Central Asia: Dried Prune Market 2024

Dried Prune Market Size in Central Asia

The Central Asian dried prune market dropped to $X in 2023, falling by X% against the previous year. Over the period under review, consumption saw a slight reduction. The level of consumption peaked at $X in 2015; however, from 2016 to 2023, consumption failed to regain momentum.

Dried Prune Production in Central Asia

In value terms, dried prune production surged to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Dried Prune Exports

Exports in Central Asia

For the fifth consecutive year, Central Asia recorded growth in shipments abroad of dried prunes, which increased by X% to X tons in 2023. In general, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of export peaked in 2023 and is expected to retain growth in years to come.

In value terms, dried prune exports surged to $X in 2023. Overall, exports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Uzbekistan prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2023. The following exporters - Kyrgyzstan (X tons) and Tajikistan (X tons) - each finished at a X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the dried prunes exports, with a CAGR of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. By contrast, Tajikistan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Tajikistan saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) remains the largest dried prune supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Uzbekistan stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per ton, reducing by X% against the previous year. Overall, the export price showed a mild decrease. The pace of growth was the most pronounced in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the export price figures.

Dried Prune Imports

Imports in Central Asia

After six years of growth, purchases abroad of dried prunes decreased by X% to X tons in 2023. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of import peaked at X tons in 2022, and then shrank rapidly in the following year.

In value terms, dried prune imports dropped notably to $X in 2023. In general, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 when imports increased by X%. The level of import peaked at $X in 2022, and then dropped significantly in the following year.

Imports by Country

In 2023, Kazakhstan (X tons) represented the main importer of dried prunes, generating X% of total imports. It was distantly followed by Mongolia (X tons), making up a X% share of total imports. Kyrgyzstan (X tons) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. While the share of Kazakhstan (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Mongolia (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported dried prunes in Central Asia, comprising X% of total imports. The second position in the ranking was held by Mongolia ($X), with a X% share of total imports.

In Kazakhstan, dried prune imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mongolia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform