Central Asia - Rice Bran - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCentral Asia: Rice Bran Market 2024
Rice Bran Market Size in Central Asia
The Central Asian rice bran market surged to $X in 2021, increasing by 40% against the previous year. Over the period under review, consumption, however, recorded a remarkable increase. The level of consumption peaked in 2021 and is expected to retain growth in the near future.
Rice Bran Production in Central Asia
In value terms, rice bran production surged to $X in 2021 estimated in export price. In general, production, however, recorded a resilient increase. The growth pace was the most rapid in 2015 when the production volume increased by 81% against the previous year. The level of production peaked in 2021 and is likely to see gradual growth in the near future.
Rice Bran Exports
Exports in Central Asia
In 2021, the amount of rice bran exported in Central Asia dropped dramatically to X tons, declining by -51.5% against the year before. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by 448%. The volume of export peaked at X tons in 2020, and then declined rapidly in the following year.
In value terms, rice bran exports contracted rapidly to $X in 2021. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 539%. Over the period under review, the exports hit record highs at $X in 2020, and then declined remarkably in the following year.
Exports by Country
Kazakhstan (X tons) represented roughly 99% of total exports in 2021.
Kazakhstan was also the fastest-growing in terms of the rice bran exports, with a CAGR of +14.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, Kazakhstan ($X) also remains the largest rice bran supplier in Central Asia.
In Kazakhstan, rice bran exports expanded at an average annual rate of +21.3% over the period from 2012-2021.
Export Prices by Country
The export price in Central Asia stood at $X per ton in 2021, rising by 46% against the previous year. Export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, rice bran export price increased by +76.4% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +6.3% per year.
Rice Bran Imports
Imports in Central Asia
In 2021, overseas purchases of rice bran decreased by -27.4% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 506%. Over the period under review, imports hit record highs at X tons in 2020, and then dropped rapidly in the following year.
In value terms, rice bran imports fell dramatically to $X in 2021. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2014 when imports increased by 188%. The level of import peaked at $X in 2020, and then reduced notably in the following year.
Imports by Country
Kyrgyzstan prevails in imports structure, finishing at X tons, which was approx. 75% of total imports in 2021. It was distantly followed by Uzbekistan (X tons), Kazakhstan (X tons) and Mongolia (X tons), together creating a 23% share of total imports.
Kyrgyzstan was also the fastest-growing in terms of the rice bran imports, with a CAGR of +349.4% from 2012 to 2021. At the same time, Kazakhstan (+45.0%) displayed positive paces of growth. Mongolia experienced a relatively flat trend pattern. By contrast, Uzbekistan (-10.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kyrgyzstan, Uzbekistan and Kazakhstan increased by +75, +8.6 and +3.8 percentage points, respectively.
In value terms, Kyrgyzstan ($X) constitutes the largest market for imported rice bran in Central Asia, comprising 66% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 19% share of total imports. It was followed by Mongolia, with a 6.4% share.
From 2012 to 2021, the average annual growth rate of value in Kyrgyzstan totaled +264.4%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+17.1% per year) and Mongolia (-4.7% per year).
Import Prices by Country
The import price in Central Asia stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 71% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (-5.2%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the rice bran market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10614030 - Bran, sharps and other residues from the sifting, milling or other working of rice
Country coverage:
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Central Asia, split by region and country
- Trade (exports and imports) in Central Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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