Uzbekistan: Potato Market 2024

Potato Market Size in Uzbekistan

After two years of growth, the Uzbek potato market decreased by -9.2% to $X in 2021. Overall, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.1% against 2017 indices. Potato consumption peaked at $X in 2020, and then shrank in the following year.

Potato Production in Uzbekistan

In value terms, potato production fell sharply to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 106%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

The average yield of potatoes in Uzbekistan stood at X tons per ha in 2021, approximately mirroring 2020. The yield figure increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 9.6%. The potato yield peaked at X tons per ha in 2017; however, from 2018 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of potatoes in Uzbekistan reduced to X ha, waning by -1.8% against 2020. The harvested area increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 10% against the previous year. The potato harvested area peaked at X ha in 2020, and then fell slightly in the following year.

Potato Exports

Exports from Uzbekistan

In 2021, approx. X tons of potatoes were exported from Uzbekistan; growing by 6.1% compared with 2020 figures. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by 1,864%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, potato exports surged to $X in 2021. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2019 when exports increased by 2,904% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for potato exports from Uzbekistan, accounting for a 59% share of total exports. Moreover, potato exports to Kazakhstan exceeded the volume sent to the second major destination, Russia (X tons), twofold.

From 2017 to 2021, the average annual growth rate of volume to Kazakhstan totaled +73.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+59.3% per year) and Kyrgyzstan (+28.3% per year).

In value terms, Kazakhstan ($X), Russia ($X) and Kyrgyzstan ($X) were the largest markets for potato exported from Uzbekistan worldwide.

Kazakhstan, with a CAGR of +121.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average potato export price amounted to $X per ton, picking up by 23% against the previous year. Overall, the export price saw significant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Imports

Imports into Uzbekistan

For the fifth year in a row, Uzbekistan recorded growth in overseas purchases of potatoes, which increased by 3.6% to X tons in 2021. Overall, total imports indicated strong growth from 2017 to 2021: its volume increased at an average annual rate of +16.3% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.0% against 2017 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, potato imports soared to $X in 2021. Over the period under review, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Kazakhstan (X tons) constituted the largest potato supplier to Uzbekistan, with a 87% share of total imports. Moreover, potato imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Kyrgyzstan (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 2.7% share.

From 2017 to 2021, the average annual growth rate of volume from Kazakhstan amounted to +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Kyrgyzstan (+37.7% per year) and the Netherlands (+13.0% per year).

In value terms, Kazakhstan ($X) constituted the largest supplier of potato to Uzbekistan, comprising 71% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports. It was followed by Kyrgyzstan, with a 10% share.

From 2017 to 2021, the average annual growth rate of value from Kazakhstan stood at +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+17.1% per year) and Kyrgyzstan (+59.0% per year).

Import Prices by Country

The average potato import price stood at $X per ton in 2021, with an increase of 71% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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