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Uzbekistan - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGroundnuts Price in Uzbekistan - 2023
Contents:
- Groundnuts Price in Uzbekistan (FOB) - 2022
- Groundnuts Price in Uzbekistan (CIF) - 2022
- Groundnuts Exports in Uzbekistan
- Groundnuts Imports in Uzbekistan
Groundnuts Price in Uzbekistan (FOB) - 2022
The average groundnuts export price stood at $1,161 per ton in 2022, which is down by -12.7% against the previous year. Over the period under review, export price indicated a remarkable increase from 2017 to 2022: its price increased at an average annual rate of +9.4% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, groundnuts export price increased by +66.5% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 37%. Over the period under review, the average export prices attained the peak figure at $1,330 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($1,666 per ton), while the average price for exports to Afghanistan ($696 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Groundnuts Price in Uzbekistan (CIF) - 2022
The average groundnuts import price stood at $2,590 per ton in 2020, increasing by 66% against the previous year. In general, the import price showed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Kyrgyzstan.
From 2017 to 2020, the rate of growth in terms of prices for Kyrgyzstan amounted to +29.6% per year.
Groundnuts Exports in Uzbekistan
After three years of growth, shipments abroad of ground-nut (in-shell) decreased by -17% to 5.8K tons in 2022. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year.
In value terms, groundnuts exports dropped rapidly to $6.7M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 36%.
Export of Groundnuts in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 78.9 | 1,030 | 1,096 | 1,815 | 184.4% |
Azerbaijan | 541 | 599 | 1,973 | 1,603 | 43.6% |
Kazakhstan | 161 | 354 | 1,163 | 925 | 79.1% |
Russia | 229 | 433 | 698 | 668 | 42.9% |
Netherlands | N/A | N/A | 243 | 379 | 56.0% |
Afghanistan | 1,944 | 2,245 | 665 | 364 | -42.8% |
Kyrgyzstan | 1,673 | 1,637 | 1,436 | 283 | -44.7% |
Turkmenistan | 434 | 323 | 258 | 169 | -27.0% |
Others | 90.0 | 366 | 1,738 | 510 | 78.3% |
Total | 5,152 | 6,988 | 9,270 | 6,715 | 9.2% |
Top Export Markets for Groundnuts from Uzbekistan in 2022:
- Azerbaijan (1599.0 tons)
- Pakistan (1177.5 tons)
- Kazakhstan (886.5 tons)
- Afghanistan (522.8 tons)
- Russia (480.5 tons)
- Netherlands (318.4 tons)
- Turkmenistan (195.1 tons)
- Kyrgyzstan (169.7 tons)
Groundnuts Imports in Uzbekistan
In 2020, approx. 790 kg of ground-nut (in-shell) were imported into Uzbekistan; with a decrease of -51.1% against the previous year's figure. Overall, imports continue to indicate a precipitous curtailment.
In value terms, groundnuts imports shrank notably to $2K in 2020. Over the period under review, imports recorded a abrupt decrease.
Import of Groundnuts in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Kyrgyzstan | N/A | 2.0 | 0% | ||
China | 2.5 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 2.5 | 2.0 | -20.0% |
Top Suppliers of Groundnuts to Uzbekistan in 2022:
- Kyrgyzstan (790.0 kg)
This report provides an in-depth analysis of the groundnuts market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 242 - Groundnuts, in shell
Country coverage:
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uzbekistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the groundnuts market in Uzbekistan.
This report provides an in-depth analysis of the global groundnuts market.
This report provides an in-depth analysis of the groundnuts market in Uzbekistan.
This report provides an in-depth analysis of the global groundnuts market.
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