Central Asia: Meat Market 2024

Meat Market Size in Central Asia

The Central Asian meat market declined slightly to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Meat Production in Central Asia

In value terms, meat production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Uzbekistan (X tons), Kazakhstan (X tons) and Mongolia (X tons), together comprising X% of total production. Turkmenistan, Tajikistan and Kyrgyzstan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Tajikistan (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average meat yield contracted slightly to X kg per head in 2022, remaining constant against the previous year's figure. In general, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the meat yield hit record highs at X kg per head in 2021, and then shrank modestly in the following year.

In 2022, approx. X heads of animals slaughtered for meat production in Central Asia; picking up by X% on the year before. This number increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of producing animals peaked at X heads in 2020; however, from 2021 to 2022, producing animals failed to regain momentum.

Meat Exports

Exports in Central Asia

In 2022, shipments abroad of meat was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, meat exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan was the key exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Mongolia (X tons), committing a X% share of total exports.

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

In value terms, Kazakhstan ($X) remains the largest meat supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Mongolia ($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, surging by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia stood at $X per ton.

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

Meat Imports

Imports in Central Asia

For the fourth consecutive year, Central Asia recorded growth in supplies from abroad of meat, which increased by X% to X tons in 2022. Over the period under review, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, meat imports surged to $X in 2022. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Uzbekistan was the key importer of meat in Central Asia, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Kazakhstan (X tons), Mongolia (X tons) and Turkmenistan (X tons), together achieving a X% share of total imports. Kyrgyzstan (X tons) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the meat imports, with a CAGR of X% from 2012 to 2022. At the same time, Mongolia (X%) and Turkmenistan (X%) displayed positive paces of growth. By contrast, Kazakhstan (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.), Mongolia (X p.p.) and Turkmenistan (X p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan and Kazakhstan saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

In Uzbekistan, meat imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Turkmenistan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, shrinking by X% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat import price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkmenistan ($X per ton), while Kyrgyzstan ($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 more modest paces of growth.

Source: IndexBox Platform

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