Central Asia: Cottonseed Market 2025

Cottonseed Market Size in Central Asia

The Central Asian cottonseed market fell modestly to $X in 2022, with a decrease of -3.5% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Cottonseed Production in Central Asia

In value terms, cottonseed production declined to $X in 2022 estimated in export price. Over the period under review, production saw a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 236%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Uzbekistan (X tons) constituted the country with the largest volume of cottonseed production, comprising approx. 68% of total volume. Moreover, cottonseed production in Uzbekistan exceeded the figures recorded by the second-largest producer, Turkmenistan (X tons), fivefold. Tajikistan (X tons) ranked third in terms of total production with an 8.5% share.

In Uzbekistan, cottonseed production shrank by an average annual rate of -1.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkmenistan (-1.3% per year) and Tajikistan (-0.9% per year).

Cottonseed Exports

Exports in Central Asia

In 2022, the amount of cottonseed exported in Central Asia surged to X tons, increasing by 54% against 2021. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 136% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, cottonseed exports surged to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 119%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Kazakhstan dominates exports structure, recording X tons, which was near 92% of total exports in 2022. It was distantly followed by Uzbekistan (X tons), generating a 7.4% share of total exports.

Exports from Kazakhstan increased at an average annual rate of +21.1% from 2012 to 2022. At the same time, Uzbekistan (+121.4%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +121.4% from 2012-2022. Uzbekistan (+7.4 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -7.8% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) and Uzbekistan ($X) were the countries with the highest levels of exports in 2022.

Uzbekistan, with a CAGR of +143.4%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, shrinking by -21% against the previous year. Overall, the export price, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 an increase of 50% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank dramatically in the following year.

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 Uzbekistan ($X per ton), while Kazakhstan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+9.9%).

Cottonseed Imports

Imports in Central Asia

Cottonseed imports skyrocketed to X tons in 2022, with an increase of 36% against the previous year. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 217%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, cottonseed imports skyrocketed to $X in 2022. In general, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Tajikistan prevails in imports structure, accounting for X tons, which was near 88% of total imports in 2022. Kazakhstan (X tons) held a 6.7% share (based on physical terms) of total imports, which put it in second place, followed by Kyrgyzstan (5.1%).

From 2012 to 2022, average annual rates of growth with regard to cottonseed imports into Tajikistan stood at +37.4%. At the same time, Kazakhstan (+39.4%) and Kyrgyzstan (+16.1%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +39.4% from 2012-2022. From 2012 to 2022, the share of Tajikistan and Kazakhstan increased by +21 and +2.3 percentage points, respectively.

In value terms, the largest cottonseed importing markets in Central Asia were Tajikistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X), with a combined 99% share of total imports.

Kazakhstan, with a CAGR of +36.1%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, picking up by 15% against the previous year. Over the period under review, the import price, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2018 when the import price increased by 41%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Tajikistan ($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 (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :