Central Asia: Sugar Crop Market 2024

Sugar Crop Market Size in Central Asia

The Central Asian sugar crop market expanded slightly to $X in 2022, rising by X% against the previous year. 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. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Sugar Crop Production in Central Asia

In value terms, sugar crop production shrank dramatically to $X in 2022 estimated in export price. Over the period under review, production posted a significant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Kyrgyzstan (X tons), Kazakhstan (X tons) and Turkmenistan (X tons), with a combined X% share of total production.

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

The average sugar crop yield surged to X tons per ha in 2022, increasing by X% on the previous year. In general, the yield showed a buoyant increase. The pace of growth appeared the most rapid in 2015 when the yield increased by X% against the previous year. Over the period under review, the sugar crop yield hit record highs at X tons per ha in 2016; however, from 2017 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sugar crop harvested area dropped to X ha in 2022, which is down by X% against 2021 figures. The total harvested area indicated a temperate increase from 2012 to 2022: its figure 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, sugar crop harvested area decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Sugar Crop Exports

Exports in Central Asia

In 2022, overseas shipments of sugar crops decreased by X% to X tons, falling for the sixth consecutive year after five years of growth. Overall, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, sugar crop exports shrank sharply to $X in 2022. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Uzbekistan (X tons) represented the key exporter of sugar crops, committing X% of total exports. Kyrgyzstan (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (X%).

Exports from Uzbekistan increased at an average annual rate of X% from 2012 to 2022. 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 2012-2022. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) emerged as the largest sugar crop supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports.

In Uzbekistan, sugar crop exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: 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, falling by X% against the previous year. Over the period under review, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 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 Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

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

Sugar Crop Imports

Imports in Central Asia

In 2022, purchases abroad of sugar crops decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, sugar crop imports fell dramatically to $X in 2022. In general, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Kazakhstan dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. Uzbekistan (X kg) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the sugar crops imports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Uzbekistan (X p.p.) displayed negative dynamics.

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

In Kazakhstan, sugar crop imports plunged by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Kazakhstan amounted to $X per ton.

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

Source: IndexBox Platform

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