Central Asia: Potato Market 2024

Potato Market Size in Central Asia

The Central Asian potato market contracted modestly to $X in 2023, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2022, and then shrank slightly in the following year.

Potato Production in Central Asia

In value terms, potato production declined modestly to $X in 2023 estimated in export price. The total production indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a lower figure.

The countries with the highest volumes of production in 2023 were Kazakhstan (X tons), Uzbekistan (X tons) and Kyrgyzstan (X tons), with a combined X% share of total production. Tajikistan, Turkmenistan and Mongolia lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Turkmenistan (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2023, the average yield of potatoes in Central Asia reached X tons per ha, remaining relatively unchanged against 2022 figures. Overall, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2023, 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 2023, approx. X ha of potatoes were harvested in Central Asia; dropping by X% compared with 2022. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2018 with an increase of X%. The level of harvested area peaked at X ha in 2022, and then contracted modestly in the following year.

Potato Exports

Exports in Central Asia

In 2023, exports of potatoes in Central Asia surged to X tons, jumping by X% against 2022 figures. Over the period under review, exports saw a prominent expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports hit record highs in 2023 and are likely to continue growth in years to come.

In value terms, potato exports surged to $X in 2023. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan dominates exports structure, finishing at X tons, which was near X% of total exports in 2023. It was distantly followed by Kyrgyzstan (X tons), comprising a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the potatoes exports, with a CAGR of X% from 2012 to 2023. Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Kazakhstan increased by X percentage points.

In value terms, Kazakhstan ($X) remains the largest potato supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Kazakhstan totaled X%.

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%).

Potato Imports

Imports in Central Asia

Potato imports reached X tons in 2023, remaining stable against 2022. Overall, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, potato imports fell rapidly to $X in 2023. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Uzbekistan dominates imports structure, amounting to X tons, which was near X% of total imports in 2023. It was distantly followed by Turkmenistan (X tons) and Kazakhstan (X tons), together making up a X% share of total imports. Tajikistan (X tons) held a minor share of total imports.

Uzbekistan was also the fastest-growing in terms of the potatoes imports, with a CAGR of X% from 2012 to 2023. At the same time, Tajikistan (X%) displayed positive paces of growth. By contrast, Turkmenistan (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Uzbekistan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported potatoes in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total imports. It was followed by Turkmenistan, with a X% share.

In Uzbekistan, potato imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Turkmenistan (X% per year).

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per ton, shrinking by X% against the previous year. In general, the import price saw a deep downturn. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2023, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Tajikistan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform