BLOG

Kazakhstan exports soar on near-record production

01 April 20231 min reading

Kazakhstan wheat production is forecast at 16.4 million tons in 2022/23, its largest crop since the 22.7-million-ton record in 2011/12. With ample supplies, Kazakhstan wheat exports are forecast to reach 10.5 million tons, up 2.0 million from the previous year.

Kazakhstan is a major supplier of both wheat grain and flour to Central Asia, capturing nearly 100 percent market share in Uzbekistan, Tajikistan, and Turkmenistan. Neighboring Uzbekistan is the largest consumer of Kazakhstan wheat, which supplements its domestic production with Kazakhstani supplies. Kazakhstan also competes with Russia in Iran and Azerbaijan.

So far this trade year, Kazakhstan has shipped large volumes of wheat grain and flour into these traditional destinations, exporting over 1 million tons per month between October and December 2022. July-December exports to its top destinations are up 600,000 tons from the prior year, with the largest increases for Afghanistan and Azerbaijan.

Given abundant supplies from both Kazakhstan and Russia, imports for Afghanistan, Azerbaijan, Kyrgyzstan, Tajikistan, and Uzbekistan are all revised higher in March. 2022/23 Kazakhstan wheat imports are also forecast up to 2 million tons to account for additional border trade with Russia.

Articles in News Category
11 November 20192 min reading

China to stabilise grain output at over 600 bln kg by 2020

China intends to stabilise its annual grain output at over 600 billion kg by 2020 to ensure basic s...

10 February 20161 min reading

Global Flour Market is growing of 4 percent

Estimates show that global flour market is growing of 4 percent and Europe is expected to lead the ...