Kazakhstan: Sugar Market 2022

Sugar Market Size in Kazakhstan

For the sixth consecutive year, the Kazakh sugar market recorded growth in sales value, which increased by 14% to $X in 2021. Overall, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +85.5% against 2012 indices. Sugar consumption peaked in 2021 and is expected to retain growth in the near future.

Sugar Production in Kazakhstan

In value terms, sugar production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, showed a strong expansion. The growth pace was the most rapid in 2016 when the production volume increased by 95% against the previous year. Sugar production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

The average yield of sugar in Kazakhstan stood at less than X kg per ha in 2021, leveling off at 2020. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the sugar harvested area in Kazakhstan totaled less than X ha, leveling off at 2020. Overall, the harvested area recorded a relatively flat trend pattern.

Sugar Exports

Exports from Kazakhstan

Sugar exports from Kazakhstan declined markedly to X tons in 2021, with a decrease of -75.8% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 1,078% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, sugar exports declined markedly to $X in 2021. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 849%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Uzbekistan (X tons) was the main destination for sugar exports from Kazakhstan, accounting for a 93% share of total exports. Moreover, sugar exports to Uzbekistan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), more than tenfold. Russia (X tons) ranked third in terms of total exports with a 1.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uzbekistan totaled +21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (-21.4% per year) and Russia (+24.4% per year).

In value terms, Uzbekistan ($X) remains the key foreign market for sugar exports from Kazakhstan, comprising 93% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 3.7% share of total exports. It was followed by Russia, with a 2% share.

From 2012 to 2021, the average annual growth rate of value to Uzbekistan stood at +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (-21.2% per year) and Russia (+17.9% per year).

Export Prices by Country

The average sugar export price stood at $X per ton in 2021, jumping by 51% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while the average price for exports to Afghanistan ($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 (+0.3%), while the prices for the other major destinations experienced a decline.

Sugar Imports

Imports into Kazakhstan

In 2021, the amount of sugar imported into Kazakhstan declined dramatically to X tons, with a decrease of -17.5% compared with the previous year's figure. In general, imports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2020 with an increase of 18%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, sugar imports expanded notably to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +106.1% against 2012 indices. The pace of growth was the most pronounced in 2020 when imports increased by 15%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Russia (X tons), Brazil (X tons) and Belarus (X tons) were the main suppliers of sugar imports to Kazakhstan, with a combined 91% share of total imports.

From 2012 to 2021, the biggest increases were in Russia (with a CAGR of +15.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Brazil ($X) constituted the largest supplier of sugar to Kazakhstan, comprising 80% of total imports. The second position in the ranking was held by Russia ($X), with a 13% share of total imports. It was followed by Belarus, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value from Brazil totaled +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+12.8% per year) and Belarus (+5.0% per year).

Import Prices by Country

The average sugar import price stood at $X per ton in 2021, surging by 39% against the previous year. In general, the import price continues to indicate buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+23.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform