Central Asia: Preserved Olive Market 2024

Preserved Olive Market Size in Central Asia

The Central Asian preserved olive market skyrocketed to $X in 2022, growing by X% against the previous year. Overall, consumption saw a buoyant expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Preserved Olive Production in Central Asia

In value terms, preserved olive production surged to $X in 2022 estimated in export price. Over the period under review, production showed a resilient expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Preserved Olive Exports

Exports in Central Asia

In 2022, overseas shipments of olives prepared or preserved increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, preserved olive exports rose notably to $X in 2022. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Kazakhstan (with a CAGR of X%).

In value terms, Kazakhstan ($X) and Uzbekistan ($X) constituted the countries with the highest levels of exports in 2022.

Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, waning by X% against the previous year. In general, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then declined notably in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Preserved Olive Imports

Imports in Central Asia

In 2022, imports of olives prepared or preserved in Central Asia rose markedly to X tons, surging by X% against 2021. Over the period under review, imports recorded prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved olive imports surged to $X in 2022. Total imports indicated resilient 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 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Kazakhstan represented the key importing country with an import of around X tons, which reached X% of total imports. Uzbekistan (X tons) held the second position in the ranking, distantly followed by Turkmenistan (X tons) and Kyrgyzstan (X tons). All these countries together held near X% share of total imports. The following importers - Mongolia (X tons) and Tajikistan (X tons) - each recorded a X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Tajikistan (X%), Mongolia (X%), Turkmenistan (X%) and Kyrgyzstan (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. From 2012 to 2022, the share of Uzbekistan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a mild decrease. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mongolia ($X per ton), while Tajikistan ($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 import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :