Central Asia: Cheese And Curd Market 2024

Cheese And Curd Market Size in Central Asia

In 2022, the Central Asian cheese and curd market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. Over the period under review, consumption, however, recorded a remarkable increase. As a result, consumption attained the peak level of $X, and then fell markedly in the following year.

Cheese And Curd Production in Central Asia

In value terms, cheese and curd production rose modestly to $X in 2022 estimated in export price. In general, production saw a perceptible decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Cheese And Curd Exports

Exports in Central Asia

In 2022, shipments abroad of cheese and curd decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cheese and curd exports reached $X in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

In 2022, Kazakhstan (X tons) and Kyrgyzstan (X tons) represented the main exporter of cheese and curd in Central Asia, comprising X% of total export.

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

In value terms, Kazakhstan ($X) and Kyrgyzstan ($X) were the countries with the highest levels of exports in 2022.

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

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Cheese And Curd Imports

Imports in Central Asia

For the fourth year in a row, Central Asia recorded growth in purchases abroad of cheese and curd, which increased by X% to X tons in 2022. Total imports indicated a temperate expansion from 2012 to 2022: its volume 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, imports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, cheese and curd imports reached $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan prevails in imports structure, recording X tons, which was near X% of total imports in 2022. It was distantly followed by Uzbekistan (X tons), committing a X% share of total imports. The following importers - Mongolia (X tons) and Kyrgyzstan (X tons) - each amounted to an X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cheese and curd imports into Kazakhstan stood at X%. At the same time, Kyrgyzstan (X%), Uzbekistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.), Kyrgyzstan (X p.p.) and Mongolia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Uzbekistan ($X per ton) and Mongolia ($X per ton), while Kyrgyzstan ($X per ton) and Kazakhstan ($X per ton) were 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 a decline in the import price figures.

Source: IndexBox Platform

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