Kazakhstan: Breakfast Cereal Market 2024

Breakfast Cereal Market Size in Kazakhstan

The Kazakh breakfast cereal market declined to $X in 2023, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Breakfast Cereal Production in Kazakhstan

In value terms, breakfast cereal production shrank to $X in 2023 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2023, production failed to regain momentum.

Breakfast Cereal Exports

Exports from Kazakhstan

In 2023, the amount of breakfast cereals exported from Kazakhstan stood at X tons, rising by X% on 2022 figures. In general, exports showed resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, breakfast cereal exports fell to $X in 2023. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Kyrgyzstan (X tons) was the main destination for breakfast cereal exports from Kazakhstan, accounting for a X% share of total exports. Moreover, breakfast cereal exports to Kyrgyzstan exceeded the volume sent to the second major destination, Russia (X tons), twofold. Mongolia (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Kyrgyzstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Mongolia (X% per year).

In value terms, the largest markets for breakfast cereal exported from Kazakhstan were Kyrgyzstan ($X), Russia ($X) and Mongolia ($X), together comprising X% of total exports.

Among the main countries of destination, Mongolia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average breakfast cereal export price stood at $X per ton in 2023, dropping by X% against the previous year. In general, the export price recorded a mild decline. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Breakfast Cereal Imports

Imports into Kazakhstan

Breakfast cereal imports into Kazakhstan rose notably to X tons in 2023, growing by X% compared with the year before. In general, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, breakfast cereal imports surged to $X in 2023. Over the period under review, imports saw resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are likely to see gradual growth in the near future.

Imports by Country

In 2023, Russia (X tons) constituted the largest breakfast cereal supplier to Kazakhstan, with a X% share of total imports. Moreover, breakfast cereal imports from Russia exceeded the figures recorded by the second-largest supplier, Uzbekistan (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Turkey (X% per year).

In value terms, Russia ($X) constituted the largest supplier of breakfast cereals to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Poland (X% per year).

Import Prices by Country

The average breakfast cereal import price stood at $X per ton in 2023, growing by X% against the previous year. In general, the import price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform