Central Asia: Wine Market 2024

Wine Market Size in Central Asia

The Central Asian wine market dropped modestly to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The level of consumption peaked at $X in 2021, and then declined in the following year.

Wine Production in Central Asia

In value terms, wine production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Wine Exports

Exports in Central Asia

In 2022, shipments abroad of wine and grape must was finally on the rise to reach X litres after four years of decline. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X litres. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, wine exports skyrocketed to $X in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uzbekistan dominates exports structure, amounting to X litres, which was approx. X% of total exports in 2022. Kazakhstan (X litres) and Kyrgyzstan (X litres) held a little share of total exports.

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

In value terms, Uzbekistan ($X) remains the largest wine supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total exports.

In Uzbekistan, wine exports contracted by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per litre in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per litre. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per litre), while Uzbekistan ($X per litre) 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 a decline in the export price figures.

Wine Imports

Imports in Central Asia

In 2022, imports of wine and grape must in Central Asia was estimated at X litres, remaining relatively unchanged against the previous year. Over the period under review, imports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wine imports stood at $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

Kazakhstan was the major importer of wine and grape must in Central Asia, with the volume of imports accounting for X litres, which was approx. X% of total imports in 2022. Mongolia (X litres) took the second position in the ranking, distantly followed by Kyrgyzstan (X litres). All these countries together held approx. X% share of total imports. Turkmenistan (X litres) took a relatively small share of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Turkmenistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mongolia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported wine and grape must in Central Asia, comprising X% of total imports. The second position in the ranking was held by Mongolia ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, wine imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per litre in 2022, flattening at the previous year. In general, the import price saw a slight setback. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked at $X per litre in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Turkmenistan ($X per litre), while Kyrgyzstan ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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