Central Asia: Lactose Market 2024

Lactose Market Size in Central Asia

The Central Asian lactose market amounted to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a moderate 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 lower figure.

Lactose Production in Central Asia

In value terms, lactose production stood at $X in 2022 estimated in export price. In general, production continues to indicate mild growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Lactose Exports

Exports in Central Asia

After two years of growth, shipments abroad of lactose and lactose syrup decreased by X% to X tons in 2022. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted dramatically in the following year.

In value terms, lactose exports fell sharply to $X in 2022. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Mongolia prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. Kazakhstan (X kg) followed a long way behind the leaders.

Mongolia experienced a relatively flat trend pattern with regard to volume of exports of lactose and lactose syrup. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2013-2022. Mongolia (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In Mongolia, lactose exports declined by an average annual rate of X% over the period from 2013-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Mongolia amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Lactose Imports

Imports in Central Asia

In 2022, overseas purchases of lactose and lactose syrup increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports enjoyed prominent growth. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, lactose imports surged to $X in 2022. In general, imports saw prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Kazakhstan (X tons) represented the major importer of lactose and lactose syrup, making up X% of total imports. Uzbekistan (X tons) took the second position in the ranking, distantly followed by Turkmenistan (X tons) and Mongolia (X tons). All these countries together took near X% 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, Kazakhstan ($X) constitutes the largest market for imported lactose and lactose syrup in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($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 amounted to X%. 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

In 2022, the import price in Central Asia amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady 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 Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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