Central Asia: Mustard Flour Market 2020

Mustard Flour Market Size in Central Asia

The revenue of the mustard flour market in Central Asia amounted to $X in 2017, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The mustard flour consumption continues to indicate a strong increase. The growth pace was the most rapid in 2008, when market value increased by X% year-to-year. The level of mustard flour consumption peaked in 2017, and is likely to continue its growth in the near future.

Mustard Flour Exports in Central Asia

The exports amounted to X tons in 2017, jumping by X% against the previous year. The mustard flour exports continue to indicate a strong growth. The growth pace was the most rapid in 2016, when it surged by X% y-o-y. Over the period under review, the mustard flour exports attained its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, mustard flour exports amounted to $X in 2017. The mustard flour exports continue to indicate a prominent increase. Over the period under review, the mustard flour exports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Mustard Flour Exports by Country in Central Asia

Kazakhstan prevails in mustard flour exports structure, reaching X tons, which was approx. X% of total exports in 2017. Kyrgyzstan (X kg) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to mustard flour exports from Kazakhstan stood at +X%. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing exporter in Central Asia, with a CAGR of +X% from 2007-2017. While the share of Kyrgyzstan (-X%) and Kazakhstan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest mustard flour supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan totaled +X%.

Mustard Flour Export Prices by Country in Central Asia

The mustard flour export price in Central Asia stood at $X per ton in 2017, surging by X% against the previous year. The export price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the mustard flour export price increased by +X% against 2008 indices. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. The level of export price peaked in 2017, and is expected to retain its growth in the near future.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Kyrgyzstan ($X per ton) and Kazakhstan ($X per ton), while Kazakhstan ($X per ton) and Kyrgyzstan ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year).

Mustard Flour Imports in Central Asia

In 2017, mustard flour imports in Central Asia totaled X tons, surging by X% against the previous year. The mustard flour imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2008, when imports increased by X% against the previous year. The volume of imports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, mustard flour imports stood at $X in 2017. The mustard flour imports continue to indicate a prominent growth. Over the period under review, the mustard flour imports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Mustard Flour Imports by Country in Central Asia

Kazakhstan dominates mustard flour imports structure, resulting at X tons, which was approx. X% of total imports in 2017. It was distantly followed by Mongolia (X tons), creating X% share of total imports. Kyrgyzstan (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest growing in terms of the mustard flour and meal imports, with a CAGR of +X% from 2007 to 2017. At the same time, Mongolia (+X%) and Kyrgyzstan (+X%) displayed positive paces of growth. While the share of Kyrgyzstan (-X%), Mongolia (-X%) and Kazakhstan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported mustard flour and meal in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, mustard flour imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Mongolia (+X% per year) and Kyrgyzstan (+X% per year).

Mustard Flour Import Prices by Country in Central Asia

In 2017, the mustard flour import price in Central Asia amounted to $X per ton, growing by X% against the previous year. The mustard flour import price continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year. The level of import price peaked of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Kyrgyzstan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mongolia (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform