Central Asia: Canned Mushroom Market 2024

Canned Mushroom Market Size in Central Asia

In 2022, the Central Asian canned mushroom market increased by 48% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a noticeable descent. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Canned Mushroom Production in Central Asia

In value terms, canned mushroom production reached $X in 2022 estimated in export price. In general, production saw prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 43% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Canned Mushroom Exports

Exports in Central Asia

Canned mushroom exports soared to X tons in 2022, increasing by 84% compared with the previous year's figure. In general, exports showed a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by 1,987%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, canned mushroom exports skyrocketed to $X in 2022. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 1,999%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Kazakhstan prevails in exports structure, finishing at X tons, which was approx. 89% of total exports in 2022. It was distantly followed by Kyrgyzstan (X tons), creating a 9.2% share of total exports.

Kazakhstan was also the fastest-growing in terms of the canned mushrooms exports, with a CAGR of +35.8% from 2012 to 2022. Kyrgyzstan (-2.8%) illustrated a downward trend over the same period. Kazakhstan (+64 p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan saw its share reduced by -65.2% from 2012 to 2022, respectively.

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

Among the main exporting countries, Kazakhstan, with a CAGR of +27.9%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, reducing by -22.4% against the previous year. Over the period under review, the export price showed a deep slump. The pace of growth was the most pronounced in 2019 when the export price increased by 119% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+8.4%).

Canned Mushroom Imports

Imports in Central Asia

In 2022, supplies from abroad of canned mushrooms increased by 36% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, showed a perceptible slump. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, canned mushroom imports soared to $X in 2022. In general, imports, however, saw a perceptible descent. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Kazakhstan (X tons) was the major importer of canned mushrooms, comprising 74% of total imports. It was distantly followed by Turkmenistan (X tons), making up a 17% share of total imports. The following importers - Mongolia (X tons), Tajikistan (X tons) and Kyrgyzstan (X tons) - together made up 8.1% of total imports.

Imports into Kazakhstan decreased at an average annual rate of -4.4% from 2012 to 2022. At the same time, Mongolia (+3.4%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +3.4% from 2012-2022. Turkmenistan experienced a relatively flat trend pattern. By contrast, Kyrgyzstan (-3.1%) and Tajikistan (-9.4%) illustrated a downward trend over the same period. While the share of Turkmenistan (+6.1 p.p.) and Mongolia (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tajikistan (-2.1 p.p.) and Kazakhstan (-7.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported canned mushrooms in Central Asia, comprising 71% of total imports. The second position in the ranking was taken by Turkmenistan ($X), with a 16% share of total imports. It was followed by Mongolia, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to -3.7%. In the other countries, the average annual rates were as follows: Turkmenistan (-4.0% per year) and Mongolia (+4.8% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, increasing by 7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 18%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mongolia ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+1.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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