Kazakhstan: Fertilizer Market 2024

Fertilizer Market Size in Kazakhstan

The Kazakh fertilizer market skyrocketed to $X in 2022, with an increase of X% against the previous year. Overall, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fertilizer Production in Kazakhstan

In value terms, fertilizer production reached $X in 2022 estimated in export price. In general, production showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Fertilizer Exports

Exports from Kazakhstan

In 2022, approx. X tons of fertilizers were exported from Kazakhstan; with a decrease of X% on the previous year. Overall, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, fertilizer exports contracted to $X in 2022. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

Uzbekistan (X tons), Russia (X tons) and Poland (X tons) were the main destinations of fertilizer exports from Kazakhstan, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Russia ($X) and Poland ($X) constituted the largest markets for fertilizer exported from Kazakhstan worldwide, with a combined X% share of total exports. Ukraine, Afghanistan, Lithuania, Georgia, Kyrgyzstan and Belarus lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average fertilizer export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price enjoyed a measured expansion. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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

Fertilizer Imports

Imports into Kazakhstan

In 2022, fertilizer imports into Kazakhstan soared to X tons, with an increase of X% on the previous year's figure. Overall, imports showed buoyant growth. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, fertilizer imports soared to $X in 2022. Over the period under review, imports continue to indicate a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of fertilizer to Kazakhstan, accounting for a X% share of total imports. Moreover, fertilizer imports from Russia exceeded the figures recorded by the second-largest supplier, Uzbekistan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Israel (X% per year).

In value terms, Russia ($X) constituted the largest supplier of fertilizers to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Israel (X% per year).

Import Prices by Country

The average fertilizer import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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