Central Asia: Apricot Market 2024

Apricot Market Size in Central Asia

The Central Asian apricot market reduced to $X in 2022, with a decrease of -3.2% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Apricot Production in Central Asia

In value terms, apricot production contracted to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 31% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Uzbekistan (X tons) remains the largest apricot producing country in Central Asia, comprising approx. 80% of total volume. Moreover, apricot production in Uzbekistan exceeded the figures recorded by the second-largest producer, Turkmenistan (X tons), more than tenfold. The third position in this ranking was held by Tajikistan (X tons), with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume in Uzbekistan stood at +1.1%. In the other countries, the average annual rates were as follows: Turkmenistan (+0.4% per year) and Tajikistan (+0.6% per year).

In 2022, the average apricot yield in Central Asia rose slightly to X tons per ha, increasing by 2.9% on the previous year. In general, the yield saw mild growth. The most prominent rate of growth was recorded in 2015 with an increase of 4.6%. The level of yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apricot harvested area expanded remarkably to X ha in 2022, surging by 6.4% on the previous year. Overall, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 8.2%. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Apricot Exports

Exports in Central Asia

In 2022, approx. X tons of apricots were exported in Central Asia; picking up by 12% against 2021 figures. In general, exports, however, showed a mild decrease. The growth pace was the most rapid in 2017 when exports increased by 873% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, apricot exports shrank to $X in 2022. Over the period under review, exports, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2017 when exports increased by 1,399%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Kyrgyzstan (X tons) and Uzbekistan (X tons) represented roughly 79% of total exports in 2022. It was distantly followed by Tajikistan (X tons) and Kazakhstan (X tons), together generating a 21% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kazakhstan (with a CAGR of +40.7%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest apricot supplying countries in Central Asia were Uzbekistan ($X), Kyrgyzstan ($X) and Tajikistan ($X), with a combined 97% share of total exports. Kazakhstan lagged somewhat behind, comprising a further 2.5%.

Among the main exporting countries, Kazakhstan, with a CAGR of +29.0%, saw the highest rates of growth with regard to the value of exports, 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 2022, which is down by -15.3% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 54% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan ($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 (+2.3%), while the other leaders experienced a decline in the export price figures.

Apricot Imports

Imports in Central Asia

In 2022, purchases abroad of apricots decreased by -35.9% to X tons, falling for the third consecutive year after two years of growth. Overall, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of 131% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, apricot imports fell rapidly to $X in 2022. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 164%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Kazakhstan was the largest importing country with an import of about X tons, which finished at 88% of total imports. It was distantly followed by Kyrgyzstan (X tons), generating an 11% share of total imports.

Imports into Kazakhstan decreased at an average annual rate of -13.6% from 2012 to 2022. Kyrgyzstan (-5.4%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (+11 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (-11.9 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported apricots in Central Asia, comprising 90% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 9.4% share of total imports.

In Kazakhstan, apricot imports plunged by an average annual rate of -15.2% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, growing by 8.4% against the previous year. Overall, the import price, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2017 when the import price increased by 38% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-1.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :