Uzbekistan: Market for Spices Except Pepper or Ginger 2024

Market Size for Spices Except Pepper or Ginger in Uzbekistan

In 2022, after two years of growth, there was significant decline in the Uzbek market for spices except pepper or ginger, when its value decreased by X% to $X. In general, consumption, however, showed a measured expansion. As a result, consumption attained the peak level of $X, and then contracted remarkably in the following year.

Production of Spices Except Pepper or Ginger in Uzbekistan

In value terms, spices except pepper or ginger production dropped notably to $X in 2022 estimated in export price. In general, production continues to indicate a significant increase. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

The average yield of spices except pepper or ginger in Uzbekistan amounted to X tons per ha in 2022, almost unchanged from 2021 figures. Overall, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by X%. Over the period under review, the average spices except pepper or ginger yield hit record highs at X tons per ha in 2017; afterwards, it flattened through to 2022. 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 spices except pepper or ginger were harvested in Uzbekistan; leveling off at the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to spices except pepper or ginger production attained the peak figure at X ha in 2014; however, from 2015 to 2022, the harvested area failed to regain momentum.

Exports of Spices Except Pepper or Ginger

Exports from Uzbekistan

In 2022, after two years of decline, there was significant growth in shipments abroad of spices except pepper or ginger, when their volume increased by X% to X tons. In general, exports saw a significant expansion. 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 remained at a somewhat lower figure.

In value terms, spices except pepper or ginger exports contracted remarkably to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Georgia (X tons), Kyrgyzstan (X tons) and Russia (X tons) were the main destinations of spices except pepper or ginger exports from Uzbekistan, with a combined X% share of total exports. Tajikistan, Kazakhstan, Germany and Ukraine lagged somewhat behind, together accounting for a further X%.

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

In value terms, Russia ($X), Kazakhstan ($X) and Georgia ($X) were the largest markets for spices except pepper or ginger exported from Uzbekistan worldwide, with a combined X% share of total exports. Tajikistan, Germany, Kyrgyzstan and Ukraine lagged somewhat behind, together accounting for a further X%.

Tajikistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for spices except pepper or ginger stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped remarkably in the following year.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spices Except Pepper or Ginger

Imports into Uzbekistan

In 2022, after five years of growth, there was significant decline in purchases abroad of spices except pepper or ginger, when their volume decreased by X% to X tons. In general, total imports indicated a prominent expansion from 2017 to 2022: its volume increased at an average annual rate of X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then reduced markedly in the following year.

In value terms, spices except pepper or ginger imports declined rapidly to $X in 2022. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

Georgia (X tons), India (X tons) and Turkey (X tons) were the main suppliers of spices except pepper or ginger imports to Uzbekistan, with a combined X% share of total imports.

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

In value terms, Georgia ($X) constituted the largest supplier of spices except pepper or ginger to Uzbekistan, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

From 2017 to 2022, the average annual growth rate of value from Georgia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average import price for spices except pepper or ginger amounted to $X per ton, waning by X% against the previous year. Over the last five years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 the United Arab Emirates ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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