Year: 2024
Type: article
Abstract: The authors of the article carried out a study of the current state of the food and processing industry of Kazakhstan, which is characterized by high competition, changes in the structure of processing, the need to ensure food security and sustainable development of the industry. The main sub-sectors - meat, dairy, flour-milling and oil and fat industries - demonstrate a reduction in the number of enterprises due to the lack of raw materials and processing capacity. The importance of realizing the task of supplying the population with food, and providing agricultural producers with accessible markets for their products is the basis for an in-depth and comprehensive study, assessment and location of processing enterprises. The aim is to analyze current trends, identify key problems and develop proposals to increase the capacity of the processing industry. Methods - statistical and economic analysis, correlation approach were used in determining the relationship between the volume of investment and production indicators, which allowed to argue the feasibility of increasing the volume of capital investment. Regression models were used to forecast the growth of production depending on the size of investment, this served as a basis for choosing the most effective directions of formation of financial resources. The structure of costs was considered while studying their influence on the cost of products and establishing the main factors of profitability increase. Results - insufficient capacity utilization (34-50 %), deficit of infrastructure for storage and import dependence, which, in turn, hinders the stability of the domestic market, are shown. Risks associated with the impact of external conditions, including currency fluctuations and sanctions, are also outlined. Conclusions - the authors recommend modernization of communications of processing complexes, expansion of logistics channels, creation of distribution centers and reduction of import supplies. This will make it possible to solve the issues of food independence of the republic and availability of domestic food products through import substitution and implementation of effective state support.
Source: Problems of AgriMarket
Institution: Al-Farabi Kazakh National University
Language: English
Subfield: Agronomy and Crop Science
Domain: Life Sciences
Open Access status: diamond
OpenAlex ID: W4406614682