meat and fish extracts suppliers to Kazakhstan were Lithuania ($X), South Korea ($X) and China ($X), together comprising 77% of total imports.

In terms of the main suppliers, Lithuania, with a CAGR of +72.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average meat and fish extracts import price stood at $X per ton in 2021, shrinking by -16.6% against the previous year. Overall, the import price saw a slight reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 37%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Lithuania ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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