Uzbekistan: Nuts Market 2024

Nuts Market Size in Uzbekistan

In 2022, the Uzbek nuts market increased by X% to $X, rising for the fourth consecutive year after three years of decline. In general, the total consumption indicated strong growth 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. Nuts consumption peaked in 2022 and is expected to retain growth in years to come.

Nuts Production in Uzbekistan

In value terms, nuts production reduced to $X in 2022 estimated in export price. Over the period under review, production showed resilient growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

The average yield of nuts in Uzbekistan stood at X tons per ha in 2022, leveling off at the previous year. Overall, the yield indicated prominent growth 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, nuts yield decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the yield increased by X%. Over the period under review, the average nuts yield attained the maximum level at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat 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 nuts were harvested in Uzbekistan; remaining constant against 2021 figures. Over the period under review, the harvested area, however, recorded a slight 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 attained the peak level of X ha. From 2015 to 2022, the growth of the nuts harvested area remained at a lower figure.

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Nuts Exports

Exports from Uzbekistan

Nuts exports from Uzbekistan shrank markedly to X tons in 2022, with a decrease of X% on the previous year. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, nuts exports dropped dramatically to $X in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Turkmenistan (X tons), Kyrgyzstan (X tons) and Kazakhstan (X tons) were the main destinations of nuts exports from Uzbekistan, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kyrgyzstan ($X), Kazakhstan ($X) and the United Arab Emirates ($X) appeared to be the largest markets for nuts exported from Uzbekistan worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average nuts export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then plummeted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into Uzbekistan

Nuts imports into Uzbekistan soared to X tons in 2022, jumping by X% against the year before. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nuts imports surged to $X in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Azerbaijan (X tons), Kyrgyzstan (X tons) and Afghanistan (X tons) were the main suppliers of nuts imports to Uzbekistan, with a combined X% share of total imports.

From 2017 to 2022, the biggest increases were recorded for Afghanistan (with a CAGR of X.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Azerbaijan ($X) constituted the largest supplier of nuts to Uzbekistan, comprising X% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total imports. It was followed by Afghanistan, with a X% share.

From 2017 to 2022, the average annual rate of growth in terms of value from Azerbaijan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kyrgyzstan (X% per year) and Afghanistan (X.5% per year).

Import Prices by Country

In 2022, the average nuts import price amounted to $X per ton, falling by X% against the previous year. In general, the import price recorded a deep contraction. The growth pace was the most rapid in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then fell notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iran ($X per ton), while the price for Afghanistan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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