Central Asia: Dry Peas Market 2024

Dry Peas Market Size in Central Asia

After two years of growth, the Central Asian dry peas market decreased by X% to $X in 2023. Overall, consumption, however, saw a prominent expansion. As a result, consumption attained the peak level of $X, and then reduced remarkably in the following year.

Dry Peas Production in Central Asia

In value terms, dry peas production reached $X in 2023 estimated in export price. The total production indicated a pronounced expansion 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 increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Kazakhstan (X tons) remains the largest dry peas producing country in Central Asia, accounting for X% of total volume. Moreover, dry peas production in Kazakhstan exceeded the figures recorded by the second-largest producer, Turkmenistan (X tons), eightfold. Tajikistan (X tons) ranked third in terms of total production with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume in Kazakhstan amounted to X%. The remaining producing countries recorded the following average annual rates of production growth: Turkmenistan (X% per year) and Tajikistan (X% per year).

In 2023, the average yield of peas (dry) in Central Asia shrank to X tons per ha, waning by X% compared with 2022 figures. The yield indicated pronounced growth from 2012 to 2023: its figure 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 peas yield increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, the dry peas yield reached the peak level at X tons per ha in 2018; however, from 2019 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the harvested area of peas (dry) in Central Asia reduced to X ha, with a decrease of X% compared with 2022 figures. In general, the harvested area, however, continues to indicate a tangible expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2022, and then reduced in the following year.

Dry Peas Exports

Exports in Central Asia

In 2023, exports of peas (dry) in Central Asia expanded markedly to X tons, increasing by X% against the previous year. Overall, exports showed strong growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, dry peas exports reduced to $X in 2023. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan was the major exporter of peas (dry) in Central Asia, with the volume of exports reaching X tons, which was near X% of total exports in 2023. It was distantly followed by Kyrgyzstan (X tons), achieving a X% share of total exports. Uzbekistan (X tons) held a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Kyrgyzstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kyrgyzstan ($X), Kazakhstan ($X) and Uzbekistan ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Kyrgyzstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 Central Asia stood at $X per ton in 2023, reducing by X% against the previous year. Export price indicated a pronounced expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry peas export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2022, and then contracted sharply in the following year.

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

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

Dry Peas Imports

Imports in Central Asia

After six years of growth, purchases abroad of peas (dry) decreased by X% to X tons in 2023. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2022, and then shrank in the following year.

In value terms, dry peas imports contracted sharply to $X in 2023. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2022, and then reduced notably in the following year.

Imports by Country

In 2023, Kyrgyzstan (X tons) was the largest importer of peas (dry), committing X% of total imports. Uzbekistan (X tons) held the second position in the ranking, followed by Kazakhstan (X tons). All these countries together held approx. X% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

Kyrgyzstan was also the fastest-growing in terms of the peas (dry) imports, with a CAGR of X% from 2012 to 2023. At the same time, Kazakhstan (X%) and Uzbekistan (X%) displayed positive paces of growth. Tajikistan experienced a relatively flat trend pattern. From 2012 to 2023, the share of Kyrgyzstan and Uzbekistan increased by X and X percentage points, respectively.

In value terms, Kyrgyzstan ($X) constitutes the largest market for imported peas (dry) in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Kyrgyzstan totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per ton, dropping by X% against the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 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 Tajikistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform