Report Update Nov 1, 2024

Central Asia - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Yoghurt Market 2024

Yoghurt Market Size in Central Asia

After two years of growth, the Central Asian yoghurt market decreased by -3.4% to $X in 2022. Over the period under review, consumption recorded a pronounced contraction. The pace of growth was the most pronounced in 2021 with an increase of 8% against the previous year. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Yoghurt Production in Central Asia

In value terms, yoghurt production reached $X in 2022 estimated in export price. Overall, production, however, showed a noticeable decrease. The growth pace was the most rapid in 2018 with an increase of 3.8% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Yoghurt Exports

Exports in Central Asia

In 2022, approx. X tons of yoghurt were exported in Central Asia; picking up by 22% compared with 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 381% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, yoghurt exports skyrocketed to $X in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 275% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan dominates exports structure, amounting to X tons, which was approx. 97% 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 yoghurt exports, with a CAGR of +45.0% from 2012 to 2022. Kyrgyzstan (-1.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan increased by +55 percentage points.

In value terms, Kazakhstan ($X) remains the largest yoghurt supplier in Central Asia, comprising 97% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 3.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to +37.8%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, falling by -3.6% against the previous year. Overall, the export price showed a mild descent. The pace of growth appeared the most rapid in 2020 an increase of 20%. 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 Kyrgyzstan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+4.3%).

Yoghurt Imports

Imports in Central Asia

Yoghurt imports rose modestly to X tons in 2022, growing by 4% against the previous year. Overall, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by 117% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, yoghurt imports shrank slightly to $X in 2022. In general, imports saw noticeable growth. The growth pace was the most rapid in 2017 with an increase of 115%. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

Kazakhstan represented the main importer of yoghurt in Central Asia, with the volume of imports resulting at X tons, which was approx. 43% of total imports in 2022. Uzbekistan (X tons) ranks second in terms of the total imports with a 27% share, followed by Mongolia (17%) and Kyrgyzstan (11%).

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +52.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest yoghurt importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X), together comprising 89% of total imports.

Uzbekistan, with a CAGR of +59.1%, 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, waning by -6% against the previous year. Over the period under review, the import price saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 an increase of 15% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+4.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yoghurt in Central Asia?

Mongolia constituted the country with the largest volume of yoghurt consumption, comprising approx. 90% of total volume. Moreover, yoghurt consumption in Mongolia exceeded the figures recorded by the second-largest consumer, Uzbekistan, more than tenfold. The third position in this ranking was occupied by Kyrgyzstan, with a 2.7% share.

What are the largest producers of yoghurt in Central Asia?

Mongolia constituted the country with the largest volume of yoghurt production, accounting for 100% of total volume.

What are the leading exporters of yoghurt in Central Asia?

In value terms, Kazakhstan remains the largest yoghurt supplier in Central Asia, comprising 95% of total exports. The second position in the ranking was occupied by Kyrgyzstan, with a 4.8% share of total exports.

What are the leading importers of yoghurt in Central Asia?

In value terms, Kazakhstan, Uzbekistan and Mongolia were the countries with the highest levels of imports in 2021, with a combined 87% share of total imports.

What is the average export price for yoghurt in Central Asia?

In 2021, the yoghurt export price in Central Asia amounted to $1,125 per ton, with a decrease of -5.1% against the previous year.

What is the average import price for yoghurt in Central Asia?

In 2021, the yoghurt import price in Central Asia amounted to $1,347 per ton, jumping by 15% against the previous year.

This report provides an in-depth analysis of the yoghurt market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 891 - Yoghurt

Country coverage:

Kazakhstan
Kyrgyzstan
Mongolia
Tajikistan
Turkmenistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Central Asia, split by region and country
Trade (exports and imports) in Central Asia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023