Report Update Nov 1, 2024

Uzbekistan - Sunflower Oilcake - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Sunflower Oilcake Market 2024

Sunflower Oilcake Market Size in Uzbekistan

The Uzbek sunflower oilcake market surged to $X in 2021, growing by 102% against the previous year. Over the period under review, consumption saw significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sunflower Oilcake Production in Uzbekistan

In value terms, sunflower oilcake production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production enjoyed significant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 149% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Sunflower Oilcake Exports

Exports from Uzbekistan

In 2021, shipments abroad of sunflower oilcake decreased by -81.3% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 698% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then shrank rapidly in the following year.

In value terms, sunflower oilcake exports declined significantly to $X in 2021. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2019 with an increase of 807%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Tajikistan (X tons) was the main destination for sunflower oilcake exports from Uzbekistan, with a approx. 100% share of total exports.

From 2018 to 2021, the average annual rate of growth in terms of volume to Tajikistan stood at +15.5%.

In value terms, Tajikistan ($X) also remains the key foreign market for sunflower oilcake exports from Uzbekistan.

From 2018 to 2021, the average annual rate of growth in terms of value to Tajikistan stood at +41.3%.

Export Prices by Country

The average sunflower oilcake export price stood at $X per ton in 2021, increasing by 77% against the previous year. Overall, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Tajikistan.

From 2018 to 2021, the rate of growth in terms of prices for Tajikistan amounted to +22.3% per year.

Sunflower Oilcake Imports

Imports into Uzbekistan

In 2021, the amount of sunflower oilcake imported into Uzbekistan shrank significantly to X tons, waning by -30.8% compared with the previous year. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 558% against the previous year. As a result, imports reached the peak of X tons, and then contracted remarkably in the following year.

In value terms, sunflower oilcake imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 457% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Kazakhstan (X tons) was the main supplier of sunflower oilcake to Uzbekistan, accounting for a 95% share of total imports. Moreover, sunflower oilcake imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold.

From 2017 to 2021, the average annual growth rate of volume from Kazakhstan amounted to +21.7%.

In value terms, Kazakhstan ($X) constituted the largest supplier of sunflower oilcake to Uzbekistan, comprising 94% of total imports. The second position in the ranking was held by Russia ($X), with a 5.9% share of total imports.

From 2017 to 2021, the average annual rate of growth in terms of value from Kazakhstan amounted to +41.9%.

Import Prices by Country

In 2021, the average sunflower oilcake import price amounted to $X per ton, growing by 88% against the previous year. In general, the import price posted resilient growth. 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, the country with the highest price was Russia ($X per ton), while the price for Kazakhstan stood at $X per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+27.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower oilcake in the world?

China remains the largest sunflower oilcake consuming country worldwide, accounting for 19% of total volume. Moreover, sunflower oilcake consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.6% share.

What are the largest producers of sunflower oilcake in the world?

China constituted the country with the largest volume of sunflower oilcake production, accounting for 17% of total volume. Moreover, sunflower oilcake production in China exceeded the figures recorded by the second-largest producer, India, twofold. Ukraine ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of sunflower oilcake to Uzbekistan?

In value terms, Kazakhstan constituted the largest supplier of sunflower oilcake to Uzbekistan.

What is the average export price for sunflower oilcake in Uzbekistan?

In 2020, the average sunflower oilcake export price amounted to $174 per ton, standing approx. at the previous year.

What is the average import price for sunflower oilcake in Uzbekistan?

In 2020, the average sunflower oilcake import price amounted to $173 per ton, declining by -15.4% against the previous year.

This report provides an in-depth analysis of the sunflower oilcake 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 10414150 - Oilcake and other solid residues resulting from the extraction of sunflower seed fats or oils

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