Kazakhstan: Wheat exports in tons grew by 21%, in money – by only 3%
Wheat
Kazakhstan
Market & Price Trends
Published Jan 27, 2024
Tridge summary
From January to November 2023, Kazakhstan saw a significant increase in its wheat and meslin exports, with a volume growth of 20.6% to 6.7 million tons, and a monetary value increase of 2.9% to $1.7 billion. The majority of these exports were sent to CIS countries, particularly Uzbekistan, while China was the main importer among non-CIS countries. Despite the rise in exports, the prices for wheat and meslin experienced a decrease, falling by 4% month-over-month and 8% year-over-year.
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.
Original content
In January-November 2023, Kazakhstan exported 6.7 million tons of wheat and meslin for a total of $1.7 billion. The growth in natural terms was 20.6%, in monetary terms – only 2.9%. This information was provided by monitoring agency Energyprom.kz, citing official statistics. The leaders in imports were Uzbekistan, Tajikistan, Turkmenistan and China. Of the total exports of 6.7 million tons, the largest part of products – 4.8 million tons – was traditionally shipped to CIS countries. The growth of shipments to post-Soviet countries amounted to 19%. The main volumes went to Uzbekistan, where the largest volume of grain was exported – 3.3 million tons. In Tajikistan – 888 thousand tons, Turkmenistan – 528 thousand tons. In monetary terms, exports amounted to $1.2 billion. Kazakhstan shipped 1.9 million tons of wheat to other non-CIS countries – 24.3% more than a year earlier. China is the leader here – 519 thousand tons, compared to 23 thousand tons a year earlier. Italy – 497 ...
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