Kazakhstan imported a record volume of wheat

According to the Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan, for July-September 2022/23, 463,47 thousand Tonnen Wheat imported into the Republic of Kazakhstan. That's not only 2,1 times the season so far, but also a record high in the history of observations.

Almost a monopoly supplier of Wheat after Kazakhstan is Russia, which in the reporting period 463.46.000 thousand tons Grains shipped, increasing shipments by 2,1 times the same period of the previous season.

The increase in exports of Russian wheat to Kazakhstan is due to the lower price of Russian Grains due to a significant surplus in the Russian Federation due to a good harvest due to a lower price. In addition, wheat exports from the Russian Federation are slower in the current season due to sanctions, which leads to the need to look for new markets.

It is forecast that the import volumes of wheat to the Republic of Kazakhstan may reach 2022 million tons in 23/1,5.

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