Kazakhstan: Maize Market 2024

Maize Market Size in Kazakhstan

In 2022, the Kazakh maize market decreased by -0.6% to $X for the first time since 2016, thus ending a five-year rising trend. In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +50.4% against 2016 indices. Maize consumption peaked at $X in 2021, and then dropped modestly in the following year.

Maize Production in Kazakhstan

In value terms, maize production totaled $X in 2022 estimated in export price. Overall, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.9% 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 -4.9% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 40%. Maize production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of maize in Kazakhstan fell slightly to X tons per ha in 2022, remaining stable against 2021 figures. The yield figure increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the yield increased by 5.9% against the previous year. The maize yield peaked at X tons per ha in 2021, and then fell slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The maize harvested area in Kazakhstan contracted to X ha in 2022, which is down by -6.9% compared with the previous year. Over the period under review, the total harvested area indicated a prominent expansion from 2012 to 2022: its figure increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maize harvested area increased by +27.6% against 2015 indices. The most prominent rate of growth was recorded in 2014 with an increase of 17% against the previous year. Over the period under review, the harvested area dedicated to maize production attained the maximum at X ha in 2021, and then contracted in the following year.

Maize Exports

Exports from Kazakhstan

Maize exports from Kazakhstan shrank to X tons in 2022, waning by -9.8% compared with the previous year's figure. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2014 with an increase of 348%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, maize exports reached $X in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 398% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Uzbekistan (X tons) and Tajikistan (X tons) were the main destinations of maize exports from Kazakhstan.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +32.5%).

In value terms, Uzbekistan ($X) and Tajikistan ($X) constituted the largest markets for maize exported from Kazakhstan worldwide.

Among the main countries of destination, Uzbekistan, with a CAGR of +35.8%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average maize export price amounted to $X per ton, increasing by 18% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maize export price increased by +104.0% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 22% against the previous year. The export price peaked in 2022 and is expected to retain 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 Tajikistan ($X per ton), while the average price for exports to Uzbekistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+4.8%).

Maize Imports

Imports into Kazakhstan

Maize imports into Kazakhstan surged to X tons in 2022, jumping by 58% against the year before. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 158%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, maize imports skyrocketed to $X in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 129% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of maize to Kazakhstan, accounting for a 70% share of total imports. Moreover, maize imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), eightfold. Italy (X tons) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +27.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+29.7% per year) and Italy (+26.2% per year).

In value terms, Turkey ($X), Russia ($X) and Italy ($X) were the largest maize suppliers to Kazakhstan, together comprising 57% of total imports. France, Austria, Romania, Ukraine and the United States lagged somewhat behind, together accounting for a further 29%.

Among the main suppliers, Austria, with a CAGR of +44.6%, recorded the highest rates of growth with regard to 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

In 2022, the average maize import price amounted to $X per ton, with an increase of 10% against the previous year. Overall, the import price continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 40% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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