Central Asia: Canned Vegetable Market 2024

Canned Vegetable Market Size in Central Asia

In 2022, the Central Asian canned vegetable market increased by 60% to $X, rising for the sixth consecutive year after two years of decline. Over the period under review, consumption saw a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Canned Vegetable Production in Central Asia

In value terms, canned vegetable production rose modestly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 43% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Canned Vegetable Exports

Exports in Central Asia

Canned vegetable exports soared to X tons in 2022, growing by 81% compared with 2021 figures. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 321% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, canned vegetable exports surged to $X in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 314%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Uzbekistan represented the main exporter of canned vegetables in Central Asia, with the volume of exports reaching X tons, which was approx. 55% of total exports in 2022. Kazakhstan (X tons) took a 23% share (based on physical terms) of total exports, which put it in second place, followed by Kyrgyzstan (22%).

Uzbekistan was also the fastest-growing in terms of the canned vegetables exports, with a CAGR of +46.1% from 2012 to 2022. At the same time, Kyrgyzstan (+24.8%) and Kazakhstan (+17.9%) displayed positive paces of growth. From 2012 to 2022, the share of Uzbekistan increased by +55 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest canned vegetable supplying countries in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X), with a combined 99% share of total exports.

Uzbekistan, with a CAGR of +50.3%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, with an increase of 3.6% against the previous year. Export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned vegetable export price decreased by -0.6% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the export price increased by 82% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 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 Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+5.0%), while the other leaders experienced mixed trends in the export price figures.

Canned Vegetable Imports

Imports in Central Asia

In 2022, overseas purchases of canned vegetables increased by 67% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, canned vegetable imports surged to $X in 2022. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kyrgyzstan (X tons) and Kazakhstan (X tons) represented the largest importers of canned vegetables in 2022, amounting to approx. 46% and 33% of total imports, respectively. Uzbekistan (X tons) ranks next in terms of the total imports with a 12% share, followed by Mongolia (4.9%). Turkmenistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kyrgyzstan (with a CAGR of +36.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Kyrgyzstan ($X) and Uzbekistan ($X) constituted the countries with the highest levels of imports in 2022, together comprising 92% of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of +55.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, rising by 3.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 21%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Kazakhstan ($X per ton), while Kyrgyzstan ($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 (+18.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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