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Potato reserves in Kazakhstan are sufficient for full domestic supply

Published Jan 20, 2025

Tridge summary

Due to increased demand from Uzbekistan and high export prices, Kazakhstan's potato exports have risen by 1.5 times, leading to a price surge in the domestic market. In response, the government has decided to limit potato exports to third countries for the next six months to stabilize domestic prices. This decision does not include exports to EAEU countries and includes a suspension of phytosanitary certificates for exports. The Ministry of Agriculture assures that there is enough potato reserve to meet domestic needs until the early harvest of 2025.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On behalf of the Prime Minister, the Ministries of Agriculture, Trade and Integration are constantly monitoring the situation in the country's potato market. Due to increased demand from neighboring countries, especially Uzbekistan, and high export prices this year, potato exports have increased by 1.5 times, from 411 thousand tons to 605 thousand tons. It is noted that the rush demand has affected the domestic market. Thus, over the past week, a sharp increase in prices has been recorded among export-oriented producers (from 170 to 270 tenge). In this regard, in order to stabilize potato prices in the domestic market, at a meeting of the Interdepartmental Commission on Trade Activities held on January 18, 2025, a decision was made to restrict the export of potatoes to third countries for a period of 6 months. This measure does not apply to the EAEU countries, but exports in this direction will be monitored. At the same time, given the current situation, on January 16 of this ...
Source: Agrosektor
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