Uzbekistan: Canned Vegetable Market 2024

Canned Vegetable Market Size in Uzbekistan

The Uzbek canned vegetable market soared to $X in 2022, growing by 20% against the previous year. Overall, consumption saw a significant expansion. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the immediate term.

Canned Vegetable Production in Uzbekistan

In value terms, canned vegetable production dropped to $X in 2022 estimated in export price. Overall, production saw a abrupt descent. The growth pace was the most rapid in 2019 when the production volume increased by 26%. Canned vegetable production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Canned Vegetable Exports

Exports from Uzbekistan

Canned vegetable exports from Uzbekistan surged to X tons in 2022, increasing by 37% on the previous year. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 431% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, canned vegetable exports soared to $X in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 398%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for canned vegetable exports from Uzbekistan, accounting for a 79% share of total exports. Moreover, canned vegetable exports to Russia exceeded the volume sent to the second major destination, Tajikistan (X tons), ninefold. The third position in this ranking was held by Kazakhstan (X tons), with a 5.2% share.

From 2017 to 2022, the average annual growth rate of volume to Russia totaled +146.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+75.8% per year) and Kazakhstan (-15.7% per year).

In value terms, Russia ($X) remains the key foreign market for canned vegetables exports from Uzbekistan, comprising 81% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 9.9% share of total exports. It was followed by Kazakhstan, with a 2.8% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Russia totaled +131.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+73.4% per year) and Kazakhstan (-19.8% per year).

Export Prices by Country

In 2022, the average canned vegetable export price amounted to $X per ton, with a decrease of -15.2% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2019 an increase of 37% against the previous year. The export price peaked at $X per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-1.3%), while the prices for the other major destinations experienced a decline.

Canned Vegetable Imports

Imports into Uzbekistan

In 2022, approx. X tons of canned vegetables were imported into Uzbekistan; jumping by 48% on the previous year. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 70% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, canned vegetable imports skyrocketed to $X in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 99% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest canned vegetable supplier to Uzbekistan, with a 79% share of total imports. Moreover, canned vegetable imports from Russia exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold. The third position in this ranking was taken by China (X tons), with a 4.7% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Russia totaled +36.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+18.4% per year) and China (+55.3% per year).

In value terms, Russia ($X) constituted the largest supplier of canned vegetables to Uzbekistan, comprising 86% of total imports. The second position in the ranking was taken by Spain ($X), with a 3.6% share of total imports. It was followed by Kazakhstan, with a 2.6% share.

From 2017 to 2022, the average annual growth rate of value from Russia amounted to +65.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+18.7% per year) and Kazakhstan (+140.9% per year).

Import Prices by Country

The average canned vegetable import price stood at $X per ton in 2022, with a decrease of -12.2% against the previous year. Overall, the import price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 64%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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