Kazakhstan restoring the pace of barley exports

16.01.2017

Despite an increase in the country’s barley crop, barley exports from Kazakhstan were at a several-year low in the beginning of MY 2016/17, reports UkrAgroConsult.

As a reminder, last time a similar situation was seen in the season 2013/14, when wheat was prioritized – exports of this commodity were high in the first months of the season, whereas barley shipments only revived towards the latter half of the season.

However, as early as the third month of the current marketing year, Kazakh barley exports were restored to the pace observed in the same period last season. So, Kazakhstan exported 128.5 KMT of barley in November 2016 compared to 127.3 KMT in November 2015.

Of course, this is not enough yet to catch up with last season’s export pace. In Q1 2016/17, Kazakhstan shipped abroad 35% less barley than at the same time a year ago (201 KMT against 310 KMT in September-November 2015/16), informs UkrAgroConsult.

Traditionally, the top importer of Kazakh barley remains Iran with an 88% share in Kazakhstan’s barley exports. Similarly, supplies to Iran revived no sooner than in the third month of the season, therefore exports to this market also lag far behind last year (down 40%). 177.2 KMT of Kazakh barley was exported to Iran in the period under review (296.7 KMT in September-November 2015/16).

 

UkrAgroConsult

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