Serik Zhumangarin: focus on microeconomics of enterprises will allow maintaining high growth rates
14.10.2025 10:57:34 121
The meeting of the Economic Growth Headquarters, chaired by Deputy Prime Minister and Minister of National Economy Serik Zhumangarin, reviewed the preliminary results of economic growth in key sectors over the past nine months.
Agricultural industry
According to the results of 8 months of 2025, gross output increased by 3.4% and amounted to about 3.6 trillion tenge. The forecast for 9 months is an increase of 2.3%.
The growth was provided by animal husbandry (+3.2%, 2.26 trillion tenge) and crop production (+4%, 1.25 trillion tenge). The next round of growth is expected in October due to the gross harvest of cereals, oilseeds and other crops.
Processing and food industry
Food production in 8 months increased by 10.1% (up to 2.5 trillion tenge), beverages – by 7.1% (813 billion tenge).
The growth was achieved by increasing sugar production (by 24%, to 122.8 thousand tons), canned meat (by 29.7%, to 5.8 thousand tons), vegetable oil (by 27%, to 595 thousand tons), sausage products (by 8.8%, to 51.2 thousand tons), butter (by 15%, to 25.2 thousand tons).
Food production is expected to grow by 10.9% and beverages by 7% in the first 9 months.
Mining industry
In January-August, 67.4 million tons of oil were produced (+13.4% compared to the same period in 2024). A significant increase in oil production was noted in Tengiz (+26.83 million tons, or +42% by 2024). Karachaganak produced 8.38 million tons (+4.6%) during this time. Production at Kashagan decreased by 1.9% to 12.16 million tons. The decrease in production is due to repair work.
Forecast for 9 months: oil production - 75.6 million tons (+13%), gas – 51.6 billion m3 (+17%). The 2025 gas plan is 62.8 billion m3 (+6.4%).
Oil refining in eight months amounted to 12.2 million tons (+5.6%), and 14 million tons (+5.9%) are expected by the end of September. Production of petroleum products for eight months – 10.2 million tons (+8.7%), for the year – 13.7 million tons.
Petrochemical industry: 418.9 thousand tons (+5%), forecast for the year – 590 thousand tons (+9.3%).
Trading
In 8 months, trade increased by 8.9% and amounted to 44.9 trillion tenge. In monetary terms, this is 14% more than a year earlier. The main contribution was made by Almaty (15.5 trillion tenge), Astana (6.6 trillion), Atyrau (4.8 trillion), Karaganda (2.8 trillion) regions and Shymkent (2.2 trillion).
The growth was mainly due to wholesale trade (+3.5 trillion tenge, 109.8% compared to last year). The share of non-food products in its structure increased from 80% to 82% (oil and petroleum products, pharmaceutical products, metallurgy, machinery, automobiles). The share of food products was 18% (grain, oils and fats, food, beverages).
In retail trade, the structure remained unchanged: 68% accounted for non–food products (+1.4 trillion), 32% for food products (+0.6 trillion).
Transport and logistics
The transport industry as a litmus test reflects the state of the economy and shows growth in most indicators. In January-August, the volume of services rendered in the field of transport and warehousing increased by 21.5%, with a 9–month forecast of 21.6%.
The growth is driven by increased freight traffic in the mining, metallurgical, oil and gas, agricultural, construction and trade sectors.
Passenger transportation for 9 months is expected to reach +7.8% (1.36 billion people).
Among the shippers, growth was shown by: ERG (+3%), Bogatyr Komir (+2%), Refineries (+3%), Qarmet (+11%), Kaz Minerals (+1%).
Manufacturing industry
The growth in January-August was 6.1%. Positive dynamics continues in metallurgy, mechanical engineering, chemical, light industry, production of building materials, rubber and plastic products, furniture.
Construction
In January-August, works worth 4.8 trillion tenge (IFO 118.1%) were completed. The forecast for 9 months is an increase of 17.7%.
Following the meeting of the headquarters, Serik Zhumangarin stressed that the key task of all industries in the near future is to actively engage in microeconomics, that is, to solve the problems of each enterprise in the industry in order to prevent a decrease in growth rates.
https://www.gov.kz/memleket/entities/economy/press/news/details/1073683?lang=ru