Uzbekistan: Canned Food Market 2024

Canned Food Market Size in Uzbekistan

The Uzbek canned food market expanded sharply to $X in 2021, picking up by 9.9% against the previous year. In general, the total consumption indicated buoyant growth 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, consumption decreased by -7.7% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Canned Food Production in Uzbekistan

In value terms, canned food production stood at $X in 2021 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -7.9% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 54% against the previous year. Canned food production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Canned Food Exports

Exports from Uzbekistan

In 2021, canned food exports from Uzbekistan contracted rapidly to X tons, waning by -53% compared with the previous year's figure. In general, exports, however, recorded a strong increase. The growth pace was the most rapid in 2018 when exports increased by 113%. Over the period under review, the exports hit record highs at X tons in 2020, and then fell remarkably in the following year.

In value terms, canned food exports shrank remarkably to $X in 2021. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 196%. The exports peaked at $X in 2020, and then fell dramatically in the following year.

Exports by Country

Russia (X tons), Kazakhstan (X tons) and Afghanistan (X tons) were the main destinations of canned food exports from Uzbekistan, with a combined 87% share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +34.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for canned food exported from Uzbekistan were Russia ($X), Afghanistan ($X) and Kazakhstan ($X), with a combined 90% share of total exports.

Among the main countries of destination, Russia, with a CAGR of +41.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average canned food export price stood at $X per ton in 2020, dropping by -25% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 55%. As a result, the export price attained the peak level of $X per ton, and then fell remarkably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Afghanistan ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.5%), while the prices for the other major destinations experienced a decline.

Canned Food Imports

Imports into Uzbekistan

After four years of growth, purchases abroad of canned food decreased by -15.2% to X tons in 2021. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 62%. Imports peaked at X tons in 2020, and then shrank remarkably in the following year.

In value terms, canned food imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 66% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Russia (X tons) constituted the largest supplier of canned food to Uzbekistan, with a 66% share of total imports. Moreover, canned food imports from Russia exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), eightfold. Estonia (X tons) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Russia totaled +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+28.6% per year) and Estonia (+24.9% per year).

In value terms, Russia ($X) constituted the largest supplier of canned food to Uzbekistan, comprising 55% of total imports. The second position in the ranking was held by Switzerland ($X), with a 17% share of total imports. It was followed by Estonia, with a 9.6% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Russia totaled +29.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+27.2% per year) and Estonia (+52.4% per year).

Import Prices by Country

In 2020, the average canned food import price amounted to $X per ton, with an increase of 4.4% against the previous year. Overall, the import price, however, showed a noticeable curtailment. The import price peaked at $X per ton in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Estonia (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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