Central Asia: Frozen Sweet Corn Market 2024

Frozen Sweet Corn Market Size in Central Asia

In 2022, after five years of growth, there was significant decline in the Central Asian frozen sweet corn market, when its value decreased by X% to $X. In general, consumption continues to indicate a mild descent. Over the period under review, the market hit record highs at $X in 2021, and then declined markedly in the following year.

Frozen Sweet Corn Production in Central Asia

In value terms, frozen sweet corn production skyrocketed to $X in 2022 estimated in export price. Overall, production recorded a significant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs in 2022 and is likely to see steady growth in the near future.

Uzbekistan (X tons) constituted the country with the largest volume of frozen sweet corn production, accounting for X% of total volume. Moreover, frozen sweet corn production in Uzbekistan exceeded the figures recorded by the second-largest producer, Kyrgyzstan (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume in Uzbekistan amounted to X%.

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Frozen Sweet Corn Exports

Exports in Central Asia

In 2022, overseas shipments of frozen sweet corn increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen sweet corn exports soared to $X in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Uzbekistan dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Kyrgyzstan (X tons), achieving a X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the frozen sweet corn exports, with a CAGR of X% from 2016 to 2022. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. From 2016 to 2022, the share of Uzbekistan and Kyrgyzstan increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) remains the largest frozen sweet corn supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports.

In Uzbekistan, frozen sweet corn exports expanded at an average annual rate of X% over the period from 2016-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price continues to indicate a modest increase. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 2016 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Frozen Sweet Corn Imports

Imports in Central Asia

After two years of decline, purchases abroad of frozen sweet corn increased by X% to X tons in 2022. Over the period under review, imports, however, showed a slight contraction. The pace of growth appeared the most rapid in 2015 when imports increased by X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, frozen sweet corn imports soared to $X in 2022. Overall, imports, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan represented the largest importer of frozen sweet corn in Central Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Uzbekistan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkmenistan (X%). Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to frozen sweet corn imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Tajikistan (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. Uzbekistan (X p.p.), Turkmenistan (X p.p.) and Tajikistan (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported frozen sweet corn in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

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: Uzbekistan (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, with an increase of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 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 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 Tajikistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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