Central Asia: Sweet Biscuit Market 2024

Sweet Biscuit Exports

Exports in Central Asia

After five years of growth, overseas shipments of sweet biscuits decreased by -15.9% to X tons in 2021. Overall, exports, however, saw a strong increase. The growth pace was the most rapid in 2016 with an increase of 65%. Over the period under review, the exports hit record highs at X tons in 2020, and then shrank dramatically in the following year.

In value terms, sweet biscuit exports skyrocketed to $X in 2021. In general, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 58% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Kazakhstan dominates exports structure, amounting to X tons, which was near 90% of total exports in 2021. It was distantly followed by Uzbekistan (X tons), committing a 6.2% share of total exports. Kyrgyzstan (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the sweet biscuits exports, with a CAGR of +10.5% from 2012 to 2021. Kyrgyzstan experienced a relatively flat trend pattern. Uzbekistan (-23.9%) illustrated a downward trend over the same period. While the share of Uzbekistan (+6.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kyrgyzstan (-4.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest sweet biscuit supplier in Central Asia, comprising 74% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan amounted to +11.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (+32.8% per year) and Kyrgyzstan (+4.2% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, increasing by 66% against the previous year. Export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+74.6%), while the other leaders experienced more modest paces of growth.

Sweet Biscuit Imports

Imports in Central Asia

For the third year in a row, Central Asia recorded growth in supplies from abroad of sweet biscuits, which increased by 13% to X tons in 2021. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sweet biscuit imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a slight setback. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Kazakhstan was the major importing country with an import of around X tons, which recorded 45% of total imports. Kyrgyzstan (X tons) ranks second in terms of the total imports with a 19% share, followed by Tajikistan (15%), Mongolia (14%) and Uzbekistan (5.1%). Turkmenistan (X tons) followed a long way behind the leaders.

Imports into Kazakhstan decreased at an average annual rate of -2.3% from 2012 to 2021. At the same time, Uzbekistan (+33.4%), Tajikistan (+6.9%), Kyrgyzstan (+4.3%) and Mongolia (+2.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +33.4% from 2012-2021. By contrast, Turkmenistan (-11.9%) illustrated a downward trend over the same period. Tajikistan (+6.2 p.p.), Kyrgyzstan (+5.2 p.p.), Uzbekistan (+5.1 p.p.) and Mongolia (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Turkmenistan and Kazakhstan saw its share reduced by -4.8% and -13.4% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported sweet biscuits in Central Asia, comprising 44% of total imports. The second position in the ranking was taken by Mongolia ($X), with a 17% share of total imports. It was followed by Kyrgyzstan, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan stood at -4.3%. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (+1.2% per year) and Kyrgyzstan (-2.2% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, increasing by 10% against the previous year. In general, the import price, however, continues to indicate a mild curtailment. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+22.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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