Central Asia: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in Central Asia

The Central Asian preserved frozen potato market declined to $X in 2021, which is down by -6.1% against the previous year. In general, consumption saw a noticeable reduction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Preserved Frozen Potato Production in Central Asia

In value terms, preserved frozen potato production shrank to $X in 2021 estimated in export price. Over the period under review, production recorded a pronounced contraction. The pace of growth appeared the most rapid in 2020 with an increase of 32% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

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Preserved Frozen Potato Exports

Exports in Central Asia

Preserved frozen potato exports skyrocketed to X tons in 2021, rising by 77% on the previous year. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 185% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, preserved frozen potato exports surged to $X in 2021. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 360%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

In 2021, Kazakhstan (X tons) represented the main exporter of frozen potatoes prepared or preserved, achieving 71% of total exports. It was distantly followed by Kyrgyzstan (X tons), comprising a 26% share of total exports. Uzbekistan (X tons) took a minor share of total exports.

Kazakhstan was also the fastest-growing in terms of the frozen potatoes prepared or preserved exports, with a CAGR of +65.8% from 2012 to 2021. At the same time, Kyrgyzstan (+26.7%) displayed positive paces of growth. By contrast, Uzbekistan (-27.5%) illustrated a downward trend over the same period. While the share of Kazakhstan (+52 p.p.) and Uzbekistan (+2.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kyrgyzstan (-54.3 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X), Kyrgyzstan ($X) and Uzbekistan ($X) appeared to be the countries with the highest levels of exports in 2021.

Kazakhstan, with a CAGR of +49.7%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, waning by -18.6% against the previous year. In general, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 94%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Kyrgyzstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (-1.0%), while the other leaders experienced a decline in the export price figures.

Preserved Frozen Potato Imports

Imports in Central Asia

In 2021, the amount of frozen potatoes prepared or preserved imported in Central Asia skyrocketed to X tons, with an increase of 77% on 2020 figures. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved frozen potato imports surged to $X in 2021. In general, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan represented the main importer of frozen potatoes prepared or preserved in Central Asia, with the volume of imports resulting at X tons, which was near 74% of total imports in 2021. It was distantly followed by Uzbekistan (X tons), Kyrgyzstan (X tons) and Mongolia (X tons), together making up a 23% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to preserved frozen potato imports into Kazakhstan stood at +19.8%. At the same time, Uzbekistan (+51.6%), Kyrgyzstan (+27.2%), Tajikistan (+24.7%) and Mongolia (+11.3%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +51.6% from 2012-2021. From 2012 to 2021, the share of Uzbekistan and Kyrgyzstan increased by +11 and +2.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported frozen potatoes prepared or preserved in Central Asia, comprising 71% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 13% share of total imports. It was followed by Mongolia, with a 6.6% share.

In Kazakhstan, preserved frozen potato imports expanded at an average annual rate of +17.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+54.2% per year) and Mongolia (+8.7% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, reducing by -5.7% against the previous year. In general, the import price showed a perceptible decrease. The pace of growth was the most pronounced in 2017 when the import price increased by 7.9%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+1.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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