In 2022/23 MY, Kazakhstan exported almost 8 million tons of wheat
Market & Price Trends
Published Nov 1, 2023
Kazakhstan set a record by exporting 7.975 million tons of wheat in the 2022/23 season, a substantial increase from the previous two seasons. The top importers of Kazakh wheat in the last season included Turkmenistan, Italy, China, and Azerbaijan, while Iran reduced its purchases. Russia has been replacing Kazakhstan in the grain market due to its cheaper offerings. In the current season, Uzbekistan, Tajikistan, China, and Italy continue to be active buyers of Kazakh wheat, with September exports already surpassing the previous season by 13%.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
In MY 2021/22, Kazakhstan supplied 5.748 million tons of wheat to foreign markets, in MY 2020/21 – 5.907 million tons. The rotation in the list of top importers also looks interesting. The top three importers of Kazakh wheat at the end of last season included: Turkmenistan took 4th place in the list of top importers, purchasing 540.5 thousand tons of Kazakh wheat (versus 418 thousand tons and 38 thousand tons in the two previous seasons, respectively). Italy unexpectedly took 5th place with an indicator of 449.6 thousand tons (versus 283 and 108 thousand tons, respectively). It should be noted that in the second half of the 2022/23 MY, China significantly intensified its purchases of Kazakh wheat, ultimately importing 415.45 thousand tons of grain for the entire season and thus winning 6th place in the ranking of buyers. Azerbaijan also increased imports of wheat from Kazakhstan – up to 276 thousand tons (against 190 thousand tons and 35 thousand tons, respectively). Iran, on the ...