Central Asia: Wheat Gluten Market 2024

Wheat Gluten Market Size in Central Asia

In 2022, the Central Asian wheat gluten market decreased by -5.6% to $X, falling for the fourth year in a row after four years of growth. In general, consumption, however, showed a perceptible decline. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Wheat Gluten Production in Central Asia

In value terms, wheat gluten production stood at $X in 2022 estimated in export price. The total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.0% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 29% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Wheat Gluten Exports

Exports in Central Asia

In 2022, wheat gluten exports in Central Asia soared to X tons, picking up by 28% compared with the year before. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2019 with an increase of 461%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, wheat gluten exports surged to $X in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 390%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Kazakhstan (X tons) represented the main exporter of wheat gluten, making up 81% of total exports. It was distantly followed by Uzbekistan (X tons), achieving a 19% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wheat gluten exports from Kazakhstan stood at +39.0%. At the same time, Uzbekistan (+100.7%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +100.7% from 2012-2022. From 2012 to 2022, the share of Uzbekistan increased by +19 percentage points.

In value terms, Kazakhstan ($X) remains the largest wheat gluten supplier in Central Asia, comprising 84% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 16% share of total exports.

In Kazakhstan, wheat gluten exports increased at an average annual rate of +51.1% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, surging by 28% against the previous year. Overall, the export price posted resilient growth. The growth pace was the most rapid in 2018 when the export price increased by 49% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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 Uzbekistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+21.2%).

Wheat Gluten Imports

Imports in Central Asia

In 2022, the amount of wheat gluten imported in Central Asia rose notably to X tons, picking up by 11% compared with the year before. Overall, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 89% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wheat gluten imports soared to $X in 2022. Over the period under review, imports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2013 when imports increased by 105% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Kazakhstan prevails in imports structure, recording X tons, which was approx. 79% of total imports in 2022. It was distantly followed by Kyrgyzstan (X tons) and Mongolia (X tons), together mixing up a 16% share of total imports. Uzbekistan (X tons) took a little share of total imports.

Imports into Kazakhstan decreased at an average annual rate of -1.5% from 2012 to 2022. At the same time, Uzbekistan (+20.6%) and Kyrgyzstan (+7.4%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +20.6% from 2012-2022. By contrast, Mongolia (-23.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan, Kyrgyzstan and Uzbekistan increased by +32, +6.8 and +4.1 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported wheat gluten in Central Asia, comprising 76% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 12% share of total imports. It was followed by Mongolia, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan was relatively modest. In the other countries, the average annual rates were as follows: Kyrgyzstan (+6.0% per year) and Mongolia (-22.5% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, growing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2016 when the import price increased by 17% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+1.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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