Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan - 2023

Contents:

  1. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan (CIF) - 2023
  2. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan (FOB) - 2022
  3. Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan
  4. Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan (CIF) - 2023

In November 2023, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $1,794 per ton, reducing by -2.7% against the previous month. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 45% against the previous month. As a result, import price attained the peak level of $2,599 per ton. From October 2023 to November 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Russia ($1,902 per ton), while the price for Kazakhstan totaled $1,649 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.3%), while the prices for the other major suppliers experienced a decline.

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan (FOB) - 2022

The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $1,578 per ton in 2022, waning by -31.4% against the previous year. Over the period under review, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. As a result, the export price reached the peak level of $2,301 per ton, and then plummeted in the following year.

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 ($2,529 per ton), while the average price for exports to Tajikistan ($721 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 Tajikistan (+31.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan

In 2022, approx. 1.7K tons of soups and broths and preparations therefor; homogenised composite food preparationses were imported into Uzbekistan; picking up by 4.7% against the previous year's figure. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses rose remarkably to $3.4M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1.81.62.02.03.6%
Russia0.70.81.00.98.7%
United StatesN/AN/AN/A0.40%
Others0.10.10.1N/A0.0%
Total2.62.53.13.49.4%

Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Uzbekistan in 2022:

  1. Kazakhstan (1078.0 tons)
  2. Russia (459.4 tons)
  3. United States (131.4 tons)

Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan

In 2022, after two years of decline, there was significant growth in shipments abroad of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume increased by 86% to 25 tons. Overall, exports, however, recorded a dramatic setback.

In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses skyrocketed to $40K in 2022. Over the period under review, exports, however, saw a precipitous setback.

Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia12585.928.829.6-38.1%
TajikistanN/AN/A0.19.39200.0%
BelarusN/A3.00.90.9-45.2%
Others0.22.71.50.1-20.6%
Total12591.631.239.9-31.7%

Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Uzbekistan in 2022:

  1. Tajikistan (12.9 tons)
  2. Russia (11.7 tons)
  3. Belarus (0.7 tons)

Source: IndexBox Market Intelligence Platform

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