Report Update Nov 1, 2024

Uzbekistan - Soups and Broths - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Soups Market 2024

Soups Market Size in Uzbekistan

In 2021, the Uzbek soups market increased by 80% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, showed strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Soups Production in Uzbekistan

In value terms, soups production contracted modestly to $X in 2021 estimated in export price. Overall, production continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 6.7% against the previous year. Soups production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Soups Exports

Exports from Uzbekistan

In 2021, overseas shipments of soups and broths decreased by -83% to X tons, falling for the second consecutive year after three years of growth. Overall, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2018 with an increase of 167%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, soups exports reduced sharply to $X in 2021. Over the period under review, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 125%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for soups exports from Uzbekistan, with a 93% share of total exports. Moreover, soups exports to Russia exceeded the volume sent to the second major destination, Belarus (X kg), more than tenfold.

From 2017 to 2021, the average annual growth rate of volume to Russia stood at -22.8%.

In value terms, Russia ($X) remains the key foreign market for soups and broths exports from Uzbekistan, comprising 96% of total exports. The second position in the ranking was held by Belarus ($X), with a 2.8% share of total exports.

From 2017 to 2021, the average annual rate of growth in terms of value to Russia totaled -13.4%.

Export Prices by Country

In 2021, the average soups export price amounted to $X per ton, surging by 91% against the previous year. Overall, the export price enjoyed prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Belarus totaled $X per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+48.7%).

Soups Imports

Imports into Uzbekistan

In 2021, after four years of growth, there was significant decline in supplies from abroad of soups and broths, when their volume decreased by -40.8% to X tons. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 29% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then reduced remarkably in the following year.

In value terms, soups imports skyrocketed to $X in 2021. Over the period under review, total imports indicated strong growth from 2017 to 2021: its value increased at an average annual rate of +19.2% 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 +102.2% against 2017 indices. The growth pace was the most rapid in 2019 when imports increased by 36%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) was the main supplier of soups to Uzbekistan, accounting for a 92% share of total imports. Moreover, soups imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.

From 2017 to 2021, the average annual growth rate of volume from Russia stood at -1.5%.

In value terms, Russia ($X) constituted the largest supplier of soups and broths to Uzbekistan, comprising 88% of total imports. The second position in the ranking was taken by Turkey ($X), with a 4.1% share of total imports.

From 2017 to 2021, the average annual growth rate of value from Russia stood at +17.5%.

Import Prices by Country

In 2021, the average soups import price amounted to $X per ton, jumping by 108% against the previous year. Over the period under review, the import price showed a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Turkey totaled $X per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+19.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soups and broths in the world?

The countries with the highest volumes of soups consumption in 2021 were China, the United States and India, with a combined 31% share of global consumption. Japan, Russia, the UK, Brazil, France, Indonesia, Pakistan, Nigeria, Bangladesh and Spain lagged somewhat behind, together comprising a further 27%.

What are the largest producers of soups and broths in the world?

The countries with the highest volumes of soups production in 2021 were China, the United States and India, together comprising 32% of global production. Japan, Russia, the UK, Brazil, Spain, Indonesia, Pakistan, France, Nigeria and Bangladesh lagged somewhat behind, together accounting for a further 27%.

What are the leading suppliers of soups and broths to Uzbekistan?

In value terms, Kazakhstan constituted the largest supplier of soups to Uzbekistan, comprising 70% of total imports. The second position in the ranking was occupied by Russia, with a 29% share of total imports.

What are the leading importers of soups and broths from Uzbekistan?

In value terms, Russia remains the key foreign market for soups exports from Uzbekistan, comprising 91% of total exports. The second position in the ranking was occupied by Kazakhstan, with a 4.1% share of total exports.

What is the average export price for soups and broths in Uzbekistan?

In 2021, the average soups export price amounted to $1,709 per ton, growing by 17% against the previous year.

What is the average import price for soups and broths in Uzbekistan?

In 2021, the average soups import price amounted to $3,118 per ton, surging by 74% against the previous year.

This report provides an in-depth analysis of the soups market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10891100 - Soups and broths and preparations therefor

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023