Central Asia: Preserved Sardines Market 2024

Preserved Sardines Market Size in Central Asia

The Central Asian preserved sardines market shrank to $X in 2022, waning by X% against the previous year. In general, consumption, however, continues to indicate resilient growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Preserved Sardines Production in Central Asia

In value terms, preserved sardines production reduced slightly to $X in 2022 estimated in export price. In general, production, however, enjoyed a strong expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Preserved Sardines Exports

Exports in Central Asia

Preserved sardines exports declined modestly to X tons in 2022, which is down by X% compared with 2021 figures. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved sardines exports dropped slightly to $X in 2022. Overall, exports saw a abrupt descent. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Turkmenistan (X tons) and Kazakhstan (X tons) prevails in exports structure, together constituting X% of total exports. It was distantly followed by Uzbekistan (X tons), mixing up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest preserved sardines supplying countries in Central Asia were Kazakhstan ($X), Turkmenistan ($X) and Uzbekistan ($X).

Among the main exporting countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Turkmenistan ($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 export price figures.

Preserved Sardines Imports

Imports in Central Asia

In 2022, purchases abroad of sardines (prepared or preserved) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved sardines imports reduced to $X in 2022. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Uzbekistan represented the largest importer of sardines (prepared or preserved) in Central Asia, with the volume of imports recording X tons, which was near X% of total imports in 2022. Kazakhstan (X tons) held the second position in the ranking, followed by Kyrgyzstan (X tons) and Mongolia (X tons). All these countries together held near X% share of total imports. Turkmenistan (X tons) and Tajikistan (X tons) took a minor 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 Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, leveling off at 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 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then fell modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($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 more modest paces of growth.

Source: IndexBox Platform

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