Central Asia: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Central Asia

The Central Asian tomato ketchup market contracted to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Tomato Ketchup Production in Central Asia

In value terms, tomato ketchup production fell slightly to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2017 with an increase of 24%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Tomato Ketchup Exports

Exports in Central Asia

Tomato ketchup exports soared to X tons in 2022, increasing by 52% on the previous year's figure. In general, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of 102%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, tomato ketchup exports skyrocketed to $X in 2022. Overall, exports saw a strong increase. The growth pace was the most rapid in 2019 when exports increased by 129% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Kazakhstan dominates exports structure, reaching X tons, which was near 92% of total exports in 2022. It was distantly followed by Kyrgyzstan (X tons), constituting a 4.9% share of total exports. Uzbekistan (X tons) took a relatively small share of total exports.

Exports from Kazakhstan increased at an average annual rate of +13.9% from 2012 to 2022. At the same time, Uzbekistan (+135.9%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +135.9% from 2012-2022. By contrast, Kyrgyzstan (-5.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan and Uzbekistan increased by +18 and +2.7 percentage points, respectively.

In value terms, Kazakhstan ($X) remains the largest tomato ketchup supplier in Central Asia, comprising 94% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 3.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at +11.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (+0.5% per year) and Uzbekistan (+152.4% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, rising by 16% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the export price increased by 31%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+7.0%), while the other leaders experienced mixed trends in the export price figures.

Tomato Ketchup Imports

Imports in Central Asia

In 2022, purchases abroad of tomato ketchup and tomato sauces decreased by -3.2% to X tons for the first time since 2018, thus ending a three-year rising trend. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.7% 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 +51.8% against 2013 indices. The pace of growth appeared the most rapid in 2013 with an increase of 26%. The volume of import peaked at X tons in 2021, and then contracted slightly in the following year.

In value terms, tomato ketchup imports soared to $X in 2022. Over the period under review, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of 37% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Kazakhstan (X tons) represented the main importer of tomato ketchup and tomato sauces, achieving 57% of total imports. It was distantly followed by Uzbekistan (X tons), Kyrgyzstan (X tons) and Mongolia (X tons), together generating a 37% share of total imports. Turkmenistan (X tons) and Tajikistan (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to tomato ketchup imports into Kazakhstan stood at +6.1%. At the same time, Uzbekistan (+39.9%), Kyrgyzstan (+8.5%), Tajikistan (+2.3%) and Mongolia (+2.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +39.9% from 2012-2022. Turkmenistan experienced a relatively flat trend pattern. While the share of Uzbekistan (+14 p.p.) and Kyrgyzstan (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (-3.5 p.p.), Turkmenistan (-4.5 p.p.) and Mongolia (-6.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported tomato ketchup and tomato sauces in Central Asia, comprising 59% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 14% share of total imports. It was followed by Kyrgyzstan, with a 12% share.

In Kazakhstan, tomato ketchup imports increased at an average annual rate of +8.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (+44.4% per year) and Kyrgyzstan (+10.2% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, jumping by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Kazakhstan ($X per ton) and Kyrgyzstan ($X per ton), while Turkmenistan ($X per ton) and Tajikistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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