Central Asia: Market for Nuts (Prepared Or Preserved) 2024

Market Size for Nuts (Prepared Or Preserved) in Central Asia

In 2022, the Central Asian nuts (prepared or preserved) market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption recorded a buoyant expansion. The level of consumption peaked at $X in 2021, and then fell slightly in the following year.

Production of Nuts (Prepared Or Preserved) in Central Asia

In value terms, nuts (prepared or preserved) production expanded markedly to $X in 2022 estimated in export price. In general, production posted a strong increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Nuts (Prepared Or Preserved)

Exports in Central Asia

In 2022, overseas shipments of nuts (prepared or preserved) decreased by X% to X tons, falling for the fourth year in a row after seven years of growth. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, nuts (prepared or preserved) exports declined significantly to $X in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Tajikistan (X tons) held the second position in the ranking, followed by Kyrgyzstan (X tons). All these countries together took approx. X% share of total exports. Kazakhstan (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to nuts (prepared or preserved) exports from Uzbekistan stood at X%. At the same time, Tajikistan (X%), Kyrgyzstan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Tajikistan, Kyrgyzstan and Kazakhstan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Uzbekistan ($X) remains the largest nuts (prepared or preserved) supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with an X% share of total exports. It was followed by Kazakhstan, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price showed a deep slump. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Nuts (Prepared Or Preserved)

Imports in Central Asia

In 2022, supplies from abroad of nuts (prepared or preserved) increased by X% to X tons, rising for the sixth consecutive year after two years of decline. In general, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, nuts (prepared or preserved) imports skyrocketed to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Kazakhstan represented the major importing country with an import of about X tons, which reached X% of total imports. Kyrgyzstan (X tons) ranks second in terms of the total imports with a X% share, followed by Uzbekistan (X%) and Tajikistan (X%).

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Kyrgyzstan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. While the share of Kyrgyzstan (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported nuts (prepared or preserved) in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled X%. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform