Central Asia: Market for Starch other than Wheat, Corn or Potato 2024

Market Size for Starch other than Wheat, Corn or Potato in Central Asia

The Central Asian market for starch other than wheat, corn or potato was estimated at $X in 2022, approximately mirroring the previous year. Overall, consumption recorded a resilient expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Starch other than Wheat, Corn or Potato in Central Asia

In value terms, production of starch other than wheat, corn or potato amounted to $X in 2022 estimated in export price. In general, production continues to indicate prominent growth. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Starch other than Wheat, Corn or Potato

Exports in Central Asia

In 2022, shipments abroad of starch other than wheat, corn or potato increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, exports posted a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of starch other than wheat, corn or potato skyrocketed to $X in 2022. In general, exports posted a strong expansion. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Uzbekistan was the main exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Kazakhstan (X tons), constituting a X% share of total exports. Kyrgyzstan (X kg) took a minor share of total exports.

Uzbekistan was also the fastest-growing in terms of the starch other than wheat, corn or potato exports, with a CAGR of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan and Kazakhstan increased by X and X percentage points, respectively.

In value terms, Uzbekistan ($X) remains the largest starch other than wheat, corn or potato supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports.

In Uzbekistan, exports of starch other than wheat, corn or potato expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, rising by X% against the previous year. Overall, the export price posted a measured increase. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Starch other than Wheat, Corn or Potato

Imports in Central Asia

In 2022, supplies from abroad of starch other than wheat, corn or potato was finally on the rise to reach X tons after two years of decline. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of starch other than wheat, corn or potato skyrocketed to $X in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Kazakhstan (X tons) was the main importer of starch other than wheat, corn or potato, generating X% of total imports. It was distantly followed by Tajikistan (X tons) and Kyrgyzstan (X tons), together comprising a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Tajikistan (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported starch other than wheat, corn or potato in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (X% per year) and Tajikistan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw a modest expansion. As a result, import price attained the peak level and is likely to continue 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 ($X per ton), while Tajikistan ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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