Uzbekistan: Milk Market 2024

Milk Market Size in Uzbekistan

The Uzbek milk market declined slightly to $X in 2022, approximately reflecting the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. Over the period under review, the market hit record highs at $X in 2021, and then contracted modestly in the following year.

Milk Production in Uzbekistan

In value terms, milk production dropped slightly to $X in 2022 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Milk Exports

Exports from Uzbekistan

In 2022, overseas shipments of milk decreased by X% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, milk exports fell to $X in 2022. In general, total exports indicated pronounced growth from 2017 to 2022: its value increased at an average annual rate of X% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Tajikistan (X tons) was the main destination for milk exports from Uzbekistan, with a X% share of total exports. Moreover, milk exports to Tajikistan exceeded the volume sent to the second major destination, Afghanistan (X tons), more than tenfold.

From 2017 to 2022, the average annual rate of growth in terms of volume to Tajikistan totaled X%.

In value terms, Tajikistan ($X) remains the key foreign market for milk exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was taken by Afghanistan ($X), with an X% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Tajikistan was relatively modest.

Export Prices by Country

In 2022, the average milk export price amounted to $X per ton, declining by X% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while the average price for exports to Tajikistan totaled $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (X%).

Milk Imports

Imports into Uzbekistan

In 2022, after five years of growth, there was decline in supplies from abroad of milk, when their volume decreased by X% to X tons. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, milk imports soared to $X in 2022. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Kazakhstan (X tons), Russia (X tons) and Iran (X tons) were the main suppliers of milk imports to Uzbekistan, together comprising X% of total imports. Turkey and Belarus lagged somewhat behind, together comprising a further X%.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Russia ($X) and Iran ($X) constituted the largest milk suppliers to Uzbekistan, together comprising X% of total imports.

Among the main suppliers, Iran, with a CAGR of X%, recorded 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

The average milk import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price saw a slight expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($X per ton) and Iran ($X per ton), while the price for Belarus ($X per ton) and Turkey ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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