CIS: Dry Vegetable Market 2024

Dry Vegetable Market Size in CIS

In 2022, the CIS dry vegetable market increased by X% to $X, rising for the third year in a row after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Dry Vegetable Production in CIS

In value terms, dry vegetable production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Dry Vegetable Exports

Exports in CIS

In 2022, shipments abroad of dry vegetables decreased by X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dry vegetable exports contracted to $X in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, Uzbekistan (X tons) represented the main exporter of dry vegetables, generating X% of total exports. Russia (X tons) ranks second in terms of the total exports with a X% share, followed by Kyrgyzstan (X%). Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to dry vegetable exports from Uzbekistan stood at X%. At the same time, Kyrgyzstan (X%), Russia (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Tajikistan (X p.p.) and Russia (X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X), Russia ($X) and Kyrgyzstan ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

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

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the export price figures.

Dry Vegetable Imports

Imports in CIS

In 2022, supplies from abroad of dry vegetables decreased by X% to X tons, falling for the third year in a row after four years of growth. Over the period under review, imports, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, dry vegetable imports amounted to $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Russia dominates imports structure, finishing at X tons, which was near X% of total imports in 2022. Kazakhstan (X tons) took the second position in the ranking, followed by Belarus (X tons). All these countries together took near X% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Tajikistan (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Tajikistan (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported dry vegetables in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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