Flour exports from Kazakhstan slowing in MY 2018/19

28.02.2019
In MY 2018/19, flour exports from Kazakhstan fell to a three-year low, reports UkrAgroConsult. 824.0 KMT of flour was shipped abroad in September-December 2018/19, or 11% less than in the same period last year.
 
Sharply increased prices for wheat, strong demand for the commodity in the neighboring markets (Uzbekistan, Tajikistan, Afghanistan), and raised freight rates for flour transportation caused a decline in Kazakh flour production and exports.
 
In addition, Uzbekistan, which has expanded flour production capacities, begins ousting Kazakh millers from key export markets such as Afghanistan. Remarkably, Uzbekistan produces flour from Kazakh wheat.
 
So, in September-December 2018/19, the top buyers of Kazakh flour – Afghanistan and Uzbekistan – reduced imports by 11.5% and 24.4%, respectively, compared with the same period last season.
 
However, Kazakh flour shipments to other traditional destinations are still on the rise: Tajikistan boosted purchases by 35%, Turkmenistan by 69%, and China by 323%.
 
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Grain" in the new innovative tool for agri market participants – AgriSupp.com by UkrAgroConsult. We offer 2-week trial! Completely free!
 
 
 
 

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