Central Asia: Chicory Market 2024

Chicory Market Size in Central Asia

The Central Asian chicory market dropped to $X in 2022, falling by X% against the previous year. In general, consumption saw a deep contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Chicory Production in Central Asia

In value terms, chicory production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Kazakhstan (X tons) remains the largest chicory producing country in Central Asia, accounting for X% of total volume.

In Kazakhstan, chicory production remained relatively stable over the period from 2012-2022.

In 2022, the average yield of chicory in Central Asia fell modestly to X tons per ha, approximately mirroring the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the yield increased by X% against the previous year. Over the period under review, the chicory yield reached the peak level at X tons per ha in 2014; however, from 2015 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of chicory production in Central Asia was estimated at X ha, approximately mirroring 2021 figures. Overall, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to chicory production reached the maximum at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

Chicory Exports

Exports in Central Asia

In 2022, shipments abroad of chicory was finally on the rise to reach X tons after three years of decline. Over the period under review, exports showed a moderate expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, chicory exports reached $X in 2022. Overall, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan was the largest exporter of chicory in Central Asia, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Kazakhstan (X tons), making up a X% share of total exports.

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

In value terms, the largest chicory supplying countries in Central Asia were Uzbekistan ($X) and Kazakhstan ($X).

Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price, however, showed mild growth. The growth pace was the most rapid in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan totaled $X per ton.

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

Chicory Imports

Imports in Central Asia

In 2022, chicory imports in Central Asia soared to X kg, picking up by X% compared with 2021 figures. Over the period under review, imports, however, saw a deep setback. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, chicory imports soared to $X in 2022. Overall, imports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the one major importers of chicory, namely Kazakhstan, represented more than two-thirds of total import.

Kazakhstan was also the fastest-growing in terms of the chicory imports, with a CAGR of X% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported chicory in Central Asia.

In Kazakhstan, chicory imports contracted by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Source: IndexBox Platform

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