Central Asia: Skim Milk Market 2024

Skim Milk Market Size in Central Asia

In 2021, the Central Asian skim milk market decreased by -1.1% to $X for the first time since 2015, thus ending a five-year rising trend. The total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +45.8% against 2015 indices. The level of consumption peaked at $X in 2020, and then reduced in the following year.

Skim Milk Production in Central Asia

In value terms, skim milk production amounted to $X in 2021 estimated in export price. The total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 38%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Uzbekistan (X tons) remains the largest skim milk producing country in Central Asia, comprising approx. 66% of total volume. Moreover, skim milk production in Uzbekistan exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), threefold. Mongolia (X tons) ranked third in terms of total production with a 7.7% share.

In Uzbekistan, skim milk production increased at an average annual rate of +6.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+5.9% per year) and Mongolia (-1.6% per year).

Skim Milk Exports

Exports in Central Asia

In 2021, shipments abroad of skim milk decreased by -10.6% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 528%. The volume of export peaked at X tons in 2020, and then declined in the following year.

In value terms, skim milk exports totaled $X in 2021. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 355%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Kazakhstan represented the largest exporting country with an export of around X tons, which recorded 79% of total exports. It was distantly followed by Kyrgyzstan (X tons), comprising a 21% share of total exports.

Exports from Kazakhstan increased at an average annual rate of +36.3% from 2012 to 2021. At the same time, Kyrgyzstan (+90.0%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +90.0% from 2012-2021. From 2012 to 2021, the share of Kyrgyzstan increased by +20 percentage points.

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

Among the main exporting countries, Kyrgyzstan, with a CAGR of +74.3%, 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 2021, rising by 26% against the previous year. Overall, the export price, however, saw a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 36% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, 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 amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-7.9%).

Skim Milk Imports

Imports in Central Asia

In 2021, after three years of decline, there was significant growth in purchases abroad of skim milk, when their volume increased by 139% to X tons. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 when imports increased by 326%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, skim milk imports surged to $X in 2021. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 253%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Kazakhstan prevails in imports structure, recording X tons, which was near 97% of total imports in 2021. Tajikistan (X tons) held a minor share of total imports.

Kazakhstan was also the fastest-growing in terms of the skim milk imports, with a CAGR of +20.3% from 2012 to 2021. Tajikistan (-7.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kazakhstan increased by +23 percentage points.

In value terms, Kazakhstan ($X) constitutes the largest market for imported skim milk in Central Asia, comprising 96% of total imports. The second position in the ranking was taken by Tajikistan ($X), with a 2.8% share of total imports.

In Kazakhstan, skim milk imports expanded at an average annual rate of +14.4% over the period from 2012-2021.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, with a decrease of -45.3% against the previous year. In general, the import price showed a abrupt descent. The growth pace was the most rapid in 2017 an increase of 22%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Tajikistan ($X per ton), while Kazakhstan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (-1.2%).

Source: IndexBox Platform

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