Central Asia: Market for Flaked or Rolled Cereals 2024

Market Size for Flaked or Rolled Cereals in Central Asia

The Central Asian flaked or rolled cereal market was estimated at $X in 2022, picking up by X% against the previous year. The total consumption indicated a measured expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Flaked or Rolled Cereals in Central Asia

In value terms, flaked or rolled cereal production expanded significantly to $X in 2022 estimated in export price. The total production indicated a measured expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Flaked or Rolled Cereals

Exports in Central Asia

In 2022, overseas shipments of flaked or rolled cereals increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, flaked or rolled cereal exports skyrocketed to $X in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Kazakhstan dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to flaked or rolled cereal exports from Kazakhstan stood at X%. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Kyrgyzstan increased by X percentage points.

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

In Kazakhstan, flaked or rolled cereal exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price showed a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 Kazakhstan ($X per ton), while Kyrgyzstan amounted to $X per ton.

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

Imports of Flaked or Rolled Cereals

Imports in Central Asia

In 2022, overseas purchases of flaked or rolled cereals increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, flaked or rolled cereal imports expanded significantly to $X in 2022. In general, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

Uzbekistan was the major importing country with an import of around X tons, which accounted for X% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a X% share, followed by Mongolia (X%), Turkmenistan (X%) and Tajikistan (X%). Kyrgyzstan (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Mongolia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Mongolia ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Mongolia, with a CAGR of X%, saw the highest growth rate of 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 import price in Central Asia stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform