Kazakhstan aims to free itself from dependence on shrinking grain and flour export markets

Published 2024년 11월 27일

Tridge summary

Kazakhstan's Deputy Prime Minister, Serik Zhumangarin, has emphasized the importance of rapid deep grain processing development due to the country's large grain harvest and export logistics challenges. This push aims to reduce reliance on shrinking export markets by diversifying and increasing the value of agricultural products. Despite challenges like decreasing demand in traditional export markets, there has been an increase in global demand for deep processing products. Kazakhstan already has three deep grain processing plants and is set to establish four more, with a total grain processing capacity of 1.1 million tons per year, set to commission by 2026 and 2027. These developments are expected to increase the share of processed agricultural products, expand the range of high added value products, and increase the volume of non-resource exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year's large grain harvest and difficulties in export logistics have once again highlighted the need for the rapid development of deep grain processing in the country. This was announced by Deputy Prime Minister of Kazakhstan Serik Zhumangarin. The Government believes that diversification and development of deep processing will reduce dependence on shrinking export markets, the APK News agency reports. Serik Zhumangarin noted that Kazakhstan produces an average of 14 million tons of wheat annually. The volume of consumption and processing within the country is 7.5-8.5 million tons, over 5 million tons are shipped for export, and carry-overs are up to 1.5 million tons per year. This year, Kazakhstan harvested 26.7 million tons of grain with an average yield of 16.1 c/ha, of which 19.8 million tons were wheat. For comparison, in 2023 it was 17.1 million tons of grain (wheat - 10.8 million tons) with a yield of 10.3 c/ha. With the increase in the volume of state support ...
Source: Zol

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