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Report Central Asia - Coconut - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Central Asia: Coconut Market 2024

Coconut Market Size in Central Asia

The Central Asian coconut market expanded slightly to $X in 2022, with an increase of 3.5% against the previous year. Over the period under review, consumption, however, recorded prominent growth. The level of consumption peaked in 2022 and is likely to continue growth in the immediate term.

Coconut Production in Central Asia

In value terms, coconut production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 662% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Kyrgyzstan (X tons) remains the largest coconut producing country in Central Asia, accounting for 97% of total volume. It was followed by Uzbekistan (X kg), with a 2.9% share of total production.

From 2012 to 2022, the average annual growth rate of volume in Kyrgyzstan totaled +168.3%.

Coconut Exports

Exports in Central Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of coconuts, when their volume decreased by -63.4% to X tons. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by 5,543% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell rapidly in the following year.

In value terms, coconut exports amounted to $X in 2022. In general, exports, however, recorded slight growth. The pace of growth was the most pronounced in 2018 with an increase of 1,504% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

The shipments of the two major exporters of coconuts, namely Kazakhstan and Kyrgyzstan, represented more than two-thirds of total export.

From 2014 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +1.6%).

In value terms, Kazakhstan ($X) remains the largest coconut supplier in Central Asia, comprising 89% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with an 8.7% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of value in Kazakhstan was relatively modest.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, rising by 184% against the previous year. Over the period under review, the export price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the export price increased by 573%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan totaled $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+11.9%).

Coconut Imports

Imports in Central Asia

In 2022, approx. X tons of coconuts were imported in Central Asia; shrinking by -19.2% against 2021. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by 190% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank remarkably in the following year.

In value terms, coconut imports expanded significantly to $X in 2022. Overall, imports, however, saw strong growth. The pace of growth was the most pronounced in 2019 with an increase of 141%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Kazakhstan represented the key importing country with an import of around X tons, which accounted for 63% of total imports. Uzbekistan (X tons) held a 23% share (based on physical terms) of total imports, which put it in second place, followed by Turkmenistan (9.6%) and Mongolia (5.1%).

Imports into Kazakhstan increased at an average annual rate of +7.9% from 2012 to 2022. At the same time, Uzbekistan (+73.1%), Mongolia (+23.0%) and Turkmenistan (+18.3%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +73.1% from 2012-2022. From 2012 to 2022, the share of Uzbekistan, Turkmenistan and Mongolia increased by +23, +4.4 and +3.2 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported coconuts in Central Asia, comprising 68% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 21% share of total imports. It was followed by Turkmenistan, with an 8.3% share.

In Kazakhstan, coconut imports increased at an average annual rate of +14.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+90.3% per year) and Turkmenistan (+12.6% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, picking up by 32% against the previous year. Import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut import price increased by +63.0% against 2019 indices. The level of import peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia ($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 (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2020 were Kazakhstan, Turkmenistan and Uzbekistan, together accounting for 97% of total consumption.
In value terms, Kazakhstan remains the largest coconut supplier in Central Asia.
In value terms, Kazakhstan constitutes the largest market for imported coconuts in Central Asia, comprising 50% of total imports. The second position in the ranking was occupied by Uzbekistan, with a 22% share of total imports. It was followed by Turkmenistan, with an 18% share.
The export price in Central Asia stood at $1,404 per ton in 2020, picking up by 110% against the previous year.
The import price in Central Asia stood at $757 per ton in 2020, dropping by -5.9% against the previous year.

This report provides an in-depth analysis of the coconut 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 249 - Coconuts

Country coverage:

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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

  12. 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

  13. 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

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