Central Asia: Preserved Swine Meat Market 2024

Preserved Swine Meat Market Size in Central Asia

The Central Asian preserved swine meat market shrank modestly to $X in 2023, waning by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market remained at a lower figure.

Preserved Swine Meat Production in Central Asia

In value terms, preserved swine meat production expanded modestly to $X in 2023 estimated in export price. The total production indicated a temperate increase 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 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Preserved Swine Meat Exports

Exports in Central Asia

In 2023, shipments abroad of prepared or preserved hams and cuts of swine meat decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X%. As a result, the exports attained the peak of X tons, and then fell notably in the following year.

In value terms, preserved swine meat exports contracted significantly to $X in 2023. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2022, and then dropped notably in the following year.

Exports by Country

The biggest shipments were from Kazakhstan (X tons), together reaching X% of total export.

Kazakhstan was also the fastest-growing in terms of the prepared or preserved hams and cuts of swine meat exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest preserved swine meat supplier in Central Asia.

In Kazakhstan, preserved swine meat exports increased 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, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2023, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Preserved Swine Meat Imports

Imports in Central Asia

In 2023, overseas purchases of prepared or preserved hams and cuts of swine meat decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. In general, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2022, and then dropped in the following year.

In value terms, preserved swine meat imports contracted to $X in 2023. Overall, imports, however, continue to indicate a resilient increase. 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 at $X in 2022, and then shrank in the following year.

Imports by Country

Kazakhstan dominates imports structure, resulting at X tons, which was near X% of total imports in 2023. It was distantly followed by Uzbekistan (X tons), creating an X% share of total imports. The following importers - Kyrgyzstan (X tons) and Mongolia (X tons) - each finished at a X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2023. At the same time, Uzbekistan (X%), Kyrgyzstan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. While the share of Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Mongolia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual growth rate of value in Kazakhstan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2023, declining by X% against the previous year. In general, the import price saw a slight reduction. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mongolia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform