Central Asia: Frozen Vegetable Market 2024

Frozen Vegetable Market Size in Central Asia

For the fifth consecutive year, the Central Asian frozen vegetable market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption posted buoyant growth. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Frozen Vegetable Production in Central Asia

In value terms, frozen vegetable production expanded remarkably to $X in 2022 estimated in export price. In general, production showed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Frozen Vegetable Exports

Exports in Central Asia

In 2022, shipments abroad of frozen vegetables increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, frozen vegetable exports soared to $X in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Uzbekistan (X tons) was the main exporter of frozen vegetables, mixing up X% of total exports. It was distantly followed by Kyrgyzstan (X tons), making up an X% share of total exports. Kazakhstan (X tons) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the frozen vegetables exports, with a CAGR of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%) and Kazakhstan (X%) displayed positive paces of growth. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

In value terms, Uzbekistan ($X) remains the largest frozen vegetable supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 (X%), while the other leaders experienced mixed trends in the export price figures.

Frozen Vegetable Imports

Imports in Central Asia

Frozen vegetable imports skyrocketed to X tons in 2022, increasing by X% against 2021. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, frozen vegetable imports surged to $X in 2022. Over the period under review, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan was the key importer of frozen vegetables in Central Asia, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. Uzbekistan (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Kyrgyzstan (X%) and Mongolia (X%). Tajikistan (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to frozen vegetable imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Kyrgyzstan (X%), Tajikistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan and Kyrgyzstan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mongolia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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