Kazakhstan - Rice Bran - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKazakhstan: Rice Bran Market 2024
Rice Bran Market Size in Kazakhstan
For the third year in a row, the Kazakh rice bran market recorded growth in sales value, which increased by 2% to $X in 2021. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.
Rice Bran Production in Kazakhstan
In value terms, rice bran production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the production volume increased by 26%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.
Rice Bran Exports
Exports from Kazakhstan
Rice bran exports from Kazakhstan shrank notably to X tons in 2021, with a decrease of -51.6% compared with 2020. In general, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2014 when exports increased by 472%. Over the period under review, the exports attained the peak figure at X tons in 2020, and then dropped markedly in the following year.
In value terms, rice bran exports dropped sharply to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 570% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then fell significantly in the following year.
Exports by Country
Kyrgyzstan (X tons) was the main destination for rice bran exports from Kazakhstan, with a 87% share of total exports. Moreover, rice bran exports to Kyrgyzstan exceeded the volume sent to the second major destination, Uzbekistan (X tons), eightfold.
From 2012 to 2021, the average annual growth rate of volume to Kyrgyzstan amounted to +38.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-6.3% per year) and Russia (-13.4% per year).
In value terms, Kyrgyzstan ($X) emerged as the key foreign market for rice bran exports from Kazakhstan, comprising 88% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 5.9% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Kyrgyzstan stood at +48.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-5.2% per year) and Russia (-15.0% per year).
Export Prices by Country
The average rice bran export price stood at $X per ton in 2021, increasing by 46% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, rice bran export price increased by +76.2% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Uzbekistan ($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 (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.
Rice Bran Imports
Imports into Kazakhstan
In 2021, supplies from abroad of rice bran decreased by -8.8% to X tons for the first time since 2011, thus ending a nine-year rising trend. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 166%. Imports peaked at X tons in 2020, and then reduced in the following year.
In value terms, rice bran imports declined rapidly to $X in 2021. In general, imports, however, posted prominent growth. The growth pace was the most rapid in 2014 when imports increased by 91%. Over the period under review, imports reached the peak figure at $X in 2020, and then declined markedly in the following year.
Imports by Country
In 2021, Russia (X tons) was the main rice bran supplier to Kazakhstan, accounting for a approx. 99.9% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +49.5%.
In value terms, Russia ($X) constituted the largest supplier of rice bran to Kazakhstan.
From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +19.4%.
Import Prices by Country
In 2021, the average rice bran import price amounted to $X per ton, declining by -15.3% against the previous year. Over the period under review, the import price saw a abrupt descent. The growth pace was the most rapid in 2017 when the average import price increased by 1.8% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -20.2% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the rice bran market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10614030 - Bran, sharps and other residues from the sifting, milling or other working of rice
Country coverage:
- Kazakhstan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kazakhstan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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