Kazakhstan loses flour exports
The Ministry of Agriculture of Kazakhstan notes a positive trend in the volume of processed product exports. Such categories as vegetable oil and meat products are in the positive. However, flour was in the negative.
“Currently, there is a positive trend in the growth of the dynamics of processed product exports. Thus, in 2024, the growth was almost 15% – $ 2.7 billion. In 2023 – $ 2.3 billion. At the same time, the share of processed products in total exports increased from 42% to 52%,” the Ministry of Agriculture reported.
The volume of vegetable oil exports increased by 29% and amounted to about 500 thousand tons. Flour confectionery in physical terms – an increase of almost 12% – up to 21 thousand tons.
In terms of processed livestock products, good export indicators are observed for sausages: 2023 – 344 tons, 2024 – 507 tons. Beef: 2023 – 15.6 thousand tons, 2024 – 21.6 thousand tons. Lamb: 2023 – 7.9 thousand tons, 2024 – 17.6 thousand tons.
“At the same time, there is a decrease in flour exports by 4.6%,” the department noted, adding that in 2023, flour exports amounted to 1 million 962 thousand tons, in 2024 – 1 million 876 thousand tons.
As processors reported, the situation in the flour milling industry is stalemate. Flour is being replaced by grain in the main sales markets. In the coming years, Kazakhstan will finally lose the flour export market.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Romania proposes joint NATO command to protect the Black Sea
Drought in India threatens sugar and biofuel production
Record sunseed harvest in Russia threatens to drive down prices in Kazakhstan
Corn drying costs in Ukraine could exceed the value of the grain at current prices
Oilseeds remain the only profitable segment of crop production in Russia
Write to us
Our manager will contact you soon