Life is not sweet: honey production in Kazakhstan has decreased by a third, and its price has increased by 10% in a year

Published 2024년 9월 11일

Tridge summary

In August 2024, honey prices in Kazakhstan increased by 1.2% from the previous month and 10.4% from the previous year, with significant regional variations. Honey production from January to July 2024 dropped to 91 tons from 132 tons the previous year, primarily in Shymkent. By the end of 2023, honey sales surged to 33 thousand centners, a 2.3-fold increase. The average honey price was 3,000 tenge per kg, with the highest in Kyzylorda and the lowest in Almaty. The total value of sold products reached 1.4 billion tenge for agricultural formations, 602.1 million tenge for agricultural enterprises, and 787.9 million tenge for individual entrepreneurs. Gross profit rose for agricultural formations and individual entrepreneurs but fell for agricultural enterprises, with the highest profitability seen in individual entrepreneurs from Karaganda, Pavlodar, and Aktobe regions, and North Kazakhstan leading among agricultural enterprises.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In August 2024, honey prices in Kazakhstan increased by 1.2% compared to the previous month and by 10.4% compared to the same period last year. This was reported by the industry analytical portal Energyprom.kz. According to the information, in January-July 2024, only 91 tons of honey were produced in the country, compared to 132 tons a year earlier. The bulk came from Shymkent - 82 tons. 4 tons of honey were produced in Almaty and in the North Kazakhstan region, another 1 ton - in the Kostanay region. In total, by the end of 2023, 33 thousand centners of honey were sold in Kazakhstan - 2.3 times more than a year earlier. In particular, sales of agricultural enterprises increased by 2.3 times, to 16.5 thousand centners, agricultural enterprises - by 23.3%, to 5.9 thousand centners, and individual entrepreneurs and peasant or farm households - by 4.6 times, to 10.6 thousand centners. As for honey prices, in monthly dynamics, an increase in prices was noted in 7 of the 20 regions of ...
Source: Agrosektor

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