Exporters of Kazakh grain have sharply reduced their sales revenues

Published 2024년 12월 18일

Tridge summary

Kazakhstan's grain growers experienced a significant decrease in revenue from wheat exports, with a 46% decrease bringing in $870 million from January to October, compared to $1.6 billion during the same period last year. The country's grain exports were reduced by 30%, with the majority of wheat exports going to Uzbekistan. Additionally, the export volume and value of barley also saw changes, with a 19% increase in volume but a 4% decrease in income. The main markets for barley were non-CIS countries, with China being the leading recipient.

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Original content

Kazakhstan grain growers earned 46% less from wheat exports than last year. According to statistics, in January-October, Kazakhstan reduced grain exports by 30%. Revenue amounted to $870 million. In this period last year, it was $1.6 billion, the APK News agency reports. The bulk of wheat exports from Kazakhstan went to Uzbekistan. In January-October 2024, Kazakhstan exported 4.3 million tons of wheat and meslin for a total of $870 million 977 thousand. In January-October 2023, 6 million tons of wheat and meslin were exported for $1 billion 624 million. The export figure for January-October 2024 as a percentage of the same period in 2023 in terms of wheat volume is 69% (a decrease of 31% - APK News), in terms of amount - 53.6% (a decrease in income of 46.4% - APK News). The bulk went to the CIS countries - 3.4 million tons. 2.4 million tons were sent to Uzbekistan. Tajikistan is in second place with an export volume of 887 thousand tons. 21 thousand tons were sent to ...

Source: Oilworld