Central Asia: Animal Feed Market 2024

Animal Feed Market Size in Central Asia

The Central Asian animal feed market reached $X in 2022, picking up by X% against the previous year. Over the period under review, consumption continues to indicate a buoyant increase. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Animal Feed Production in Central Asia

In value terms, animal feed production rose significantly to $X in 2022 estimated in export price. In general, production continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Animal Feed Exports

Exports in Central Asia

For the seventh year in a row, Central Asia recorded growth in overseas shipments of animal and pet feed, which increased by X% to X tons in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, animal feed exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The shipments of the two major exporters of animal and pet feed, namely Kazakhstan and Uzbekistan, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Kazakhstan (with a CAGR of X%).

In value terms, the largest animal feed supplying countries in Central Asia were Uzbekistan ($X) and Kazakhstan ($X).

Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Animal Feed Imports

Imports in Central Asia

In 2022, purchases abroad of animal and pet feed increased by X% to X tons, rising for the sixth year in a row after two years of decline. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, animal feed imports surged to $X in 2022. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Tajikistan (X tons) represented the main importer of animal and pet feed, constituting X% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a X% share, followed by Uzbekistan (X%), Kyrgyzstan (X%) and Turkmenistan (X%). Mongolia (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to animal feed imports into Tajikistan stood at X%. At the same time, Uzbekistan (X%), Kyrgyzstan (X%) and Turkmenistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) and Mongolia (X%) illustrated a downward trend over the same period. Tajikistan (X p.p.), Uzbekistan (X p.p.), Kyrgyzstan (X p.p.) and Turkmenistan (X p.p.) significantly strengthened its position in terms of the total imports, while Mongolia and Kazakhstan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X), Tajikistan ($X) and Uzbekistan ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, picking up by X% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal feed import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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