Central Asia: Vinegar Market 2024

Vinegar Market Size in Central Asia

The Central Asian vinegar market shrank to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a strong expansion. The level of consumption peaked at $X in 2021, and then shrank in the following year.

Vinegar Production in Central Asia

In value terms, vinegar production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw strong growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Vinegar Exports

Exports in Central Asia

In 2022, approx. X tons of vinegar were exported in Central Asia; growing by X% compared with the previous year's figure. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, vinegar exports skyrocketed to $X in 2022. Over the period under review, exports posted a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Uzbekistan prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. Kazakhstan (X tons) took the second position in the ranking, followed by Kyrgyzstan (X tons). All these countries together held approx. X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the vinegar exports, with a CAGR of X% from 2012 to 2022. Kazakhstan (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan and Kyrgyzstan increased by X and X percentage points, respectively.

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

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

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price recorded a mild curtailment. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

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

Vinegar Imports

Imports in Central Asia

In 2022, the amount of vinegar imported in Central Asia rose rapidly to X tons, surging by X% against the previous year's figure. Over the period under review, imports posted a strong expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% 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, vinegar imports skyrocketed to $X in 2022. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% 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 major importer of vinegar, making up X% of total imports. Mongolia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (X%) and Kyrgyzstan (X%). Tajikistan (X tons) and Turkmenistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to vinegar imports into Kazakhstan stood at X%. At the same time, Kyrgyzstan (X%), Uzbekistan (X%), Mongolia (X%), Tajikistan (X%) and Turkmenistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Mongolia, Uzbekistan, Kyrgyzstan and Tajikistan increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X), Mongolia ($X) and Uzbekistan ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Uzbekistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :