Uzbekistan: Canned Meat Market 2024

Canned Meat Market Size in Uzbekistan

The Uzbek canned meat market skyrocketed to $X in 2021, growing by 16% against the previous year. In general, consumption showed strong growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Canned Meat Production in Uzbekistan

In value terms, canned meat production surged to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a prominent increase. The growth pace was the most rapid in 2019 with an increase of 99% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Canned Meat Exports

Exports from Uzbekistan

In 2021, approx. X tons of canned meat were exported from Uzbekistan; increasing by 4,309% on the previous year. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, canned meat exports skyrocketed to $X in 2021. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X tons) was the main destination for canned meat exports from Uzbekistan, accounting for a 73% share of total exports. Moreover, canned meat exports to Hong Kong SAR exceeded the volume sent to the second major destination, Tajikistan (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR amounted to +4,688.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+423.1% per year) and the United Arab Emirates (+58,020.0% per year).

In value terms, Hong Kong SAR ($X), Tajikistan ($X) and Afghanistan ($X) appeared to be the largest markets for canned meat exported from Uzbekistan worldwide, together accounting for 96% of total exports. These countries were followed by the United Arab Emirates, which accounted for a further 4.1%.

The United Arab Emirates, with a CAGR of +13,544.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average canned meat export price amounted to $X per ton, falling by -83.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 102%. The export price peaked at $X per ton in 2020, and then declined rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+87.5%), while the prices for the other major destinations experienced mixed trend patterns.

Canned Meat Imports

Imports into Uzbekistan

After two years of growth, overseas purchases of canned meat decreased by -35.8% to X tons in 2021. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 248%. As a result, imports reached the peak of X tons, and then declined sharply in the following year.

In value terms, canned meat imports fell to $X in 2021. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 203% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of canned meat to Uzbekistan, with a 57% share of total imports. Moreover, canned meat imports from Russia exceeded the figures recorded by the second-largest supplier, Canada (X tons), threefold. Brazil (X tons) ranked third in terms of total imports with a 10% share.

From 2017 to 2021, the average annual growth rate of volume from Russia stood at +157.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+18.4% per year) and Brazil (+46.0% per year).

In value terms, Russia ($X), Canada ($X) and Brazil ($X) constituted the largest canned meat suppliers to Uzbekistan, with a combined 86% share of total imports.

Among the main suppliers, Russia, with a CAGR of +158.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average canned meat import price amounted to $X per ton, with an increase of 35% against the previous year. Over the last four-year period, it increased at an average annual rate of +7.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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