Kazakhstan: Yoghurt Market 2024

Yoghurt Market Size in Kazakhstan

The Kazakh yoghurt market dropped slightly to $X in 2022, flattening at the previous year. Over the period under review, consumption recorded a pronounced reduction. Yoghurt consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Yoghurt Production in Kazakhstan

In value terms, yoghurt production rose modestly to $X in 2022 estimated in export price. In general, production, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 when the production volume increased by 12% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Yoghurt Exports

Exports from Kazakhstan

Yoghurt exports from Kazakhstan soared to X tons in 2022, picking up by 22% on 2021. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 342% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, yoghurt exports skyrocketed to $X in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 260%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons), Uzbekistan (X tons) and Mongolia (X tons) were the main destinations of yoghurt exports from Kazakhstan, with a combined 88% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +103.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for yoghurt exported from Kazakhstan were Russia ($X), Uzbekistan ($X) and Mongolia ($X), with a combined 88% share of total exports.

In terms of the main countries of destination, Mongolia, with a CAGR of +74.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average yoghurt export price stood at $X per ton in 2022, dropping by -2.7% against the previous year. In general, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 22% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Yoghurt Imports

Imports into Kazakhstan

In 2022, after three years of growth, there was decline in supplies from abroad of yoghurt, when their volume decreased by -3% to X tons. Over the period under review, imports, however, saw a pronounced increase. The pace of growth was the most pronounced in 2017 when imports increased by 61% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted modestly in the following year.

In value terms, yoghurt imports reduced to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 75%. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Russia (X tons) was the main yoghurt supplier to Kazakhstan, accounting for a 92% share of total imports. Moreover, yoghurt imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X tons), more than tenfold. Kyrgyzstan (X tons) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+7.1% per year) and Kyrgyzstan (-7.8% per year).

In value terms, Russia ($X) constituted the largest supplier of yoghurt to Kazakhstan, comprising 88% of total imports. The second position in the ranking was held by Belarus ($X), with an 8.3% share of total imports. It was followed by Kyrgyzstan, with a 2.2% share.

From 2012 to 2022, the average annual growth rate of value from Russia totaled +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+10.5% per year) and Kyrgyzstan (-1.3% per year).

Import Prices by Country

In 2022, the average yoghurt import price amounted to $X per ton, reducing by -4.4% against the previous year. In general, the import price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 10% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood 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 Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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