• KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
22 December 2024

Viewing results 1 - 6 of 10

Kyrgyzstan Triples Ice Cream Exports

Kyrgyzstan has doubled its ice cream production in the last five years, and tripled its exports to other countries in the region. Last year, the country produced 10,800 tons of ice cream, up from 5,200 tons five years earlier. This increase is due to growing demand for Kyrgyz ice cream in other Eurasian countries, primarily Kazakhstan, Uzbekistan, and Russia. Exports to these countries have increased from 2,800 tons per year to 6,100 tons since 2019. “At the same time, imports of ice cream have shown good dynamics recently, and they have decreased from 2,788 tons (per year) to 1,969 tons. This indicates the substitution of imported products with domestic production,” said the Ministry of Agriculture of the Kyrgyz Republic. According to official data, Kyrgyzstan imports ice cream from Turkey, Belarus, and Lithuania. While a kilogram of ice cream from Russia costs 240 KGS ($3), Lithuania and Turkey ask an average of 570 KGS ($7). The cost of one kilogram of ice cream from Kyrgyzstan is just over 200 KGS ($2.5).

Kyrgyzstan Seeks to Increase Production and Export of Fish

On August 23, Bakyt Torobayev,  Minister of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan, attended ceremonies to launch the construction of two fish processing plants in the country’s northern Chui region. The first plant, to be built in the village of Leninskoye at the cost of over $4.3 million, will have an annual capacity is up to 3,000 tons of processed fish products (mainly trout) and up to 8,000 kg of black sturgeon caviar. When operational, the second in the village of Ak-Jol, will create 45 new jobs and have an annual production capacity of 1,000 tons of chilled trout, 1,000 tons of frozen trout, 800 tons of smoked fish, and 400 tons of dried fish. Kyrgyzstan currently produces about 30,000 tons of fish annually, of which only  5,000 tons are exported. Citing the fact that the country had conditions to produce 105 thousand tons and export 50 thousand tons of fish,  Torobayev recommended that emphasis be placed on the construction of processing enterprises. According to official statistics, in 2023, Kyrgyzstan produced 33,600 tons of fish and exported 5,556 tons of fish and fish products, mainly to Russia, Kazakhstan, Uzbekistan, and Lithuania. Fish (mainly trout) are produced in Kyrgyzstan at artificial ponds and fishery farms at lakes Issyk-Kul and Son-Kul.

Kazakhstan Bans Wheat Import to Protect Domestic Market

The Kazakh Ministry of Agriculture announced on August 20 a ban on importing wheat to Kazakhstan. This applies to all countries, including fellow members of the Eurasian Economic Union (Armenia, Belarus, Kyrgyzstan, and Russia). The ban applies from August 21 to December 31, 2024, and does not apply to the transit of wheat through Kazakhstan's territory. The ministry explained that the move was necessary to protect the domestic market. In the first half of this year, Kazakhstan imported 1.3 million tons of wheat, which is almost equal to the import volume for the entire 2023. The country's domestic market has sufficient wheat left over from last year's harvest. As of 1 July 2024, Kazakhstan had wheat reserves of 5.1 million tons, including 4 million tons for food. Due to favorable weather conditions during this year’s growing season, the ministry expects a good grain harvest, which would create an excess supply on the domestic grain market, considering the carryover stocks. Kazakhstan's total area under grain crops this year is 16.7 million hectares. Regarding wheat production, Kazakhstan is in 14th place in the world, with a production volume of more than 12 million tons per year. According to the Food and Agriculture Organization of the United Nations (FAO), Kazakhstan’s wheat production in 2023 stood at 12.1 million tons. Wheat exports in the 2023/24 marketing year (July/June) were estimated at 9 million tons.

Kazakhstan to Build the Largest Poultry Farm in CIS

On June 20, Chairman of the Management Board of Kazakh Invest, Yerzhan Yelekeyev, and Vice President of JSC Aitas KZ, Rabiga Tokseitova met to discuss the Kazakh company’s plans for the "Almaty Poultry Farm Zhetysu". As reported by Kazakh Invest, the project costing more than $600 million, will have the capacity to process 240,000 tons of poultry, including 100,000 tons of sausages and delicacies, for distribution to local and foreign markets. To be constructed in the region of Almaty, from 2025-29, the enterprise will become the largest poultry farm in the CIS (the Commonwealth of Independent States, which unites post-Soviet republics) and provide 6,000 new jobs. The Aitas holding company is a leading producer of poultry, covering around 43% of the local market. Its assets include Makinskaya, Central Asia’s largest poultry farm, and Kazakhstan’s oldest poultry farm Ust-Kamenogorsk, with a total capacity of 150,000 tons per year. It also owns Almaty Breeding Poultry Farm Nauryz Agro, which as the largest in the CIS, provides 80 million hatching eggs per year for broiler chickens.