Central Asia: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Central Asia

The Central Asian whole fresh milk market amounted to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Whole Fresh Milk Production in Central Asia

In value terms, whole fresh milk production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2017 when the production volume increased by 21%. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

The countries with the highest volumes of production in 2022 were Uzbekistan (X tons), Kazakhstan (X tons) and Turkmenistan (X tons), together comprising 84% of total production.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +4.3%), while production for the other leaders experienced more modest paces of growth.

Whole Fresh Milk Exports

Exports in Central Asia

In 2022, overseas shipments of whole fresh milk decreased by -47.8% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports, however, posted a modest increase. The most prominent rate of growth was recorded in 2017 with an increase of 55%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, whole fresh milk exports reduced remarkably to $X in 2022. In general, exports, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 64% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan represented the major exporter of whole fresh milk in Central Asia, with the volume of exports reaching X tons, which was near 59% of total exports in 2022. It was distantly followed by Kyrgyzstan (X tons), constituting a 39% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Kazakhstan (with a CAGR of +24.7%).

In value terms, Kazakhstan ($X) and Kyrgyzstan ($X) were the countries with the highest levels of exports in 2022.

Among the main exporting countries, Kazakhstan, with a CAGR of +22.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, growing by 34% against the previous year. Export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, whole fresh milk export price increased by +63.8% against 2018 indices. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (-0.0%).

Whole Fresh Milk Imports

Imports in Central Asia

In 2022, purchases abroad of whole fresh milk increased by 18% to X tons, rising for the third year in a row after five years of decline. Over the period under review, imports, however, saw a abrupt decrease. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, whole fresh milk imports skyrocketed to $X in 2022. In general, imports, however, saw a deep setback. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan was the main importer of whole fresh milk in Central Asia, with the volume of imports accounting for X tons, which was near 71% of total imports in 2022. It was distantly followed by Kyrgyzstan (X tons) and Uzbekistan (X tons), together mixing up a 25% share of total imports. The following importers - Tajikistan (X tons) and Turkmenistan (X tons) - each amounted to a 4% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to whole fresh milk imports into Kazakhstan stood at -9.5%. At the same time, Uzbekistan (+181.8%) and Kyrgyzstan (+26.6%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +181.8% from 2012-2022. Tajikistan experienced a relatively flat trend pattern. By contrast, Turkmenistan (-7.3%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (+14 p.p.) and Uzbekistan (+10 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (-23.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported whole fresh milk in Central Asia, comprising 65% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with an 18% share of total imports. It was followed by Uzbekistan, with a 12% share.

In Kazakhstan, whole fresh milk imports decreased by an average annual rate of -9.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kyrgyzstan (+28.8% per year) and Uzbekistan (+181.6% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, picking up by 24% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Kazakhstan ($X per ton) and Tajikistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+1.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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