Flour exports collapse in Kazakhstan; Russia increases shipments

Published 2024년 8월 21일

Tridge summary

Russia is becoming a major player in the flour milling industry, with significant growth in flour exports, particularly to China, which is expected to surpass 200 thousand tons by 2030. In contrast, Kazakhstan's flour exports have declined due to logistical issues and high costs, with the country struggling to compete in the global market. Despite these challenges, Kazakhstan remains a significant producer and exporter of flour, with Uzbekistan and Afghanistan as its main buyers. Meanwhile, Russia's flour production and exports are on the rise, benefiting from advanced logistics and lower production costs, making it a more competitive destination for flour in the region.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russia is rapidly developing flour milling production. Shipment volumes to China are increasing. According to official data, the potential for wheat flour exports to China will exceed 200 thousand tons by 2030. Meanwhile, millers in Kazakhstan have adopted a trend of reducing shipments. They say that they are becoming uncompetitive in the world market. Export volumes are maintained only due to feed flour, the APK Novosti agency reports. Flour exports from Russia in the 2023/2024 marketing year amounted to 1.1 million tons. The main buyers were Iraq, China and Afghanistan. According to data from the Agroexport Center under the Ministry of Agriculture of the Russian Federation, whose information is cited by zol.ru, Russia has set a course for China. The export potential to this country was estimated at 200-250 thousand tons. It is noted that in 2022, Russia was the leader in flour supplies to China. Then 31 thousand tons were shipped. In 2023, there was a sharp increase in exports ...

Source: Zol