Central Asia: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Central Asia

The Central Asian market for crispbread, rusks and toasted bread totaled $X in 2022, picking up by 5.4% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Crispbread, Rusks and Toasted Bread in Central Asia

In value terms, crispbread, rusk and toasted bread production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 17% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Crispbread, Rusks and Toasted Bread

Exports in Central Asia

In 2022, exports of crispbread, rusks and toasted bread in Central Asia soared to X tons, increasing by 28% on 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 1,075% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, crispbread, rusk and toasted bread exports declined modestly to $X in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2017 with an increase of 1,715%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kazakhstan dominates exports structure, finishing at X tons, which was near 87% of total exports in 2022. It was distantly followed by Uzbekistan (X tons), making up an 8.6% share of total exports. Kyrgyzstan (X tons) held a little share of total exports.

Kazakhstan was also the fastest-growing in terms of the crispbread, rusks and toasted bread exports, with a CAGR of +29.2% from 2012 to 2022. At the same time, Kyrgyzstan (+15.9%) displayed positive paces of growth. By contrast, Uzbekistan (-30.4%) illustrated a downward trend over the same period. Kazakhstan (+23 p.p.) and Uzbekistan (+8.6 p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan saw its share reduced by -5.2% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) emerged as the largest crispbread, rusk and toasted bread supplier in Central Asia, comprising 89% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 7.3% share of total exports.

In Kazakhstan, crispbread, rusk and toasted bread exports expanded at an average annual rate of +31.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (-24.6% per year) and Kyrgyzstan (+16.1% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, shrinking by -25% against the previous year. Overall, the export price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2021 when the export price increased by 59%. As a result, the export price reached the peak level of $X per ton, and then reduced sharply in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+8.4%), while the other leaders experienced more modest paces of growth.

Imports of Crispbread, Rusks and Toasted Bread

Imports in Central Asia

Crispbread, rusk and toasted bread imports expanded remarkably to X tons in 2022, increasing by 14% against the previous year. The total import volume increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by 37%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, crispbread, rusk and toasted bread imports surged to $X in 2022. Overall, imports, however, showed a perceptible decrease. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan represented the main importer of crispbread, rusks and toasted bread in Central Asia, with the volume of imports recording X tons, which was near 67% of total imports in 2022. It was distantly followed by Uzbekistan (X tons) and Kyrgyzstan (X tons), together committing a 28% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of crispbread, rusks and toasted bread. At the same time, Uzbekistan (+47.4%) and Kyrgyzstan (+5.2%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +47.4% from 2012-2022. By contrast, Tajikistan (-2.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan and Kyrgyzstan increased by +16 and +3.5 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported crispbread, rusks and toasted bread in Central Asia, comprising 72% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 16% share of total imports. It was followed by Kyrgyzstan, with an 8.5% share.

In Kazakhstan, crispbread, rusk and toasted bread imports decreased by an average annual rate of -5.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (+69.3% per year) and Kyrgyzstan (-2.3% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, growing by 18% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Uzbekistan (+14.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :