Central Asia: Processed Meat Market 2024

Processed Meat Market Size in Central Asia

In 2022, the Central Asian processed meat market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption continues to indicate a tangible increase. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2022.

Processed Meat Production in Central Asia

In value terms, processed meat production rose to $X in 2022 estimated in export price. Overall, production posted a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Processed Meat Exports

Exports in Central Asia

After three years of decline, overseas shipments of processed meat increased by X% to X tons in 2022. Over the period under review, exports recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, processed meat exports soared to $X in 2022. In general, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Mongolia represented the major exporting country with an export of around X tons, which amounted to X% of total exports. Kazakhstan (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Kyrgyzstan (X%) and Uzbekistan (X%).

Exports from Mongolia increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. While the share of Mongolia (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) and Kyrgyzstan (X p.p.) displayed negative dynamics.

In value terms, Mongolia ($X) emerged as the largest processed meat supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mongolia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible downturn. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Mongolia ($X per ton) and Kyrgyzstan ($X per ton), while Uzbekistan ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the export price figures.

Processed Meat Imports

Imports in Central Asia

In 2022, purchases abroad of processed meat increased by X% to X tons, rising for the fifth consecutive year after four years of decline. Total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, processed meat imports surged to $X in 2022. In general, imports posted a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Kazakhstan dominates imports structure, recording X tons, which was approx. X% of total imports in 2022. Tajikistan (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (X%). The following importers - Kyrgyzstan (X tons) and Mongolia (X tons) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to processed meat imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Mongolia (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. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan, Uzbekistan and Mongolia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported processed meat in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Tajikistan ($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: Tajikistan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Kyrgyzstan ($X per ton) and Mongolia ($X per ton), while Tajikistan ($X per ton) and Uzbekistan ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform