Central Asia: Milled Rice Market 2020

Milled Rice Market Size in Central Asia

The Central Asian milled rice market reached $X in 2019, rising by X% against the previous year. The total consumption indicated temperate growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Milled Rice Production in Central Asia

In value terms, milled rice production amounted to $X in 2019 estimated in export prices. The total production indicated a mild expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2019, production failed to regain the momentum.

Kazakhstan (X tons) constituted the country with the largest volume of milled rice production, accounting for X% of total volume. Moreover, milled rice production in Kazakhstan exceeded the figures recorded by the second-largest producer, Uzbekistan (X tons), twofold. Turkmenistan (X tons) ranked third in terms of total production with a X% share.

In Kazakhstan, milled rice production increased at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Uzbekistan (+X% per year) and Turkmenistan (+X% per year).

In 2019, the average yield of milled rice in Central Asia expanded to X tons per ha, rising by X% on the previous year. The yield indicated perceptible growth from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, milled rice yield decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. As a result, the yield attained the peak level of X tons per ha. From 2013 to 2019, the growth of the milled rice yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of milled rice production in Central Asia totaled X ha, picking up by X% compared with the previous year's figure. The harvested area increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to milled rice production attained the maximum at X ha in 2017; however, from 2018 to 2019, the harvested area failed to regain the momentum.

Production By Country in Central Asia

The country with the largest volume of milled rice production was Kazakhstan (X tons), comprising approx. X% of total volume. Moreover, milled rice production in Kazakhstan exceeded the figures recorded by the second-largest producer, Uzbekistan (X tons), twofold. The third position in this ranking was occupied by Turkmenistan (X tons), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Kazakhstan totaled +X%. In the other countries, the average annual rates were as follows: Uzbekistan (+X% per year) and Turkmenistan (+X% per year).

Milled Rice Exports

Exports in Central Asia

In 2019, the amount of milled rice exported in Central Asia expanded notably to X tons, increasing by X% on 2018. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tons in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

In value terms, milled rice exports shrank to $X in 2019. Overall, exports recorded resilient growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The level of export peaked at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, Kazakhstan (X tons) was the major exporter of milled rice, constituting X% of total exports. It was distantly followed by Tajikistan (X tons), generating a X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to milled rice exports from Kazakhstan stood at +X%. At the same time, Tajikistan (+X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +X% from 2007-2019. Kazakhstan (+X p.p.) and Tajikistan (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest milled rice supplier in Central Asia, comprising X% of total exports. The second position in the ranking was occupied by Tajikistan ($X), with a X% share of total exports.

In Kazakhstan, milled rice exports expanded at an average annual rate of +X% over the period from 2007-2019.

Export Prices by Country

In 2019, the milled rice export price in Central Asia amounted to $X per ton, with a decrease of -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, export prices hit record highs at $X per ton in 2010; however, from 2011 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Tajikistan ($X per ton), while Kazakhstan stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Tajikistan.

Milled Rice Imports

Imports in Central Asia

In 2019, purchases abroad of milled rice was finally on the rise to reach X tons after two years of decline. Total imports indicated a buoyant increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. The volume of import peaked in 2019 and is likely to continue growth in the near future.

In value terms, milled rice imports skyrocketed to $X in 2019. In general, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2009 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

The purchases of the three major importers of milled rice, namely Uzbekistan, Tajikistan and Mongolia, represented more than two-thirds of total import. It was distantly followed by Kazakhstan (X tons), making up a X% share of total imports. Kyrgyzstan (X tons) took a little share of total imports.

From 2007 to 2019, the biggest increases were in Uzbekistan, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mongolia ($X), Uzbekistan ($X) and Kazakhstan ($X) constituted the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Mongolia saw the highest rates of growth with regard to the value of imports, among 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

In 2019, the milled rice import price in Central Asia amounted to $X per ton, which is down by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. Over the period under review, import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Kyrgyzstan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Kyrgyzstan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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