Uzbekistan: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2024

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal in Uzbekistan

After two years of growth, the Uzbek meat meals and pellets market decreased by -13.2% to $X in 2021. Overall, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +35.1% against 2018 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in Uzbekistan

In value terms, meat meals and pellets production shrank to $X in 2021 estimated in export price. Over the period under review, the total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +37.0% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 37% against the previous year. As a result, production reached the peak level of $X, and then shrank in the following year.

Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports from Uzbekistan

In 2021, exports of flours, meals and pellets of meat or meat offal from Uzbekistan surged to X tons, growing by 57% compared with the previous year's figure. Overall, exports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of 94% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, meat meals and pellets exports surged to $X in 2021. In general, exports recorded a relatively flat trend pattern. 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 meat meals and pellets exports from Uzbekistan, with a 84% share of total exports. Moreover, meat meals and pellets exports to Hong Kong SAR exceeded the volume sent to the second major destination, Afghanistan (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (-24.2% per year) and China (0.0% per year).

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for flours, meals and pellets of meat or meat offal exports from Uzbekistan, comprising 84% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (-20.8% per year) and China (0.0% per year).

Export Prices by Country

The average meat meals and pellets export price stood at $X per ton in 2021, rising by 36% against the previous year. Overall, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, meat meals and pellets export price increased by +86.5% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while the average price for exports to China ($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 Afghanistan (+4.4%).

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports into Uzbekistan

After two years of decline, overseas purchases of flours, meals and pellets of meat or meat offal increased by 191% to X tons in 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 200%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, meat meals and pellets imports soared to $X in 2021. Over the period under review, imports showed a resilient increase. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belarus (X tons) was the main supplier of meat meals and pellets to Uzbekistan, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Belarus stood at +24.6%.

In value terms, Belarus ($X) constituted the largest supplier of flours, meals and pellets of meat or meat offal to Uzbekistan.

From 2012 to 2021, the average annual growth rate of value from Belarus stood at +27.6%.

Import Prices by Country

In 2021, the average meat meals and pellets import price amounted to $X per ton, rising by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Belarus amounted to +2.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :