Kazakhstan: Market for Flours, Meals And Pellets Of Fish 2025

Market Size for Flours, Meals And Pellets Of Fish in Kazakhstan

In 2021, the Kazakh fish meals and pellet market increased by 102% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a perceptible setback. Fish meals and pellet consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Flours, Meals And Pellets Of Fish in Kazakhstan

In value terms, fish meals and pellet production fell modestly to $X in 2021 estimated in export price. In general, the total production indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% 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 +2.5% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 43% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Flours, Meals And Pellets Of Fish

Exports from Kazakhstan

In 2021, overseas shipments of flours, meals and pellets of fish decreased by -25.2% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 137% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, fish meals and pellet exports soared to $X in 2021. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 255%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Belarus (X tons) was the main destination for fish meals and pellet exports from Kazakhstan, accounting for a 82% share of total exports. Moreover, fish meals and pellet exports to Belarus exceeded the volume sent to the second major destination, Russia (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belarus amounted to +32.1%.

In value terms, the largest markets for fish meals and pellet exported from Kazakhstan were Russia ($X) and Belarus ($X).

Belarus, with a CAGR of +51.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average fish meals and pellet export price stood at $X per ton in 2021, increasing by 77% against the previous year. In general, the export price continues to indicate strong growth. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Belarus totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+25.1%).

Imports of Flours, Meals And Pellets Of Fish

Imports into Kazakhstan

In 2021, fish meals and pellet imports into Kazakhstan soared to X tons, growing by 119% against the year before. Overall, imports enjoyed a strong increase. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, fish meals and pellet imports surged to $X in 2021. In general, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of fish meals and pellet to Kazakhstan, with a 70% share of total imports. Moreover, fish meals and pellet imports from Russia exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+5.9% per year) and Canada (+57.7% per year).

In value terms, Russia ($X), Indonesia ($X) and Canada ($X) appeared to be the largest fish meals and pellet suppliers to Kazakhstan, with a combined 99% share of total imports.

In terms of the main suppliers, Canada, with a CAGR of +37.7%, recorded the highest growth rate of 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 fish meals and pellet import price stood at $X per ton in 2021, increasing by 53% against the previous year. In general, the import price posted a temperate increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+25.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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