Kazakhstan's chocolate confectionery production decreases

Baku, Azerbaijan, Jan. 31

By Rashid Shirinov – Trend:

Last year, Kazakh confectioners produced 105,300 tons of chocolate confectionery, which is 10 percent less than in 2017, Trend reports citing EnergyProm.kz.

At the same time, the production of flour confectionery increased by 3.5 percent year-on-year to 103,500 tons.

It should be noted that Rakhat (market share of 37 percent), and Bayan Sulu (21 percent) are leading companies in Kazakhstan in terms of production of sugar and flour confectionery.

In the segment of sugar confectionery, the share of Rakhat is 45 percent, and Bayan Sulu accounts for 29 percent. Meanwhile, in the segment of flour confectionery, Rakhat accounts for 20 percent, Hamle company Ltd for 17 percent, and Bayan Sulu for 12 percent of the market.

According to the results of the first 11 months of 2018, Kazakh confectioners exported 93,000 tons of sugar confectionery (annual growth of 1.5 times), $60.5 million in money (19.5 percent up). The main importers were Uzbekistan, Russia and Kyrgyzstan.

At the same time, exports of flour confectionery amounted to 42,100 tons (21.3 percent up year-on-year), $48.5 million in money (9.4 percent up). The largest volumes were exported to Russia, Kyrgyzstan and Tajikistan.

---

Follow the author on Twitter: @ShirinovRashid