Uzbekistan: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Uzbekistan

The Uzbek whole fresh milk market shrank slightly to $X in 2022, almost unchanged from the previous year. In general, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +60.3% against 2015 indices. Over the period under review, the market hit record highs at $X in 2021, and then reduced in the following year.

Whole Fresh Milk Production in Uzbekistan

In value terms, whole fresh milk production contracted modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 -1.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 32%. Whole fresh milk production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Whole Fresh Milk Exports

Exports from Uzbekistan

In 2022, overseas shipments of whole fresh milk decreased by -3.8% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 25%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, whole fresh milk exports shrank to $X in 2022. Overall, total exports indicated a pronounced expansion from 2017 to 2022: its value increased at an average annual rate of +3.0% 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 -32.2% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 32%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Tajikistan (X tons) was the main destination for whole fresh milk exports from Uzbekistan, with a 92% share of total exports. Moreover, whole fresh 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 growth rate of volume to Tajikistan amounted to +21.6%.

In value terms, Tajikistan ($X) remains the key foreign market for whole fresh milk exports from Uzbekistan, comprising 92% of total exports. The second position in the ranking was held by Afghanistan ($X), with an 8.4% share of total exports.

From 2017 to 2022, the average annual growth rate of value to Tajikistan stood at +29.7%.

Export Prices by Country

In 2022, the average whole fresh milk export price amounted to $X per ton, shrinking by -4% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2018 an increase of 18%. 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 foreign 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 (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Fresh Milk Imports

Imports into Uzbekistan

In 2022, after five years of growth, there was decline in overseas purchases of whole fresh milk, when their volume decreased by -0.6% to X tons. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2018 when imports increased by 3,934% against the previous year. Imports peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, whole fresh milk imports soared to $X in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 2,658%. 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 whole fresh milk imports to Uzbekistan, together comprising 86% of total imports.

From 2017 to 2022, the biggest increases were recorded for Iran (with a CAGR of +489.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Russia ($X) and Iran ($X) appeared to be the largest whole fresh milk suppliers to Uzbekistan, with a combined 86% share of total imports.

In terms of the main suppliers, Iran, with a CAGR of +518.1%, saw the highest rates of growth with regard to 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 whole fresh milk import price stood at $X per ton in 2022, jumping by 36% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($X per ton) and Kazakhstan ($X per ton), while the price for Iran ($X per ton) and Belarus ($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 (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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