Central Asia: Walnut Market 2024

Walnut Market Size in Central Asia

The Central Asian walnut market expanded significantly to $X in 2022, increasing by X% against the previous year. The total consumption indicated tangible growth 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, consumption decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Walnut Production in Central Asia

In value terms, walnut production declined to $X in 2022 estimated in export price. The total production indicated a slight 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Uzbekistan (X tons) remains the largest walnut producing country in Central Asia, comprising approx. X% of total volume. Moreover, walnut production in Uzbekistan exceeded the figures recorded by the second-largest producer, Tajikistan (X tons), threefold. The third position in this ranking was taken by Kyrgyzstan (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume in Uzbekistan amounted to X%. In the other countries, the average annual rates were as follows: Tajikistan (X% per year) and Kyrgyzstan (X% per year).

The average walnut yield reduced modestly to X tons per ha in 2022, stabilizing at 2021 figures. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2022, the growth of the walnut 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.

The walnut harvested area was estimated at X ha in 2022, approximately reflecting 2021. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the harvested area dedicated to walnut production attained the maximum at X ha in 2018; however, from 2019 to 2022, the harvested area remained at a lower figure.

Walnut Exports

Exports in Central Asia

In 2022, the amount of walnuts exported in Central Asia soared to X tons, rising by X% on 2021 figures. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, walnut exports fell to $X in 2022. In general, exports showed a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X tons) represented roughly X% of total exports in 2022.

Kyrgyzstan was also the fastest-growing in terms of the walnuts exports, with a CAGR of X% from 2012 to 2022. While the share of Kyrgyzstan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kyrgyzstan ($X) also remains the largest walnut supplier in Central Asia.

In Kyrgyzstan, walnut exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

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

Walnut Imports

Imports in Central Asia

In 2022, imports of walnuts in Central Asia soared to X tons, increasing by X% compared with the year before. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, walnut imports skyrocketed to $X in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Kyrgyzstan (X tons) and Kazakhstan (X tons) prevails in imports structure, together committing X% of total imports. Uzbekistan (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kyrgyzstan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest walnut importing markets in Central Asia were Kazakhstan ($X), Kyrgyzstan ($X) and Uzbekistan ($X), together accounting for X% of total imports.

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

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($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 a decline in the import price figures.

Source: IndexBox Platform

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