Kazakhstan: Organ Extracts Market 2024

Organ Extracts Market Size in Kazakhstan

In 2021, after four years of growth, there was significant decline in the Kazakh organ extracts market, when its value decreased by -15.2% to $X. In general, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +47.3% against 2016 indices. Over the period under review, the market attained the peak level at $X in 2020, and then fell rapidly in the following year.

Organ Extracts Production in Kazakhstan

In value terms, organ extracts production dropped to $X in 2021 estimated in export price. Overall, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.9% 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 +68.8% against 2016 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 45%. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Organ Extracts Exports

Exports from Kazakhstan

In 2021, shipments abroad of extracts of glands or other organs or of their secretions decreased by 0% to X kg, falling for the second consecutive year after two years of growth. Overall, exports saw a precipitous decrease. The growth pace was the most rapid in 2018 with an increase of 588%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, organ extracts exports surged to $X in 2021. Over the period under review, exports showed a significant decline. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X kg) was the main destination for organ extracts exports from Kazakhstan, accounting for a 94% share of total exports. It was followed by the Netherlands (X kg), with a 2.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest.

In value terms, the largest markets for organ extracts exported from Kazakhstan were the Netherlands ($X) and Germany ($X).

Germany, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average organ extracts export price amounted to $X per ton, falling by -85.6% against the previous year. Overall, the export price, however, continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2016 an increase of 210% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+34.6%).

Organ Extracts Imports

Imports into Kazakhstan

In 2021, overseas purchases of extracts of glands or other organs or of their secretions decreased by -99.3% to X kg for the first time since 2018, thus ending a two-year rising trend. In general, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 941%. As a result, imports attained the peak of X tons, and then contracted sharply in the following year.

In value terms, organ extracts imports shrank dramatically to $X in 2021. Overall, imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 1,281% against the previous year. As a result, imports attained the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2021, Belarus (X kg) was the main organ extracts supplier to Kazakhstan, with a 97% share of total imports. It was followed by Russia (X kg), with a 3% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Belarus stood at -35.1%.

In value terms, Belarus ($X) constituted the largest supplier of extracts of glands or other organs or of their secretions to Kazakhstan, comprising 97% of total imports. The second position in the ranking was taken by Russia ($X), with a 0.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Belarus amounted to -36.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-59.3% per year) and Italy (-52.0% per year).

Import Prices by Country

In 2021, the average organ extracts import price amounted to $X per ton, increasing by 13% against the previous year. Over the period under review, the import price recorded a notable increase. The pace of growth appeared the most rapid in 2018 an increase of 81% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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