Kazakhstan: Preserved Mackerel Market 2024

Preserved Mackerel Market Size in Kazakhstan

In 2021, the Kazakh preserved mackerel market decreased by -1.5% to $X, falling for the third consecutive year after three years of growth. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Preserved mackerel consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Preserved Mackerel Production in Kazakhstan

In value terms, preserved mackerel production rose modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 31%. Preserved mackerel production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Preserved Mackerel Exports

Exports from Kazakhstan

In 2021, the amount of mackerel (prepared or preserved) exported from Kazakhstan contracted sharply to X tons, which is down by -27.3% compared with the previous year. Over the period under review, exports faced a dramatic curtailment. The smallest decline of -17.6% was in 2014. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, preserved mackerel exports fell modestly to $X in 2021. Overall, exports saw a dramatic setback. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kyrgyzstan (X tons) was the main destination for preserved mackerel exports from Kazakhstan, with a 74% share of total exports. Moreover, preserved mackerel exports to Kyrgyzstan exceeded the volume sent to the second major destination, Tajikistan (X kg), fourfold. Uzbekistan (X kg) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kyrgyzstan amounted to -30.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (0.0% per year) and Uzbekistan (-43.9% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for mackerel (prepared or preserved) exports from Kazakhstan, comprising 87% of total exports. The second position in the ranking was held by Tajikistan ($X), with an 8.8% share of total exports. It was followed by Uzbekistan, with a 2.3% share.

From 2012 to 2021, the average annual growth rate of value to Kyrgyzstan stood at -27.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (0.0% per year) and Uzbekistan (-43.1% per year).

Export Prices by Country

The average preserved mackerel export price stood at $X per ton in 2021, picking up by 34% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Mackerel Imports

Imports into Kazakhstan

After two years of growth, overseas purchases of mackerel (prepared or preserved) decreased by -52.6% to X tons in 2021. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 82% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, preserved mackerel imports reduced markedly to $X in 2021. Over the period under review, imports recorded a pronounced slump. The pace of growth was the most pronounced in 2020 with an increase of 69%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) constituted the largest preserved mackerel supplier to Kazakhstan, with a 75% share of total imports. Moreover, preserved mackerel imports from Russia exceeded the figures recorded by the second-largest supplier, Latvia (X tons), sevenfold. Thailand (X tons) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (-29.5% per year) and Thailand (-18.3% per year).

In value terms, Russia ($X) constituted the largest supplier of mackerel (prepared or preserved) to Kazakhstan, comprising 76% of total imports. The second position in the ranking was held by Thailand ($X), with a 12% share of total imports. It was followed by Latvia, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from Russia stood at +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-6.6% per year) and Latvia (-26.3% per year).

Import Prices by Country

In 2021, the average preserved mackerel import price amounted to $X per ton, rising by 42% against the previous year. In general, the import price continues to indicate prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Thailand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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