Uzbekistan: Sugar Crop Market 2024

Sugar Crop Market Size in Uzbekistan

The Uzbek sugar crop market rose sharply to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Sugar Crop Production in Uzbekistan

In value terms, sugar crop production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

The average yield of sugar crops in Uzbekistan was estimated at X tons per ha in 2022, remaining relatively unchanged against the year before. Overall, the yield, however, continues to indicate a mild reduction. The sugar crop yield peaked at X tons per ha in 2018; however, from 2019 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, the harvested area of sugar crops in Uzbekistan reduced rapidly to X ha, which is down by X% compared with 2021. Over the period under review, the harvested area, however, enjoyed a significant expansion. Over the period under review, the harvested area dedicated to sugar crop production reached the maximum at X ha in 2021, and then shrank dramatically in the following year.

Sugar Crop Exports

Exports from Uzbekistan

Sugar crop exports from Uzbekistan surged to X tons in 2022, increasing by X% on 2021 figures. Overall, exports recorded a strong increase. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, sugar crop exports surged to $X in 2022. Over the period under review, exports saw a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for sugar crop exports from Uzbekistan, with a X% share of total exports. Moreover, sugar crop exports to Turkey exceeded the volume sent to the second major destination, Russia (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey was relatively modest.

In value terms, the largest markets for sugar crop exported from Uzbekistan were Russia ($X) and Turkey ($X).

Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average sugar crop export price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Turkey totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%).

Sugar Crop Imports

Imports into Uzbekistan

In 2022, sugar crop imports into Uzbekistan reduced to X kg, which is down by X% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar crop imports rose rapidly to $X in 2022. Overall, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X kg) constituted the largest supplier of sugar crop to Uzbekistan, with a X% share of total imports. Moreover, sugar crop imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X kg), twofold.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%.

In value terms, Turkey ($X) and Russia ($X) appeared to be the largest sugar crop suppliers to Uzbekistan.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average sugar crop import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat 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 Russia ($X per ton), while the price for Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Source: IndexBox Platform

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