Report Update Nov 1, 2024

Central Asia - Carob - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Carob Market 2024

Carob Market Size in Central Asia

The Central Asian carob market skyrocketed to $X in 2022, growing by 78% against the previous year. In general, consumption posted significant growth. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Carob Production in Central Asia

In value terms, carob production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with a decrease of 99.9% against the previous year. The level of production peaked at $X in 2015; afterwards, it flattened through to 2022.

The country with the largest volume of carob production was Kazakhstan (X tons), comprising approx. 100% of total volume.

In Kazakhstan, carob production expanded at an average annual rate of +108.8% over the period from 2012-2022.

Carob Exports

Exports in Central Asia

In 2021, carob exports in Central Asia soared to X tons, increasing by 5,733% on the previous year. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, carob exports surged to $X in 2021. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X tons) represented roughly 100% of total exports in 2021.

Kazakhstan was also the fastest-growing in terms of the carob exports, with a CAGR of +5,733.3% from 2020 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2020 to 2021, the average annual growth rate of value in Kazakhstan stood at +2,426.9%.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, shrinking by -56.7% against the previous year. Overall, the export price recorded a sharp shrinkage. Over the period under review, the export prices reached the peak figure at $X per ton in 2020, and then shrank remarkably in the following year.

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

From 2020 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to -56.7% per year.

Carob Imports

Imports in Central Asia

For the third consecutive year, Central Asia recorded decline in supplies from abroad of carob, which decreased by -32.7% to X kg in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2017 with an increase of 175,585% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, carob imports shrank dramatically to $X in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2017 with an increase of 14,893% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Kazakhstan represented the key importing country with an import of about X kg, which accounted for 76% of total imports. It was distantly followed by Turkmenistan (X kg) and Uzbekistan (X kg), together mixing up a 20% share of total imports. Kyrgyzstan (X kg) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the carob imports, with a CAGR of +54.4% from 2012 to 2022. Uzbekistan (-10.6%), Kyrgyzstan (-26.5%) and Turkmenistan (-50.0%) illustrated a downward trend over the same period. While the share of Turkmenistan (+10 p.p.), Uzbekistan (+9.9 p.p.) and Kyrgyzstan (+3.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (-23.8 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported carob in Central Asia, comprising 77% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 13% share of total imports. It was followed by Kyrgyzstan, with a 6.8% share.

In Kazakhstan, carob imports increased at an average annual rate of +39.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+17.9% per year) and Kyrgyzstan (+5.8% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, growing by 9.9% against the previous year. Over the period under review, the import price, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2018 when the import price increased by 495% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+43.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carob in Central Asia?

Uzbekistan remains the largest carob consuming country in Central Asia, accounting for 74% of total volume. Moreover, carob consumption in Uzbekistan exceeded the figures recorded by the second-largest consumer, Kazakhstan, threefold.

What are the leading importers of carob in Central Asia?

In value terms, Kazakhstan constitutes the largest market for imported carob in Central Asia, comprising 71% of total imports. The second position in the ranking was occupied by Uzbekistan $635), with a 25% share of total imports.

What is the average export price for carob in Central Asia?

In 2020, the carob export price in Central Asia amounted to $1,182 per ton, with an increase of 1.9% against the previous year.

What is the average import price for carob in Central Asia?

In 2020, the carob import price in Central Asia amounted to $2,028 per ton, shrinking by -13.4% against the previous year.

This report provides an in-depth analysis of the carob market in Central Asia. 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 461 - Carobs

Country coverage:

Kazakhstan
Kyrgyzstan
Mongolia
Tajikistan
Turkmenistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Central Asia, split by region and country
Trade (exports and imports) in Central Asia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Harvested Area, By Country, 2012-2023
7. Yield, By Country, 2012-2023
8. Imports, In Physical Terms, By Country, 2012–2023
9. Imports, In Value Terms, By Country, 2012–2023
10. Import Prices, By Country Of Destination, 2012–2023
11. Exports, In Physical Terms, By Country, 2012–2023
12. Exports, In Value Terms, By Country, 2012–2023
13. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2023
19. Production, In Value Terms, 2012–2023
20. Area Harvested, 2012–2023
21. Yield, 2012–2023
22. Production, By Country, 2023
23. Production, In Physical Terms, By Country, 2012–2023
24. Harvested Area, By Country, 2023
25. Harvested Area, By Country, 2012-2023
26. Yield, By Country, 2012-2023
27. Imports, In Physical Terms, 2012–2023
28. Imports, In Value Terms, 2012–2023
29. Imports, In Physical Terms, By Country, 2023
30. Imports, In Physical Terms, By Country, 2012–2023
31. Imports, In Value Terms, By Country, 2012–2023
32. Import Prices, By Country, 2012–2023
33. Exports, In Physical Terms, 2012–2023
34. Exports, In Value Terms, 2012–2023
35. Exports, In Physical Terms, By Country, 2023
36. Exports, In Physical Terms, By Country, 2012–2023
37. Exports, In Value Terms, By Country, 2012–2023
38. Export Prices, 2012–2023