Central Asia: Canned Food Market 2024

Canned Food Market Size in Central Asia

The Central Asian canned food market declined slightly to $X in 2023, approximately mirroring the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Canned Food Production in Central Asia

In value terms, canned food production amounted to $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a somewhat lower figure.

Canned Food Exports

Exports in Central Asia

In 2023, canned food exports in Central Asia rose rapidly to X tons, with an increase of X% on the year before. In general, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in years to come.

In value terms, canned food exports skyrocketed to $X in 2023. Over the period under review, exports showed a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uzbekistan (X tons) and Mongolia (X tons) represented the main exporters of canned food in 2023, amounting to near X% and X% of total exports, respectively. Kazakhstan (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Kyrgyzstan (X%). Tajikistan (X tons) held a minor share of total exports.

From 2012 to 2023, the biggest increases were recorded for Mongolia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mongolia ($X), Kazakhstan ($X) and Uzbekistan ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports.

Mongolia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Canned Food Imports

Imports in Central Asia

In 2023, supplies from abroad of canned food increased by X% to X tons, rising for the seventh year in a row after two years of decline. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked in 2023 and is likely to see steady growth in the near future.

In value terms, canned food imports declined slightly to $X in 2023. Overall, imports saw a strong increase. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped slightly in the following year.

Imports by Country

Kazakhstan was the key importing country with an import of about X tons, which accounted for X% of total imports. Uzbekistan (X tons) held the second position in the ranking, distantly followed by Mongolia (X tons) and Kyrgyzstan (X tons). All these countries together took near X% share of total imports. The following importers - Tajikistan (X tons) and Turkmenistan (X tons) - together made up X% 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. Tajikistan experienced a relatively flat trend pattern. By contrast, Turkmenistan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.), Kyrgyzstan (X p.p.) and Mongolia (X p.p.) significantly strengthened its position in terms of the total imports, while Tajikistan, Turkmenistan and Kazakhstan saw its share reduced by X%, X% and X% from 2012 to 2023, respectively.

In value terms, the largest canned food importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), together comprising X% of total imports.

Among the main importing countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2023, waning by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, import price attained the peak level of $X per ton, and then reduced slightly in the following year.

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 Kyrgyzstan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform