The agricultural sector accounts

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In this post we will consider the main indicators of the agricultural machinery and equipment market, its problems and dynamics.

Background

for about 6% of the gross domestic product and about 70% of the population’s consumption fund, ensuring food security and food independence of the country.

At the same time, the growth of production in this sector for 9 months of 2011 was about 10% (compared to the same period last year). Although 2010 as a whole showed negative dynamics (the index of physical volume of agriculture in 2010 was about 88%).

The development of agriculture promotes the development benin cell phone number list of many other industries that supply the means of production and consume or process agricultural products as raw materials, and also provide transport, trade and other services.

The agro-industrial complex (AIC) occupies one of the main places in the economy of Kazakhstan. The leading role in the AIC of the republic is given to agriculture. At the moment, mainly agriculture is developing at a normal pace. While the processing of agricultural products is at a lower level of development.

This industry is also one of the main employers, as a significant part of the population lives in rural areas. The average annual wage in agriculture is the lowest among all sectors of the economy.

Over the past 10 years, the share of agriculture in the country's GDP has averaged about 6%. But there is also a tendency for this figure to gradually decrease. Thus, over the first 9 months of 2011, the share of agriculture was only 4.5%.

The introduction of the Customs Union will have a positive impact on agricultural exporters and a negative impact on Kazakhstani producers and processors of agricultural products. The CU will help reduce transportation costs for domestic grain exporters, which in turn will increase the competitiveness of Kazakhstani grain. As for domestic producers, they will face tough competition from Russian and Belarusian companies.