Report Central Asia - Lucerne (Alfalfa) Meal and Pellets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Lucerne (Alfalfa) Meal and Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Market for Lucerne (Alfalfa) Meal And Pellets 2024

Market Size for Lucerne (Alfalfa) Meal And Pellets in Central Asia

The Central Asian lucerne meal and pellets market contracted to $X in 2021, waning by -2.7% against the previous year. In general, consumption, however, recorded a mild descent. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Lucerne (Alfalfa) Meal And Pellets in Central Asia

In value terms, lucerne meal and pellets production reduced modestly to $X in 2021 estimated in export price. Overall, production, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 with an increase of 22%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Lucerne (Alfalfa) Meal And Pellets

Exports in Central Asia

In 2021, the amount of lucerne (alfalfa) meal and pellets exported in Central Asia skyrocketed to X tons, with an increase of 165% against the previous year. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 23,508% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, lucerne meal and pellets exports skyrocketed to $X in 2021. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 23,079% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Kazakhstan (X tons) represented roughly 100% of total exports in 2021.

Kazakhstan was also the fastest-growing in terms of the lucerne (alfalfa) meal and pellets exports, with a CAGR of +120.5% from 2016 to 2021. From 2016 to 2021, the share of Kazakhstan increased by +99 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 lucerne meal and pellets supplier in Central Asia.

In Kazakhstan, lucerne meal and pellets exports expanded at an average annual rate of +126.3% over the period from 2016-2021.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, surging by 59% against the previous year. Export price indicated measured growth from 2016 to 2021: its price increased at an average annual rate of +3.3% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lucerne meal and pellets export price increased by +98.9% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2016 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +2.6% per year.

Imports of Lucerne (Alfalfa) Meal And Pellets

Imports in Central Asia

For the ninth consecutive year, Central Asia recorded decline in overseas purchases of lucerne (alfalfa) meal and pellets, which decreased by -26.6% to X tons in 2021. In general, imports faced a dramatic shrinkage. The smallest decline of -17.9% was in 2015. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, lucerne meal and pellets imports fell markedly to $X in 2021. Overall, imports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2015 when imports increased by 6.3% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of lucerne meal and pellets imports in 2021 were Kazakhstan (X tons), together amounting to 100% of total import.

Kazakhstan was also the fastest-growing in terms of the lucerne (alfalfa) meal and pellets imports, with a CAGR of -36.5% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported lucerne (alfalfa) meal and pellets in Central Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan amounted to -31.2%.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, dropping by -12.4% against the previous year. Overall, the import price, however, posted resilient growth. The most prominent rate of growth was recorded in 2016 when the import price increased by 59% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the import prices remained at a somewhat lower figure.

As there is only one major supplying country, 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 +8.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of lucerne meal and pellets consumption in 2021 were Kazakhstan, Uzbekistan and Kyrgyzstan.
The countries with the highest volumes of lucerne meal and pellets production in 2021 were Kazakhstan, Uzbekistan and Kyrgyzstan.
In value terms, Kazakhstan remains the largest lucerne meal and pellets supplier in Central Asia.
In value terms, Kazakhstan constitutes the largest market for imported lucerne alfalfa) meal and pellets in Central Asia.
In 2020, the lucerne meal and pellets export price in Central Asia amounted to $170 per ton, reducing by -8.5% against the previous year.
In 2020, the lucerne meal and pellets import price in Central Asia amounted to $210 per ton, falling by -4.7% against the previous year.

This report provides an in-depth analysis of the market for lucerne meal and pellets in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10912000 - Lucerne (alfalfa) meal and pellets

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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