For the first quarter of 2021, the export of Kazakhstani pasta broke records - 14.6 thousand tons

Published 2021년 6월 15일

Tridge summary

In the first quarter of 2021, Kazakhstan witnessed a significant growth in pasta exports, reaching a record 14.6 thousand tons with a value of 13.4 million USD, marking a 46% increase from the previous year and double the quarter's value from 2019. The main importers were Russia, Uzbekistan, Kyrgyzstan, and Tajikistan. This surge is primarily due to a rise in export prices, influenced by high global wheat and cereal prices, rather than an increase in production, which saw a 14% decrease to 37.6 thousand tons. This situation has led to higher prices in the domestic market and a rise in pasta imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For the first quarter of 2021, the export of Kazakhstani pasta showed a record result - 14.6 thousand tons, or 13.4 million USD in foreign exchange earnings. This result is 46% more than in the same period in 2020 and 2.2 times higher than in the first quarter of 2019 in value terms. This is reported on the website tradereport.kz. According to the information, the main consumers of Kazakhstani macaroni in January-March 2021 are Russia - 5.5 million USD (+ 55%), Uzbekistan - 3.3 million USD (+ 2.2 rubles), Kyrgyzstan - 1, 0 million USD (-4%) and Tajikistan - 0.8 million USD (+ 59%). According to official statistics, there are about 20-25 operating exporting enterprises in Kazakhstan supplying pasta to foreign markets. “In general, the positive dynamics of pasta exports can be explained not by the growth of production in the country, but more by the increase in export prices, which is facilitated by the record high world prices for wheat and cereals. So, if in January-March 2020 the ...
Source: Agrosektor

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