Kazakhstan: Sorghum Market 2024

Sorghum Market Size in Kazakhstan

The Kazakh sorghum market declined to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption, however, showed a significant expansion. Sorghum consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Sorghum Production in Kazakhstan

In value terms, sorghum production fell to $X in 2022 estimated in export price. Overall, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 436%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

In 2022, the average sorghum yield in Kazakhstan was estimated at X kg per ha, with an increase of 4% compared with the year before. Over the period under review, the yield recorded a measured increase. The pace of growth appeared the most rapid in 2014 when the yield increased by 136% against the previous year. Over the period under review, the average sorghum yield hit record highs at X kg per ha in 2018; however, from 2019 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sorghum harvested area in Kazakhstan declined to X ha in 2022, with a decrease of -6.8% against the year before. In general, the harvested area, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when the harvested area increased by 181% against the previous year. The sorghum harvested area peaked at X ha in 2021, and then contracted in the following year.

Sorghum Exports

Exports from Kazakhstan

In 2022, shipments abroad of sorghum increased by 66% to X tons, rising for the fourth consecutive year after four years of decline. Overall, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 759%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sorghum exports dropped rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 387%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for sorghum exports from Kazakhstan, with a approx. 100% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of volume to Turkey stood at +65.9%.

In value terms, Turkey ($X) also remains the key foreign market for sorghum exports from Kazakhstan.

From 2014 to 2022, the average annual rate of growth in terms of value to Turkey stood at -60.7%.

Export Prices by Country

The average sorghum export price stood at $X per ton in 2022, waning by -76.4% against the previous year. In general, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 17% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2014 to 2022, the rate of growth in terms of prices for Russia amounted to +10.6% per year.

Sorghum Imports

Imports into Kazakhstan

For the fourth year in a row, Kazakhstan recorded growth in purchases abroad of sorghum, which increased by 42% to X tons in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 1,956%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sorghum imports surged to $X in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 3,172%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Russia (X tons) was the main supplier of sorghum to Kazakhstan, with a 96% share of total imports. It was followed by France (X tons), with a 2.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +40.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+48.4% per year) and the United States (-32.2% per year).

In value terms, Russia ($X) constituted the largest supplier of sorghum to Kazakhstan, comprising 80% of total imports. The second position in the ranking was held by France ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at +35.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+46.8% per year) and the United States (-29.3% per year).

Import Prices by Country

In 2022, the average sorghum import price amounted to $X per ton, with an increase of 16% against the previous year. In general, the import price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2014 an increase of 74% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 France ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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