Uzbekistan: Tomato Juice Market 2024

Tomato Juice Market Size in Uzbekistan

In 2022, the Uzbek tomato juice market decreased by -2.7% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a pronounced downturn. Tomato juice consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Tomato Juice Production in Uzbekistan

In value terms, tomato juice production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced descent. The growth pace was the most rapid in 2013 when the production volume increased by 6.4%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Tomato Juice Exports

Exports from Uzbekistan

In 2022, approx. X tons of tomato juice were exported from Uzbekistan; increasing by 81% on the year before. Overall, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, tomato juice exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons), Russia (X tons) and South Korea (X tons) were the main destinations of tomato juice exports from Uzbekistan, together comprising 70% of total exports.

From 2017 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +179.6%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Russia ($X) and Kyrgyzstan ($X) constituted the largest markets for tomato juice exported from Uzbekistan worldwide, with a combined 65% share of total exports. South Korea, Tajikistan, Israel and Armenia lagged somewhat behind, together accounting for a further 31%.

In terms of the main countries of destination, South Korea, with a CAGR of +182.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tomato juice export price stood at $X per ton in 2022, reducing by -11.6% against the previous year. Overall, export price indicated a prominent expansion from 2017 to 2022: its price increased at an average annual rate of +6.4% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tomato juice export price increased by +38.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 51%. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Juice Imports

Imports into Uzbekistan

After four years of growth, purchases abroad of tomato juice decreased by -12.4% to X tons in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 371% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell in the following year.

In value terms, tomato juice imports dropped to $X in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 330%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Russia (X tons) constituted the largest tomato juice supplier to Uzbekistan, accounting for a 62% share of total imports. Moreover, tomato juice imports from Russia exceeded the figures recorded by the second-largest supplier, Kyrgyzstan (X tons), threefold. The third position in this ranking was held by Kazakhstan (X tons), with a 17% share.

From 2018 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +85.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Kyrgyzstan (+185.7% per year) and Kazakhstan (+2,579.0% per year).

In value terms, Russia ($X) constituted the largest supplier of tomato juice to Uzbekistan, comprising 64% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a 23% share of total imports. It was followed by Kazakhstan, with a 12% share.

From 2018 to 2022, the average annual rate of growth in terms of value from Russia amounted to +84.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Kyrgyzstan (+241.3% per year) and Kazakhstan (+1,381.3% per year).

Import Prices by Country

In 2022, the average tomato juice import price amounted to $X per ton, approximately equating the previous year. In general, the import price showed a mild setback. The growth pace was the most rapid in 2021 an increase of 4.8% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+19.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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