Uzbekistan: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Uzbekistan

The Uzbek breakfast cereal market rose notably to $X in 2021, growing by 6.9% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.6% against 2019 indices. Breakfast cereal consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Breakfast Cereal Production in Uzbekistan

In value terms, breakfast cereal production rose remarkably to $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 41%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Breakfast Cereal Exports

Exports from Uzbekistan

For the fourth consecutive year, Uzbekistan recorded growth in shipments abroad of breakfast cereals, which increased by 72% to X tons in 2021. Over the period under review, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, breakfast cereal exports soared to $X in 2021. In general, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 83%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X tons) was the main destination for breakfast cereal exports from Uzbekistan, with a 87% share of total exports. Moreover, breakfast cereal exports to Kazakhstan exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan amounted to +18.0%.

In value terms, Russia ($X) and Kazakhstan ($X) appeared to be the largest markets for breakfast cereal exported from Uzbekistan worldwide.

Among the main countries of destination, Russia, with a CAGR of +31.2%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average breakfast cereal export price stood at $X per ton in 2021, dropping by -19.7% against the previous year. In general, the export price continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2013 an increase of 6.7% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while the average price for exports to Kazakhstan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+0.8%).

Breakfast Cereal Imports

Imports into Uzbekistan

In 2021, overseas purchases of breakfast cereals decreased by -11.4% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 when imports increased by 89%. Over the period under review, imports reached the maximum at X tons in 2020, and then declined in the following year.

In value terms, breakfast cereal imports surged to $X in 2021. Over the period under review, imports, however, posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of breakfast cereal to Uzbekistan, accounting for a 68% share of total imports. Moreover, breakfast cereal imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The third position in this ranking was held by Ukraine (X tons), with an 8.7% share.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled +34.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+48.2% per year) and Ukraine (+8.6% per year).

In value terms, Russia ($X) constituted the largest supplier of breakfast cereal to Uzbekistan, comprising 75% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 9.9% share of total imports. It was followed by Malaysia, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value from Russia stood at +34.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+22.5% per year) and Malaysia (+25.2% per year).

Import Prices by Country

The average breakfast cereal import price stood at $X per ton in 2021, jumping by 94% against the previous year. Over the period under review, the import price saw a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (+125.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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