Kazakhstan: Pig Fat Market 2020

Pig Fat Market Size in Kazakhstan

The revenue of the pig fat market in Kazakhstan amounted to $X in 2018, jumping by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Pig fat consumption peaked at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

Pig Fat Production in Kazakhstan

In value terms, pig fat production totaled $X in 2018 estimated in export prices. Overall, pig fat production continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2015 when production volume decreased by -X% against the previous year. Over the period under review, pig fat production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Pig Fat Exports

Exports from Kazakhstan

Pig fat exports from Kazakhstan amounted to X tons in 2018, picking up by X% against the previous year. Overall, pig fat exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, pig fat exports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, pig fat exports stood at $X in 2018. Over the period under review, pig fat exports continue to indicate an abrupt descent. The growth pace was the most rapid in 2013 with a decrease of -X% year-to-year. Over the period under review, pig fat exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Russia (X tons) was the main destination for pig fat exports from Kazakhstan, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Russia stood at +X%.

In value terms, Russia ($X) also remains the key foreign market for pig fat exports from Kazakhstan.

From 2007 to 2018, the average annual rate of growth in terms of value to Russia totaled -X%.

Export Prices by Country

The average pig fat export price stood at $X per ton in 2018, going down by -X% against the previous year. Overall, the pig fat export price continues to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2013 when the average export price decreased by -X% against the previous year. The export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2007 to 2018, the rate of growth in terms of prices for Russia amounted to -X% per year.

Pig Fat Imports

Imports into Kazakhstan

Pig fat imports into Kazakhstan totaled X tons in 2018, growing by X% against the previous year. In general, pig fat imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, pig fat imports totaled $X in 2018. Overall, pig fat imports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. In that year, pig fat imports attained their peak of $X. From 2015 to 2018, the growth of pig fat imports failed to regain its momentum.

Imports by Country

Lithuania (X tons), Canada (X tons) and the Netherlands (X tons) were the main suppliers of pig fat imports to Kazakhstan, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Lithuania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest pig fat suppliers to Kazakhstan were Russia ($X), Lithuania ($X) and Canada ($X), together accounting for X% of total imports. These countries were followed by the Netherlands, Bulgaria, the U.S., Austria, Germany and Denmark, which together accounted for a further X the main suppliers, Bulgaria (+X% per year) recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pig fat import price stood at $X per ton in 2018, shrinking by -X% against the previous year. Over the period under review, the pig fat import price continues to indicate a temperate drop. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Bulgaria ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Bulgaria, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :