Central Asia: Shelled Walnut Market 2024

Shelled Walnut Market Size in Central Asia

In 2022, after two years of growth, there was decline in the Central Asian shelled walnut market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Shelled Walnut Production in Central Asia

In value terms, shelled walnut production rose slightly to $X in 2022 estimated in export price. The total output value 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 growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Shelled Walnut Exports

Exports in Central Asia

In 2022, the amount of shelled walnuts exported in Central Asia skyrocketed to X tons, jumping by X% against 2021. Overall, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, shelled walnut exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a notable increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan was the key exporter of shelled walnuts in Central Asia, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Uzbekistan (X tons), mixing up a X% share of total exports.

Kyrgyzstan was also the fastest-growing in terms of the shelled walnuts exports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X%) illustrated a downward trend over the same period. Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while Uzbekistan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kyrgyzstan ($X) and Uzbekistan ($X) appeared to be the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Kyrgyzstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat 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 Uzbekistan ($X per ton), while Kyrgyzstan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%).

Shelled Walnut Imports

Imports in Central Asia

In 2022, overseas purchases of shelled walnuts increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports saw a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, shelled walnut imports skyrocketed to $X in 2022. In general, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

In 2022, Kyrgyzstan (X tons) was the largest importer of shelled walnuts, achieving X% of total imports. It was distantly followed by Kazakhstan (X tons), creating a X% share of total imports. The following importers - Turkmenistan (X tons) and Uzbekistan (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to shelled walnut imports into Kyrgyzstan stood at X%. At the same time, Uzbekistan (X%) and Turkmenistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (X p.p.), Uzbekistan (X p.p.) and Turkmenistan (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, Kyrgyzstan ($X) constitutes the largest market for imported shelled walnuts in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

In Kyrgyzstan, shelled walnut imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Turkmenistan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Uzbekistan ($X per ton), while Kyrgyzstan ($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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