Central Asia: Dry Bean Market 2024

Dry Bean Market Size in Central Asia

The Central Asian dry bean market fell to $X in 2023, which is down by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.

Dry Bean Production in Central Asia

In value terms, dry bean production expanded remarkably to $X in 2023 estimated in export price. The total production indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a lower figure.

The countries with the highest volumes of production in 2023 were Uzbekistan (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons), with a combined X% share of total production. These countries were followed by Tajikistan, which accounted for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Tajikistan (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2023, the average dry bean yield in Central Asia rose sharply to X tons per ha, picking up by X% on 2022. Over the period under review, the yield, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2019 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2023, 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 2023, approx. X ha of beans (dry) were harvested in Central Asia; waning by X% compared with the previous year. In general, the harvested area, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2018 to 2023, the growth of the dry bean harvested area remained at a lower figure.

Dry Bean Exports

Exports in Central Asia

In 2023, the amount of beans (dry) exported in Central Asia rose markedly to X tons, growing by X% against 2022 figures. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, dry bean exports skyrocketed to $X in 2023. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan was the major exporter of beans (dry) in Central Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. It was distantly followed by Kyrgyzstan (X tons), mixing up a X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the beans (dry) exports, with a CAGR of X% from 2012 to 2023. Kyrgyzstan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan saw its share reduced by X% from 2012 to 2023, respectively.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Uzbekistan totaled X%.

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per ton, increasing by X% against the previous year. Export price indicated a moderate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry bean export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2023 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Dry Bean Imports

Imports in Central Asia

In 2023, overseas purchases of beans (dry) decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2022, and then contracted rapidly in the following year.

In value terms, dry bean imports surged to $X in 2023. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are likely to see gradual growth in years to come.

Imports by Country

In 2023, Kazakhstan (X tons) represented the largest importer of beans (dry), comprising X% of total imports. It was distantly followed by Uzbekistan (X tons), comprising 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, Uzbekistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Uzbekistan and Kyrgyzstan increased by X and X percentage points, respectively.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

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 Uzbekistan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, 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