Central Asia: Dry Bean Market 2024

Dry Bean Market Size in Central Asia

The Central Asian dry bean market shrank notably to $X in 2023, with a decrease of X% against the previous year. In general, consumption, however, showed a buoyant increase. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

Dry Bean Production in Central Asia

In value terms, dry bean production totaled $X in 2023 estimated in export price. The total production indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.

The countries with the highest volumes of production in 2023 were Uzbekistan (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons), with a combined X% share of total production. These countries were followed by Tajikistan, which accounted for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Tajikistan (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2023, the average dry bean yield in Central Asia was estimated at X tons per ha, surging by X% on the year before. In general, the yield, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2019 when the yield increased by X% against the previous year. Over the period under review, the dry bean yield reached the maximum level at X tons per ha in 2014; however, from 2015 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of beans (dry) were harvested in Central Asia; with a decrease of X% compared with the year before. In general, the harvested area, however, showed a resilient increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2018 to 2023, the growth of the dry bean harvested area remained at a somewhat lower figure.

Dry Bean Exports

Exports in Central Asia

In 2023, the amount of beans (dry) exported in Central Asia rose markedly to X tons, picking up by X% compared with 2022. Over the period under review, exports posted a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are likely to see gradual growth in the near future.

In value terms, dry bean exports skyrocketed to $X in 2023. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

In 2023, Uzbekistan (X tons) was the key exporter of beans (dry), generating X% of total exports. It was distantly followed by Kyrgyzstan (X tons), committing a X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the beans (dry) exports, with a CAGR of X% from 2012 to 2023. Kyrgyzstan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Uzbekistan ($X) remains the largest dry bean supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports.

In Uzbekistan, dry bean exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per ton, surging by X% against the previous year. Export price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry bean export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the export prices attained the peak figure in 2023 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Dry Bean Imports

Imports in Central Asia

In 2023, after three years of growth, there was significant decline in overseas purchases of beans (dry), when their volume decreased by X% to X tons. Over the period under review, imports, however, enjoyed a pronounced expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2022, and then fell notably in the following year.

In value terms, dry bean imports shrank remarkably to $X in 2023. Overall, imports, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2023, Uzbekistan (X tons) represented the major importer of beans (dry), creating X% of total imports. It was distantly followed by Kazakhstan (X tons), making up a X% share of total imports. Kyrgyzstan (X tons) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the beans (dry) imports, with a CAGR of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Uzbekistan and Kyrgyzstan increased by X and X percentage points, respectively.

In value terms, Uzbekistan ($X) constitutes the largest market for imported beans (dry) in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports.

In Uzbekistan, dry bean imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2023, jumping by X% against the previous year. Overall, the import price, however, saw a perceptible decrease. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, 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