Kazakhstan to introduce temporary quotas on wheat and wheat flour exports

15/04/2022,

On 1 April 2022, the Government of Kazakhstan announced plans to introduce temporary quotas on wheat and wheat flour exports, with effect from 15 April to 15 June 2022. The quotas amount to 1 million tonnes and 300 000 tonnes for wheat grain and wheat flour, respectively.

In addition, exporters will be obliged to sell 10 percent of declared export volumes to the state purchasing company “Prodcorporation”, which in turn will redirect these purchases to cover the needs of local bakeries, flourmills, livestock and poultry farming.

The measure is intended to ensure adequate availability of wheat in the domestic market and to curb price increases amid rising global food prices.

 

Country: Kazakhstan