Central Asia: Grain Market 2024

Grain Market Size in Central Asia

In 2022, after two years of decline, there was growth in the Central Asian grain market, when its value increased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Grain Production in Central Asia

In value terms, grain production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Kazakhstan (X tons) constituted the country with the largest volume of grain production, accounting for X% of total volume. Moreover, grain production in Kazakhstan exceeded the figures recorded by the second-largest producer, Uzbekistan (X tons), threefold. Kyrgyzstan (X tons) ranked third in terms of total production with a X% share.

In Kazakhstan, grain production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

The average grain yield expanded sharply to X tons per ha in 2022, growing by X% against the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the grain yield attained the maximum level at X tons per ha in 2016; however, from 2017 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of grain were harvested in Central Asia; remaining constant against the previous year. In general, the harvested area, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2014 to 2022, the growth of the grain harvested area failed to regain momentum.

Grain Exports

Exports in Central Asia

In 2022, shipments abroad of grain increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, grain exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a measured expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Kazakhstan (X tons) represented roughly X% of total exports in 2022.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of exports of grain. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest grain supplier in Central Asia.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Grain Imports

Imports in Central Asia

For the ninth year in a row, Central Asia recorded growth in overseas purchases of grain, which increased by X% to X tons in 2022. Overall, imports showed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, grain imports surged to $X in 2022. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Uzbekistan (X tons) represented the key importer of grain, comprising X% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a X% share, followed by Tajikistan (X%) and Kyrgyzstan (X%). Turkmenistan (X tons) held a little share of total imports.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan totaled X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Tajikistan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, rising by X% against the previous year. Import price indicated a moderate expansion 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, grain import price increased by X% against 2017 indices. The growth pace was the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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