Kazakhstan - Honey - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Kazakhstan - Honey - Market Analysis, Forecast, Size, Trends and Insights

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Honey Price in Kazakhstan - 2021

Contents:

  1. Honey Price in Kazakhstan (CIF) - 2022
  2. Honey Price in Kazakhstan (FOB) - 2022
  3. Honey Imports in Kazakhstan
  4. Honey Exports in Kazakhstan

Honey Price in Kazakhstan (CIF) - 2022

In 2022, the average honey import price amounted to $2,356 per ton, with an increase of 33% against the previous year. In general, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 69%. As a result, import price reached the peak level of $4,245 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kyrgyzstan ($4,275 per ton), while the price for Russia totaled $2,322 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Honey Price in Kazakhstan (FOB) - 2022

The average honey export price stood at $3,147 per ton in 2022, jumping by 20% against the previous year. In general, the export price, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2014 an increase of 47%. As a result, the export price attained the peak level of $8,899 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($5,676 per ton), while the average price for exports to Uzbekistan ($1,809 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Honey Imports in Kazakhstan

In 2022, supplies from abroad of honey decreased by -32.2% to 289 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 186% against the previous year. As a result, imports reached the peak of 472 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, honey imports dropped to $680K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 92% against the previous year. As a result, imports reached the peak of $821K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Honey in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia39478972066118.8%
Kyrgyzstan26.38.127.715.2-16.7%
Others7.224.54.44.2-16.4%
Total42882175268016.7%

Top Suppliers of Honey to Kazakhstan in 2022:

  1. Russia (284.6 tons)
  2. Kyrgyzstan (3.5 tons)

Honey Exports in Kazakhstan

In 2022, overseas shipments of honey decreased by -70.9% to 49 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 14%. As a result, the exports reached the peak of 173 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, honey exports contracted markedly to $153K in 2022. Overall, exports recorded a dramatic descent. The smallest decline of -6% was in 2021.

Export of Honey in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia124108N/A51.7-25.3%
China91.771.775.742.6-22.6%
Uzbekistan15.011324926.020.1%
United Arab Emirates12213242.022.8-42.8%
Russia52.121.433.20.4-80.3%
United States71.1N/AN/AN/A0%
Others11117.136.69.2-56.4%
Total587464436153-36.1%

Top Export Markets for Honey from Kazakhstan in 2022:

  1. China (18.6 tons)
  2. Uzbekistan (14.4 tons)
  3. Saudi Arabia (10.8 tons)
  4. United Arab Emirates (4.2 tons)
  5. Russia (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the honey market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1182 - Honey

Country coverage:

  • Kazakhstan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Kazakhstan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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