Deputy Minister of Trade and Integration Kairat Torebayev reported on Kazakhstan's export potential in cereals at the Government session chaired by Prime Minister Olzhas Bektenov, primeminister.kz reports.
He said that Kazakhstan's export potential for cereals is estimated at 12 million tonnes, of which 7-7.5 million tonnes is wheat, barley - 1.4 million tonnes, corn - 300 thousand tonnes. For oilseeds, the potential is estimated at more than 1 million tonnes.
Kazakhstan will continue deliveries to the markets of Central Asia and Afghanistan, it is about 4.2 million tonnes. In general for cereals exports to China amounted to 1.43 million tonnes in 2023, showing growth of 5.5 times year-on-year," Kairat Torebayev said.
Deputy Minister also noted that wheat exports to China increased significantly, reaching 538.8 thousand tonnes in 2023, which is almost 15 times higher than the previous year.
This demonstrates the possibility of increasing supplies to China and Asian countries to 1.6 million tonnes of wheat. It is important to work through the issue of delays at the border due to the requirements of Chinese authorities, as well as complex conditions such as licences and quotas for imports of Kazakh grain in China," Kairat Torebayev added.
Deputy Minister also noted that with increasing global demand and decreasing harvests in a number of countries, the market of the European Union countries, such as Italy, Latvia, Spain, is interesting.
To Turkey and Middle East countries the export potential is almost 1 million tonnes of wheat.
It is important to restore supplies to the Iranian market, for barley we are now seeing dynamics, issues of trade financing and logistics will be worked out. Work will be intensified to promote the brand of Kazakh wheat in new markets such as: Pakistan, Indonesia, Brazil, Malaysia, where import growth is predicted," Kairat Torebayev emphasised.
The Ministry together with the Food Corporation prepared country offers (offers) with indication of logistic routes and export prices. Negotiations were held and preliminary agreements were reached on the markets of Armenia - 600 thousand tonnes, Italy - 1 million tonnes. Negotiations on exports to North African countries are underway - 200 thousand tonnes.
In general, given the policy to increase the level of complexity of exported products, it is important to pay attention to grain processing. This in the long term can be a solution to many export problems," Kairat Torebayev explained.
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