Production recovery sees Kazakhstan’s grain exports boom

Published 2023년 3월 16일

Tridge summary

Kazakhstan's grain production saw a significant increase in the last harvest due to favorable growing conditions, with winter and spring wheat production increasing by 39% to 16.4 million metric tonnes. This surge in production, coupled with strong international demand, has led to a rebound in exports. The government is now focused on rebuilding wheat stocks to avoid the need for temporary export quotas in the future. Despite a slight decrease in total oilseed production, corn and rice production also saw increases. Traditional customers in Central Asia are driving the solid demand for Kazakhstan's wheat and flour exports, with projections expecting the export pace to continue. Barley exports have also seen a significant increase, particularly to Iran and China.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Kazakhstan’s grain production rebounded dramatically last harvest thanks to far more favourable growing conditions than the previous season. The higher production and strong international demand for milling wheat and flour have seen exports rebound in the current marketing year, but the government will also be looking to rebuild wheat stocks to avoid a repeat of last year’s temporary export quotas. On January 31, 2023, Kazakhstan’s Bureau of National Statistics published its final 2022/23 crop report outlining the planted area, harvested area, yield and production for the country’s main crops. The Bureau pegged winter and spring wheat production at 16.4 million metric tonnes (Mt), up 39pc on the 11.8Mt produced in 2021/22, and the largest wheat output since the 2017/18 season. This came off a harvested area of 12.8 million hectares, up less than 1pc year-on-year. The 1.28 metric tonne per hectare (t/ha) yield was 38pc higher than the disastrous 2021 harvest. Barley output staged a ...

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