Central Asia: Milk Market 2024

Milk Market Size in Central Asia

The Central Asian milk market was estimated at $X in 2022, approximately mirroring the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Milk Production in Central Asia

In value terms, milk production reached $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 remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Uzbekistan (X tons), Kazakhstan (X tons) and Turkmenistan (X tons), with a combined X% share of total production.

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

Milk Exports

Exports in Central Asia

In 2022, overseas shipments of milk decreased by X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports, however, continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, milk exports shrank significantly to $X in 2022. Overall, exports, however, enjoyed a noticeable expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Kazakhstan (X tons) and Kyrgyzstan (X tons) was the major exporter of milk in Central Asia, comprising X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Kazakhstan (with a CAGR of X%).

In value terms, the largest milk supplying countries in Central Asia were Kazakhstan ($X) and Kyrgyzstan ($X).

In terms of the main exporting countries, Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

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. In general, the export price saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Kyrgyzstan stood at $X per ton.

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

Milk Imports

Imports in Central Asia

In 2022, overseas purchases of milk increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, imports, however, continue to indicate a deep downturn. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, milk imports surged to $X in 2022. In general, imports, however, recorded a deep downturn. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X tons) was the key importer of milk, comprising X% of total imports. It was distantly followed by Kyrgyzstan (X tons) and Uzbekistan (X tons), together generating a X% share of total imports. Turkmenistan (X tons) and Tajikistan (X tons) held a minor share of total imports.

Imports into Kazakhstan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Kyrgyzstan (X%) and Tajikistan (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. Turkmenistan experienced a relatively flat trend pattern. While the share of Kyrgyzstan (X p.p.), Uzbekistan (X p.p.), Turkmenistan (X p.p.) and Tajikistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

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

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, jumping by X% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Tajikistan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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