Report Update Apr 1, 2024

Uzbekistan - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Soya Bean Market 2024

Soya Bean Market Size in Uzbekistan

The Uzbek soya bean market soared to $X in 2022, picking up by X% against the previous year. Overall, consumption posted a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Soya Bean Production in Uzbekistan

In value terms, soya bean production amounted to less than $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume decreased by X%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The average yield of soya beans in Uzbekistan totaled X tons per ha in 2022, stabilizing at the previous year. In general, the yield posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with a decrease of X% against the previous year. Over the period under review, the average soya bean yield attained the peak level in 2022 and is likely to continue growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The soya bean harvested area in Uzbekistan declined rapidly to X ha in 2022, waning by X% on the year before. Over the period under review, the harvested area, however, saw a significant expansion. Over the period under review, the harvested area dedicated to soya bean production attained the peak figure at X ha in 2021, and then fell remarkably in the following year.

Soya Bean Exports

Exports from Uzbekistan

In 2022, soya bean exports from Uzbekistan stood at X tons, flattening at the previous year's figure. Overall, exports continue to indicate a significant expansion. The smallest decline of X% was in 2019. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, soya bean exports amounted to $X in 2022. Over the period under review, exports showed a significant expansion. The smallest decline of X% was in 2019. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Tajikistan (X tons) was the main destination for soya bean exports from Uzbekistan, accounting for a approx. X% share of total exports.

From 2018 to 2022, the average annual growth rate of volume to Tajikistan was relatively modest.

From 2018 to 2022, the average annual rate of growth in terms of value to Tajikistan was relatively modest.

Export Prices by Country

In 2022, the average soya bean export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price saw a dramatic decrease. The most prominent rate of growth was recorded in 2019 when the average export price decreased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Tajikistan.

From 2018 to 2022, the rate of growth in terms of prices for Tajikistan amounted to X% per year.

Soya Bean Imports

Imports into Uzbekistan

In 2022, the amount of soya beans imported into Uzbekistan surged to X tons, jumping by X% against the previous year. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, soya bean imports soared to $X in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

Ukraine (X tons), Kazakhstan (X tons) and Russia (X tons) were the main suppliers of soya bean imports to Uzbekistan, together accounting for X% of total imports.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Kazakhstan ($X) constituted the largest supplier of soya beans to Uzbekistan, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports.

From 2017 to 2022, the average annual growth rate of value from Kazakhstan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the average soya bean import price amounted to $X per ton, reducing by X% against the previous year. Over the last five-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then declined in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soya beans in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and Brazil, together accounting for 60% of global consumption. Argentina, India, Paraguay, Egypt and Russia lagged somewhat behind, together comprising a further 22%.

What are the largest producers of soya beans in the world?

The countries with the highest volumes of production in 2022 were Brazil, the United States and Argentina, together comprising 80% of global production. China, India, Paraguay and Canada lagged somewhat behind, together comprising a further 13%.

What are the leading suppliers of soya beans to Uzbekistan?

In value terms, Kazakhstan constituted the largest supplier of soya beans to Uzbekistan, comprising 60% of total imports. The second position in the ranking was taken by Ukraine, with a 29% share of total imports.

What is the average export price for soya beans in Uzbekistan?

The average soya bean export price stood at $200 per ton in 2022, remaining constant against the previous year.

What is the average import price for soya beans in Uzbekistan?

The average soya bean import price stood at $419 per ton in 2022, falling by -13.1% against the previous year.

This report provides an in-depth analysis of the soya bean market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 236 - Soybeans

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023