E-commerce in Kazakhstan is developing rapidly, sales in the sector are growing at double-digit rates. At the same time, all market participants remain the winners. For example, thanks
E-commerce in Kazakhstan is developing rapidly, sales in the sector are growing at double-digit rates. At the same time, all market participants remain the winners. For example, thanks
In Kazakhstan, gasoline prices have increased sharply. What affects the rise in fuel prices and will gasoline continue to become more expensive? Gasoline at Kazakhstan’s gas stations began
The national economy shrank by a record 2.6% in 2020 since the early 2000s, but the extent of the decline could have been more significant. The Government’s anti-crisis
2021 started positively for the oil market – oil rose in price after the next OPEC+ meeting, but the risks of destabilization are still high, since the higher
As of September 1, 2020, the total trade turnover of Kazakhstan amounted to 55.6 billion US dollars. At the same time, 29% of sales are in the EU
The ongoing crisis caused by the Coronavirus pandemic has shown how interconnected the economies of different countries with a commodity focus are. Now a ton of flax costs
The share of oil in the cost of gasoline is only 11-14%, so its cheapening slightly affects the retail cost of fuel. Nevertheless, prices will increase in the
But even in this situation, the accumulated international reserves of Kazakhstan will allow supporting the national economy for 15 years. That is, Kazakhstan has great potential to survive
Now the industry’s profitability is about 45 billion tenge. In the structure of GDP, light industry forms 0.2%, while domestic enterprises cover the consumer market by only 7%.
About 30% of sector profitability is lost due to high costs and low digitalization. For example, depreciation for certain types of transport infrastructure takes from 40% to 100%,