What is the price of margarine per kilogram/pound in Kazakhstan today?
The retail price range for Kazakhstan margarine is between US$ 2.69 and US$ 4.32 per kilogram or between US$ 1.22 and US$ 1.96 per pound(lb). Click here to see today's exact prices of margarine in Kazakhstan
The retail price range in Tenge for margarine is between KZT 1,204.13 and KZT 1,935.20 per kilogram or between KZT 546.09 and KZT 877.64 per pound(lb) in Nur-Sultan and Almaty.
Wholesale prices
In 2024, the approximate wholesale price range for Kazakhstan margarine is between US$ 1.88 and US$ 3.02 per kilogram or between US$ 0.85 and US$ 1.37 per pound(lb).
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Kazakhstan Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Kazakhstan over the last five years has seen a steady decline. In 2016, the price was $0.89, followed by $0.95 in 2017, $0.88 in 2018, $0.71 in 2019, and $0.83 in 2020. The price then increased to $1.12 in 2021. Based on this trend, it is predicted that the export price per kilogram of Margarine from Kazakhstan will be $0.77 in 2023 and $0.71 in 2024.The Kazakhstan margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
Kazakhstan Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Kazakhstan over the last five years has seen a steady decline. In 2016, the price was $0.89, followed by $0.95 in 2017, $0.88 in 2018, $0.71 in 2019, and $0.83 in 2020. This downward trend was reversed in 2021, with the price increasing to $1.12. Based on this trend, it is likely that the import price per kilogram of Margarine into Kazakhstan will continue to increase in the coming years, with an estimated price of $1.25 in 2023 and $1.38 in 2024.Export values for Kazakhstan margarine
The total values in export for margarine in Kazakhstan were US$ 4,633, US$ 6,248, US$ 7,911 and US$ 6,133 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kazakhstan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of margarine in other countries across Asia: Kazakhstan margarine, Kyrgyzstan margarine, Tajikistan margarine, Turkmenistan margarine, Uzbekistan margarine, China margarine, Hong Kong margarine, Macao margarine, North Korea margarine & Mongolia margarine.
Kazakhstan margarine - Production, Exports, Imports, Seasons and HS Codes
The volume of margarine exported by Kazakhstan in 2020 was 7,059 metric tonnes. In 2019 Kazakhstan shipped 8,620 tonnes of margarine. For 2019 alone, the demand for Kazakhstan margarine (processed category) has shrunk, changing by -3.623 pc compared to the year 2018. Between 2017 and 2019, margarine's exports grew by 31.2 pc bringing the country US$6.13m for the year 2019. Kazakhstan's margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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Kazakhstan margarine export values
In 2019, Kazakhstan supplied margarine worth 6.13m USD, a decrease of -22.51% from 2018's total margarine export of 7.911m USD. The yearly reduction in value of Kazakhstan margarine between 2017 to 2018 was 26.617%.
The annual/yearly change in the volume of Kazakhstan's margarine exports between 2017 and 2019 was 31.2 percent when compared to a variation of -3.623% in the growth rate between 2018 and 2019.
Kazakhstan's stake of the world's total margarine's exports in 2019 was less than 1%. Kazakhstan holds position 44 in world exports of margarine.
Export markets for Kazakhstan margarine ( in '000$ )
Kazakhstan's leading export markets for margarine are Kyrgyzstan, Russia, Turkmenistan, Uzbekistan and Armenia.
Import/Export Trends
Kazakhstan is a net importer of margarine. The annual growth of Kazakhstan margarine in value between 2015 to 2019 was 35%, per annum, while annual growth in quantity through the same period was 21%, per annum.
Kazakhstan procured 13,343 tonnes of margarine in 2019.