Kazakhstan may be left without flour and without money

Published Jun 17, 2024

Tridge summary

Kazakhstan's flour exports increased by 4% in volume but decreased by 15% in value. From January to April 2023, production was 1.1 million tons, down 4.9% from the previous year. Kostanay, North Kazakhstan, and Shymkent were the top production regions, contributing 54.7% of the total. Local companies supplied 97.1% of the demand, with imports rising to 22.4 thousand tons. Exports grew by 3.9% to 471.6 thousand tons, mainly to CIS countries and Afghanistan, while domestic sales dropped by 5.3%. Flour prices increased by 0.8% monthly and 5.9% annually, with the highest rise in Almaty and the lowest in North Kazakhstan.

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

Original content

Exports of flour from the Republic of Kazakhstan in physical terms increased by 4%, but in terms of money they immediately dropped by 15%, the My City portal calculated. In January–April of this year, Kazakhstan produced 1.1 million tons of flour - 4.9% less than a year earlier. The leading regions in production following the results of four months were Kostanay (326 thousand tons) and North Kazakhstan regions (153.4 thousand tons), as well as Shymkent (112.5 thousand tons). The top three together accounted for 54.7% of total production. In terms of product types, the largest volume of output fell on finely ground flour from wheat and meslin (a mixture of wheat and rye): 1 million tons. Another 64.3 thousand tons were the production of mixtures for preparing bakery products, 1.9 thousand tons were the production of fine and coarse vegetable flour, 3 thousand tons were the production of flour from other grain crops. At the end of the first quarter of this year, local companies ...

Source: Zol