Central Asia: Maize Bran Market 2024

Maize Bran Market Size in Central Asia

The Central Asian maize bran market expanded to $X in 2022, growing by X% against the previous year. Overall, consumption continues to indicate resilient growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Maize Bran Production in Central Asia

In value terms, maize bran production rose rapidly to $X in 2022 estimated in export price. In general, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Maize Bran Exports

Exports in Central Asia

In 2022, the amount of maize bran exported in Central Asia surged to X tons, with an increase of X% on the previous year. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, maize bran exports surged to $X in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Kazakhstan prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Uzbekistan (X tons), making up a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the maize bran exports, with a CAGR of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price recorded a notable increase. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Maize Bran Imports

Imports in Central Asia

In 2022, purchases abroad of maize bran increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, maize bran imports skyrocketed to $X in 2022. In general, imports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Uzbekistan (X tons) and Tajikistan (X tons) dominates imports structure, together making up X% of total imports. It was distantly followed by Kazakhstan (X tons), committing an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Kazakhstan (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Uzbekistan ($X), Tajikistan ($X) and Kazakhstan ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Tajikistan ($X per ton), while Kazakhstan ($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 import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :