Central Asia: Liquorice Products Market 2020

Liquorice Products Market Size in Central Asia

The revenue of the liquorice products market in Central Asia amounted to $X in 2017, coming up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The liquorice products consumption continues to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2011, when market value increased by X% against the previous year. The level of liquorice products consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Liquorice Products Exports in Central Asia

In 2017, liquorice products exports in Central Asia totaled X tons, picking up by X% against the previous year. The liquorice products exports continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2009, when exports increased by X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, liquorice products exports stood at $X in 2017. The liquorice products exports continue to indicate an outstanding increase. The level of exports peaked in 2017, and are likely to see steady growth in the near future.

Liquorice Products Exports by Country in Central Asia

The countries with the highest levels of liquorice products exports in 2017 were Kazakhstan (X tons), together amounting to X% of total export.

Kazakhstan was also the fastest growing in terms of the liquorice cakes, blocks, sticks and pastilles exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Kazakhstan decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Kazakhstan, liquorice products exports increased at an average annual rate of +X% over the period from 2007-2017.

Liquorice Products Export Prices by Country in Central Asia

In 2017, the liquorice products export price in Central Asia amounted to $X per ton, growing by X% against the previous year. The liquorice products export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. The level of export price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year).

Liquorice Products Imports in Central Asia

In 2017, imports of liquorice cakes, blocks, sticks and pastilles in Central Asia stood at X tons, coming up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2017, when imports increased by X% against the previous year. In that year, the liquorice products imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, liquorice products imports totaled $X in 2017. The total imports indicated a perceptible growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the liquorice products imports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Liquorice Products Imports by Country in Central Asia

Kazakhstan was the largest importing country with an import of about X tons, which recorded X% of total imports. Kyrgyzstan (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Mongolia (X%).

From 2007 to 2017, average annual rates of growth with regard to liquorice products imports into Kazakhstan stood at +X%. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. Mongolia experienced a relatively flat trend pattern. While the share of Kazakhstan (-X%) and Kyrgyzstan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported liquorice cakes, blocks, sticks and pastilles in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, liquorice products imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Mongolia (+X% per year) and Kyrgyzstan (+X% per year).

Liquorice Products Import Prices by Country in Central Asia

The liquorice products import price in Central Asia stood at $X per ton in 2017, shrinking by -X% against the previous year. The import price indicated a modest increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the liquorice products import price decreased by -X% against 2012 indices. The pace of growth appeared the most rapid in 2011, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Kazakhstan ($X per ton) and Mongolia ($X per ton), while Kyrgyzstan ($X per ton) and Mongolia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mongolia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform