Central Asia: Market for Vegetables (Preserved, Frozen) 2024

Market Size for Vegetables (Preserved, Frozen) in Central Asia

The Central Asian preserved and frozen vegetable market soared to $X in 2022, rising by 59% against the previous year. Overall, consumption showed a significant expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Production of Vegetables (Preserved, Frozen) in Central Asia

In value terms, preserved and frozen vegetable production rose slightly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt decrease. The pace of growth was the most pronounced in 2013 when the production volume increased by 22%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Vegetables (Preserved, Frozen)

Exports in Central Asia

In 2022, the amount of vegetables (preserved, frozen) exported in Central Asia soared to X tons, rising by 1,721% against 2021. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved and frozen vegetable exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, accounting for X tons, which was near 95% of total exports in 2022. Kyrgyzstan (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the vegetables (preserved, frozen) exports, with a CAGR of +78.4% from 2012 to 2022. At the same time, Kyrgyzstan (+12.9%) displayed positive paces of growth. From 2012 to 2022, the share of Kazakhstan increased by +89 percentage points.

In value terms, Kazakhstan ($X) remains the largest preserved and frozen vegetable supplier in Central Asia, comprising 96% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 3.3% share of total exports.

In Kazakhstan, preserved and frozen vegetable exports expanded at an average annual rate of +85.3% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, jumping by 72% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+5.2%).

Imports of Vegetables (Preserved, Frozen)

Imports in Central Asia

Preserved and frozen vegetable imports skyrocketed to X tons in 2022, growing by 42% on the year before. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 65% 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.

In value terms, preserved and frozen vegetable imports skyrocketed to $X in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 66% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Kazakhstan (X tons) was the main importer of vegetables (preserved, frozen), comprising 70% of total imports. Uzbekistan (X tons) took the second position in the ranking, followed by Kyrgyzstan (X tons). All these countries together took near 24% share of total imports. Mongolia (X tons) and Tajikistan (X tons) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of +19.4% from 2012 to 2022. At the same time, Uzbekistan (+52.7%), Kyrgyzstan (+33.3%), Tajikistan (+21.2%) and Mongolia (+6.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +52.7% from 2012-2022. Uzbekistan (+13 p.p.) and Kyrgyzstan (+7.2 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan and Mongolia saw its share reduced by -7.8% and -8.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported vegetables (preserved, frozen) in Central Asia, comprising 72% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 14% share of total imports. It was followed by Kyrgyzstan, with a 7.8% share.

In Kazakhstan, preserved and frozen vegetable imports expanded at an average annual rate of +21.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (+58.9% per year) and Kyrgyzstan (+30.9% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, with an increase of 17% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mongolia ($X per ton), while Kyrgyzstan ($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 (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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