During 4 recent years, Kazakhstan increased its supplies of durum wheat on the global market – from 170 thsd tonnes in 2014, to 450 thsd tonnes in 2017, declared the Senior Consultant at Aretè Research&Consulting in Economics, Filippo Bertuzzi in his report at the conference KazGrain 2018 in Astana, on March 16.
According to him, the upward trend developed, due to increasing of the shipment volumes to Italy and Turkey, which managed to somewhat compensate the reduction of Kazakh durum purchases by Russia.
However, there were no structural changes in the geography of the grain exports and trade patterns. Therefore, a longer term strategy is pivotal, to support and improve the current trend for Kazakh durum exports and expand the sales markets for Kazakh producers and exporters, as well as a deep understanding of the demand features and market positioning and continuous analysis of the market situation, added the speaker.
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