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Report Central Asia - Spinach - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Spinach - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Spinach Market 2024

Spinach Market Size in Central Asia

In 2022, after two years of decline, there was significant growth in the Central Asian spinach market, when its value increased by 81% to $X. Over the period under review, consumption posted a remarkable increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Spinach Production in Central Asia

In value terms, spinach production expanded markedly to $X in 2022 estimated in export price. Overall, production, however, posted a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 69% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Turkmenistan (X tons) constituted the country with the largest volume of spinach production, comprising approx. 70% of total volume. Moreover, spinach production in Turkmenistan exceeded the figures recorded by the second-largest producer, Uzbekistan (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Turkmenistan stood at +1.3%. In the other countries, the average annual rates were as follows: Uzbekistan (+25.3% per year) and Tajikistan (+1.7% per year).

Spinach Exports

Exports in Central Asia

In 2022, overseas shipments of spinach were finally on the rise to reach X tons after four years of decline. Over the period under review, exports saw a pronounced increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, spinach exports skyrocketed to $X in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan was the main exporter of spinach in Central Asia, with the volume of exports resulting at X tons, which was approx. 90% of total exports in 2022. It was distantly followed by Kyrgyzstan (X tons), comprising a 10% share of total exports.

Exports from Uzbekistan increased at an average annual rate of +2.7% from 2017 to 2022. At the same time, Kyrgyzstan (+3,823.1%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +3,823.1% from 2017-2022. From 2017 to 2022, the share of Kyrgyzstan increased by +10 percentage points.

In value terms, Uzbekistan ($X) remains the largest spinach supplier in Central Asia, comprising 99% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 0.8% share of total exports.

From 2017 to 2022, the average annual growth rate of value in Uzbekistan stood at +28.7%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, dropping by -29.3% against the previous year. Over the period under review, the export price, however, posted a significant increase. The growth pace was the most rapid in 2021 when the export price increased by 156%. As a result, the export price reached the peak level of $X per ton, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan amounted to $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+25.3%).

Spinach Imports

Imports in Central Asia

In 2022, after two years of decline, there was significant growth in supplies from abroad of spinach, when their volume increased by 361% to X tons. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by 4,401%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, spinach imports soared to $X in 2022. Overall, imports saw buoyant growth. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan represented the major importing country with an import of around X tons, which resulted at 64% of total imports. Kyrgyzstan (X tons) took a 27% share (based on physical terms) of total imports, which put it in second place, followed by Mongolia (9.3%).

Imports into Kazakhstan increased at an average annual rate of +14.0% from 2012 to 2022. At the same time, Kyrgyzstan (+16.1%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +16.1% from 2012-2022. By contrast, Mongolia (-34.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan and Mongolia increased by +27 and +9.3 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported spinach in Central Asia, comprising 76% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled +13.7%. In the other countries, the average annual rates were as follows: Kyrgyzstan (+27.8% per year) and Mongolia (-34.5% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, rising by 235% against the previous year. In general, the import price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2014 an increase of 649% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+10.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of spinach consumption in 2021 were Uzbekistan, Turkmenistan and Mongolia, together comprising 98% of total consumption.
The countries with the highest volumes of spinach production in 2021 were Uzbekistan and Turkmenistan.
In value terms, Uzbekistan remains the largest spinach supplier in Central Asia, comprising 94% of total exports. The second position in the ranking was occupied by Kazakhstan, with a 4.3% share of total exports.
In value terms, Mongolia constitutes the largest market for imported spinach in Central Asia, comprising 99% of total imports. The second position in the ranking was occupied by Kyrgyzstan, with a 0.6% share of total imports.
The spinach export price in Central Asia stood at $1,622 per ton in 2021, jumping by 16% against the previous year.
The spinach import price in Central Asia stood at $100,218 per ton in 2021, rising by 3,848% against the previous year.

This report provides an in-depth analysis of the spinach 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:

  • FCL 373 - Spinach

Country coverage:

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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