Milled Rice Price in Uzbekistan - 2023
Contents:
- Milled Rice Price in Uzbekistan (CIF) - 2023
- Milled Rice Price in Uzbekistan (FOB) - 2022
- Milled Rice Imports in Uzbekistan
- Milled Rice Exports in Uzbekistan
Milled Rice Price in Uzbekistan (CIF) - 2023
The average milled rice import price stood at $306 per ton in May 2023, waning by -8.2% against the previous month. Over the period under review, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 917% against the previous month. As a result, import price reached the peak level of $1,017 per ton. From January 2023 to May 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was Pakistan ($342 per ton), while the price for Kazakhstan totaled $260 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+9.4%).
Milled Rice Price in Uzbekistan (FOB) - 2022
In 2022, the average milled rice export price amounted to $1,125 per ton, surging by 17% against the previous year. In general, the export price, however, continues to indicate a noticeable shrinkage. Over the period under review, the average export prices hit record highs at $1,351 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,055 per ton), while the average price for exports to Kazakhstan ($539 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+23.4%), while the prices for the other major destinations experienced mixed trend patterns.
Milled Rice Imports in Uzbekistan
Milled rice imports into Uzbekistan shrank dramatically to 5.8K tons in 2022, reducing by -68.3% compared with the previous year. Over the period under review, imports showed a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 65%.
In value terms, milled rice imports dropped markedly to $1.8M in 2022. In general, imports faced a dramatic downturn. The growth pace was the most rapid in 2021 when imports increased by 128% against the previous year.
| Import of Milled Rice in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 0.1 | 1.1 | 4.5 | 1.5 | 146.6% |
| Kazakhstan | 9.9 | 1.6 | 2.4 | 0.2 | -72.8% |
| Russia | 1.3 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 0.4 | N/A | 0.1 | -51.9% |
| Total | 12.2 | 3.0 | 6.9 | 1.8 | -47.2% |
Top Suppliers of Milled Rice to Uzbekistan in 2022:
- Russia (undefinedK tons)
- Pakistan (5.0K tons)
- Kazakhstan (0.7K tons)
Milled Rice Exports in Uzbekistan
Milled rice exports from Uzbekistan skyrocketed to 400 tons in 2022, rising by 178% compared with the previous year. Overall, exports, however, saw a precipitous decrease.
In value terms, milled rice exports soared to $449K in 2022. Over the period under review, exports, however, continue to indicate a dramatic setback.
| Export of Milled Rice in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 606 | 114 | 259 | -34.6% | |
| Kyrgyzstan | 55.4 | 11.3 | 75.8 | 17.0% | |
| Kazakhstan | N/A | N/A | 72.9 | 0% | |
| Canada | N/A | N/A | 39.6 | 0% | |
| Saudi Arabia | 99.4 | 11.5 | N/A | -88.4% | |
| Others | N/A | 1.2 | 1.8 | 50.0% | |
| Total | 761 | 138 | 449 | -23.2% | |
Top Export Markets for Milled Rice from Uzbekistan in 2022:
- Kazakhstan (135.3 tons)
- United States (126.2 tons)
- Kyrgyzstan (113.2 tons)
- Canada (22.7 tons)
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