Central Asia: Shelled Walnut Market 2025

Shelled Walnut Market Size in Central Asia

In 2022, after two years of growth, there was decline in the Central Asian shelled walnut market, when its value decreased by -4% to $X. The market value increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Shelled Walnut Production in Central Asia

In value terms, shelled walnut production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 23% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Shelled Walnut Exports

Exports in Central Asia

In 2022, shelled walnut exports in Central Asia skyrocketed to X tons, with an increase of 135% against the previous year. Overall, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, shelled walnut exports skyrocketed to $X in 2022. Over the period under review, exports recorded a measured expansion. The most prominent rate of growth was recorded in 2020 with an increase of 94%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Kyrgyzstan was the main exporter of shelled walnuts in Central Asia, with the volume of exports reaching X tons, which was near 77% of total exports in 2022. It was distantly followed by Uzbekistan (X tons), comprising a 23% share of total exports.

Kyrgyzstan was also the fastest-growing in terms of the shelled walnuts exports, with a CAGR of +11.4% from 2012 to 2022. Uzbekistan (-1.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan increased by +29 percentage points.

In value terms, the largest shelled walnut supplying countries in Central Asia were Kyrgyzstan ($X) and Uzbekistan ($X).

In terms of the main exporting countries, Kyrgyzstan, with a CAGR of +12.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, dropping by -19% against the previous year. Over the period under review, the export price saw a perceptible descent. The pace of growth was the most pronounced in 2016 an increase of 51% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+0.8%).

Shelled Walnut Imports

Imports in Central Asia

In 2022, supplies from abroad of shelled walnuts increased by 29% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 437%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, shelled walnut imports soared to $X in 2022. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 155% 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

Kyrgyzstan was the main importing country with an import of around X tons, which finished at 84% of total imports. It was distantly followed by Kazakhstan (X tons), generating a 13% share of total imports. The following importers - Turkmenistan (X tons) and Uzbekistan (X tons) - each accounted for a 3.2% share of total imports.

Imports into Kyrgyzstan increased at an average annual rate of +120.9% from 2012 to 2022. At the same time, Uzbekistan (+474.5%) and Turkmenistan (+66.4%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +474.5% from 2012-2022. By contrast, Kazakhstan (-2.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan, Uzbekistan and Turkmenistan increased by +84, +1.6 and +1.5 percentage points, respectively.

In value terms, Kyrgyzstan ($X) constitutes the largest market for imported shelled walnuts in Central Asia, comprising 65% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 21% share of total imports. It was followed by Turkmenistan, with a 6% share.

In Kyrgyzstan, shelled walnut imports expanded at an average annual rate of +107.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-2.9% per year) and Turkmenistan (+60.1% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, surging by 4.8% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2015 when the import price increased by 30%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($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 (-0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :