Uzbekistan: Cherry Market 2024

Cherry Market Size in Uzbekistan

The Uzbek cherry market reached $X in 2022, with an increase of 2% against the previous year. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.0% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Cherry Production in Uzbekistan

In value terms, cherry production reduced to $X in 2022 estimated in export price. In general, production, however, recorded a notable increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 140%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

The average yield of cherries in Uzbekistan fell slightly to X tons per ha in 2022, leveling off at 2021. Overall, the yield indicated a noticeable increase from 2012 to 2022: its figure increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cherry yield increased by +58.0% against 2012 indices. The most prominent rate of growth was recorded in 2017 with an increase of 12%. Over the period under review, the average cherry yield reached the maximum level at X tons per ha in 2021, and then dropped slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of cherries production in Uzbekistan dropped to X ha, falling by -6.1% compared with the year before. Over the period under review, the harvested area, however, recorded strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 24%. The cherry harvested area peaked at X ha in 2021, and then reduced in the following year.

Cherry Exports

Exports from Uzbekistan

In 2022, after two years of growth, there was significant decline in overseas shipments of cherries, when their volume decreased by -55.7% to X tons. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of 112% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, cherry exports declined remarkably to $X in 2022. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 when exports increased by 110%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for cherry exports from Uzbekistan, accounting for a 76% share of total exports. Moreover, cherry exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X tons), fourfold.

From 2017 to 2022, the average annual rate of growth in terms of volume to Russia totaled +56.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-35.2% per year) and Kyrgyzstan (-26.1% per year).

In value terms, Russia ($X) remains the key foreign market for cherries exports from Uzbekistan, comprising 61% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 24% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Russia stood at +42.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-31.9% per year) and Kyrgyzstan (-8.8% per year).

Export Prices by Country

The average cherry export price stood at $X per ton in 2022, dropping by -11.4% against the previous year. Overall, the export price showed a mild descent. The growth pace was the most rapid in 2019 an increase of 43% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Russia ($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 Kyrgyzstan (+23.4%), while the prices for the other major destinations experienced mixed trend patterns.

Cherry Imports

Imports into Uzbekistan

Cherry imports into Uzbekistan stood at X tons in 2021, therefore, remained relatively stable against 2020 figures. In general, imports continue to indicate a precipitous slump. The smallest decline of 99.9% was in 2020. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, cherry imports amounted to $X in 2021. Overall, imports showed a dramatic decrease. The smallest decline of 99.9% was in 2020. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) was the main supplier of cherry to Uzbekistan, with a approx. 100% share of total imports.

From 2019 to 2021, the average annual growth rate of volume from Russia stood at +140.7%.

In value terms, Russia ($X) constituted the largest supplier of cherries to Uzbekistan.

From 2019 to 2021, the average annual rate of growth in terms of value from Russia stood at +209.5%.

Import Prices by Country

The average cherry import price stood at $X per ton in 2021, stabilizing at the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price decreased by 99.9%. The import price peaked at $X per ton in 2019; afterwards, it flattened through to 2021.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2019 to 2021, the rate of growth in terms of prices for Russia amounted to +28.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :