Central Asia: Frozen Cuttlefishes Market 2025

Frozen Cuttlefishes Market Size in Central Asia

The Central Asian frozen cuttlefishes market amounted to $X in 2021, with an increase of 8.1% against the previous year. Overall, consumption, however, recorded a abrupt setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Frozen Cuttlefishes Production in Central Asia

In value terms, frozen cuttlefishes production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by 4,158% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Frozen Cuttlefishes Exports

Exports in Central Asia

In 2021, approx. X tons of frozen cuttlefishes were exported in Central Asia; surging by 15% against the previous year's figure. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 5,931% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, frozen cuttlefishes exports rose markedly to $X in 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 3,097%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of frozen cuttlefishes, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan was also the fastest-growing in terms of the frozen cuttlefishes exports, with a CAGR of +33.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In Kazakhstan, frozen cuttlefishes exports increased at an average annual rate of +21.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, which is down by -2.8% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2015 an increase of 122% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to -8.8% per year.

Frozen Cuttlefishes Imports

Imports in Central Asia

For the fourth year in a row, Central Asia recorded growth in supplies from abroad of frozen cuttlefishes, which increased by 3.2% to X tons in 2021. In general, imports, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2020 with an increase of 64% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen cuttlefishes imports rose sharply to $X in 2021. Over the period under review, imports, however, recorded a deep downturn. The growth pace was the most rapid in 2019 when imports increased by 83%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan prevails in imports structure, resulting at X tons, which was near 83% of total imports in 2021. Kyrgyzstan (X tons) held the second position in the ranking, followed by Uzbekistan (X tons). All these countries together held approx. 13% share of total imports. The following importers - Turkmenistan (X tons) and Mongolia (X tons) - each accounted for a 3.6% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to frozen cuttlefishes imports into Kazakhstan stood at -2.6%. At the same time, Mongolia (+31.8%) and Uzbekistan (+20.4%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +31.8% from 2012-2021. By contrast, Turkmenistan (-3.8%) and Kyrgyzstan (-11.2%) illustrated a downward trend over the same period. Uzbekistan (+5.7 p.p.) and Mongolia (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan saw its share reduced by -8.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported frozen cuttlefishes in Central Asia, comprising 86% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 5.4% share of total imports. It was followed by Uzbekistan, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan stood at -8.0%. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (-11.0% per year) and Uzbekistan (+28.3% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, picking up by 9.6% against the previous year. Over the period under review, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2019 when the import price increased by 47%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Mongolia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+11.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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