Uzbekistan: Cheese Market 2024

Cheese Market Size in Uzbekistan

In 2021, after six years of growth, there was significant decline in the Uzbek cheese market, when its value decreased by -6.6% to $X. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2020, and then reduced in the following year.

Cheese Production in Uzbekistan

In value terms, cheese production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 14%. Over the period under review, production reached the peak level at $X in 2020, and then dropped in the following year.

Cheese Exports

Exports from Uzbekistan

In 2021, overseas shipments of cheese decreased by -51.1% to X tons, falling for the third consecutive year after seven years of growth. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of 67%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, cheese exports dropped markedly to $X in 2021. Overall, exports continue to indicate a deep setback. The growth pace was the most rapid in 2015 with an increase of 58%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for cheese exports from Uzbekistan, accounting for a 83% share of total exports. Moreover, cheese exports to the United States exceeded the volume sent to the second major destination, Kazakhstan (X kg), more than tenfold. The third position in this ranking was taken by Afghanistan (X kg), with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (0.0% per year) and Afghanistan (-36.6% per year).

In value terms, the United States ($X) emerged as the key foreign market for cheese exports from Uzbekistan, comprising 80% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an 8.7% share of total exports. It was followed by Afghanistan, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (0.0% per year) and Afghanistan (-37.0% per year).

Export Prices by Country

The average cheese export price stood at $X per ton in 2021, waning by -4.1% against the previous year. Over the period under review, the export price saw a mild reduction. The most prominent rate of growth was recorded in 2019 an increase of 7%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Tajikistan ($X per ton) and Kyrgyzstan ($X per ton), while the average price for exports to the United States ($X per ton) and Afghanistan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+74.1%), while the prices for the other major destinations experienced a decline.

Cheese Imports

Imports into Uzbekistan

In 2021, the amount of cheese imported into Uzbekistan expanded to X tons, surging by 3.7% compared with the previous year. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 70% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, cheese imports soared to $X in 2021. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 87%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Russia (X tons) constituted the largest cheese supplier to Uzbekistan, accounting for a 56% share of total imports. Moreover, cheese imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X tons), threefold. The third position in this ranking was taken by Lithuania (X tons), with a 15% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from Russia amounted to +40.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+84.7% per year) and Lithuania (+17.7% per year).

In value terms, Russia ($X) constituted the largest supplier of cheese to Uzbekistan, comprising 52% of total imports. The second position in the ranking was taken by Belarus ($X), with a 21% share of total imports. It was followed by Lithuania, with a 6.6% share.

From 2017 to 2021, the average annual rate of growth in terms of value from Russia totaled +55.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+112.2% per year) and Lithuania (+24.6% per year).

Import Prices by Country

In 2021, the average cheese import price amounted to $X per ton, growing by 77% against the previous year. Overall, the import price continues to indicate a strong increase. As a result, import price attained 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 Ukraine ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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