CIS: Almond Market 2024

Almond Market Size in CIS

The CIS almond market rose markedly to $X in 2022, increasing by X% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value 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, consumption increased by X% against 2018 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Almond Production in CIS

In value terms, almond production contracted to $X in 2022 estimated in export price. Overall, production recorded a buoyant increase. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

The country with the largest volume of almond production was Uzbekistan (X tons), accounting for X% of total volume. Moreover, almond production in Uzbekistan exceeded the figures recorded by the second-largest producer, Tajikistan (X tons), ninefold. The third position in this ranking was taken by Azerbaijan (X tons), with a X% share.

In Uzbekistan, almond production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Tajikistan (X% per year) and Azerbaijan (X% per year).

In 2022, the average yield of almonds in the CIS expanded slightly to X tons per ha, increasing by X% against the previous year's figure. In general, the yield continues to indicate resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the almond 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.

In 2022, approx. X ha of almonds were harvested in the CIS; almost unchanged from the previous year's figure. Over the period under review, the harvested area, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2014 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the almond harvested area remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Almond Exports

Exports in CIS

In 2022, after two years of decline, there was significant growth in shipments abroad of almonds, when their volume increased by X% to X tons. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, almond exports plummeted to $X in 2022. Over the period under review, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Azerbaijan (X tons) and Kyrgyzstan (X tons) were the major exporters of almonds in the CIS, together constituting X% of total exports. It was distantly followed by Uzbekistan (X tons) and Tajikistan (X tons), together generating an X% share of total exports. Moldova (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Azerbaijan ($X), Uzbekistan ($X) and Kyrgyzstan ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

In terms of the main exporting countries, Azerbaijan, 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 more modest paces of growth.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price recorded a perceptible slump. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood 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 ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Almond Imports

Imports in CIS

In 2022, overseas purchases of almonds increased by X% to X tons, rising for the third year in a row after six years of decline. In general, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, almond imports surged to $X in 2022. Overall, imports, however, showed a noticeable curtailment. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Uzbekistan was the largest importing country with an import of about X tons, which amounted to X% of total imports. Kyrgyzstan (X tons) held the second position in the ranking, followed by Kazakhstan (X tons). All these countries together held approx. X% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the almonds imports, with a CAGR of X.6% from 2012 to 2022. At the same time, Kazakhstan (X%), Kyrgyzstan (X%) and Tajikistan (X%) displayed positive paces of growth. While the share of Uzbekistan (X p.p.), Kazakhstan (X p.p.) and Kyrgyzstan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

Uzbekistan, with a CAGR of X.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price faced a deep slump. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Tajikistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :