Central Asia: Confectionery Market 2024

Confectionery Market Size in Central Asia

The Central Asian confectionery market rose to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the market value increased by X%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Confectionery Production in Central Asia

In value terms, confectionery production stood at $X in 2022 estimated in export price. Overall, production, however, saw a mild setback. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Confectionery Exports

Exports in Central Asia

In 2022, confectionery exports in Central Asia soared to X tons, jumping by X% against 2021 figures. Overall, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, confectionery exports surged to $X in 2022. Total exports indicated a strong expansion from 2012 to 2022: its value 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. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan was the major exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Uzbekistan (X tons), mixing up a X% share of total exports. Kyrgyzstan (X tons) held a little share of total exports.

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (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. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan and Kazakhstan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) remains the largest confectionery supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, continues to indicate a slight reduction. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood 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 Kazakhstan ($X per ton), while Uzbekistan ($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 (X%), while the other leaders experienced mixed trends in the export price figures.

Confectionery Imports

Imports in Central Asia

In 2022, the amount of confectionery imported in Central Asia fell modestly to X tons, with a decrease of X% against 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then dropped modestly in the following year.

In value terms, confectionery imports surged to $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value 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 2016 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Kazakhstan (X tons) was the main importer of confectionery, making up X% of total imports. Uzbekistan (X tons) took the second position in the ranking, distantly followed by Mongolia (X tons), Kyrgyzstan (X tons), Tajikistan (X tons) and Turkmenistan (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported confectionery in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at X%. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 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 Mongolia ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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