Kazakhstan: Lysine Market 2024

Lysine Market Size in Kazakhstan

The Kazakh lysine market surged to $X in 2022, picking up by 27% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.5% 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 +98.6% against 2016 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the near future.

Lysine Production in Kazakhstan

In value terms, lysine production rose notably to $X in 2022 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 45%. Lysine production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Lysine Exports

Exports from Kazakhstan

In 2022, shipments abroad of lysine and its esters, and salts thereof was finally on the rise to reach X tons after two years of decline. Overall, exports continue to indicate a strong expansion. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, lysine exports surged to $X in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for lysine exports from Kazakhstan, accounting for a 100% share of total exports. It was followed by Kyrgyzstan (X tons), with a 0.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +173.5%.

In value terms, Russia ($X) remains the key foreign market for lysine and its esters, and salts thereof exports from Kazakhstan, comprising 100% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 0.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia totaled +239.2%.

Export Prices by Country

In 2022, the average lysine export price amounted to $X per ton, picking up by 22% against the previous year. Overall, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 110%. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+24.0%).

Lysine Imports

Imports into Kazakhstan

In 2022, after two years of decline, there was significant growth in supplies from abroad of lysine and its esters, and salts thereof, when their volume increased by 318% to X tons. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2014 when imports increased by 491%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, lysine imports skyrocketed to $X in 2022. In general, imports enjoyed a strong increase. The growth pace was the most rapid in 2014 with an increase of 237%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest lysine supplier to Kazakhstan, with a 85% share of total imports. Moreover, lysine imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold. Brazil (X tons) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +53.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+46.5% per year) and Brazil (+29.5% per year).

In value terms, China ($X) constituted the largest supplier of lysine and its esters, and salts thereof to Kazakhstan, comprising 71% of total imports. The second position in the ranking was taken by South Korea ($X), with a 13% share of total imports. It was followed by Brazil, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +37.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+46.3% per year) and Brazil (+36.6% per year).

Import Prices by Country

In 2022, the average lysine import price amounted to $X per ton, falling by -25.3% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 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 South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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