Kazakhstan: Flour export to Uzbekistan in 9 years fell 3.6 times

게시됨 2021년 8월 3일

Tridge 요약

The article highlights the diminishing market for Kazakhstani flour in Uzbekistan, attributed to Uzbekistan's strategy to boost its own flour production and a protective tariff policy. This protectionism, alongside fiscal incentives such as tax exemptions and affordable credit, have stimulated significant growth in Uzbekistan's flour industry, leading to a substantial decrease in flour imports from Kazakhstan by 3.6 times over nine years. Concurrently, Kazakhstan's wheat exports to Uzbekistan have seen a notable increase. With an anticipated population growth in Uzbekistan, the demand for flour is expected to rise, further diminishing the potential for Kazakhstani flour exports to the market.

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원본 콘텐츠

The prospects for the preservation of the Uzbek market for Kazakhstani flour exporters look very negative: the further development of their own production, coupled with the protectionist policy of the state, will lead to the displacement of imported flour. This opinion was expressed in the Grain Union of Kazakhstan, reports APK-Inform. “Until 2016, Uzbekistan was the main buyer of Kazakhstani flour. The maximum volumes of flour imports from Kazakhstan were recorded in the period 2010-2012, when Uzbekistan bought 1.05-1.221 million tons of flour. In the period 2016-2020. the country was actively increasing its own flour production facilities. The abolition of excise and VAT on grain imports, preferential taxation of new enterprises, cheap and long-term credit resources have led to a sharp increase in the entrepreneurial initiative of the population of Uzbekistan, which is clearly reflected in the flour-milling industry, ”the ZSK recalled. These actions of the state allowed ...

출처: Agrosektor