Central Asia: Sugary Soft Drink Market 2024

Sugary Soft Drink Market Size in Central Asia

In 2023, the Central Asian sugary soft drink market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The total consumption indicated a measured 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, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Sugary Soft Drink Production in Central Asia

In value terms, sugary soft drink production expanded rapidly to $X in 2023 estimated in export price. The total production indicated a temperate 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 decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Sugary Soft Drink Exports

Exports in Central Asia

For the third consecutive year, Central Asia recorded growth in overseas shipments of sugary soft drinks, which increased by X% to X litres in 2023. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to continue growth in years to come.

In value terms, sugary soft drink exports soared to $X in 2023. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Kazakhstan represented the largest exporter of sugary soft drinks in Central Asia, with the volume of exports resulting at X litres, which was approx. X% of total exports in 2023. It was distantly followed by Uzbekistan (X litres), achieving a X% share of total exports. The following exporters - Tajikistan (X litres) and Kyrgyzstan (X litres) - together made up X% of total exports.

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2023. At the same time, Uzbekistan (X%), Tajikistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Uzbekistan and Tajikistan increased by X and X percentage points, respectively.

In value terms, Kazakhstan ($X) remains the largest sugary soft drink supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

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

Export Prices by Country

The export price in Central Asia stood at $X per litre in 2023, rising by X% against the previous year. In general, the export price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2014 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per litre), while Tajikistan ($X per litre) 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 mixed trends in the export price figures.

Sugary Soft Drink Imports

Imports in Central Asia

In 2023, purchases abroad of sugary soft drinks increased by X% to X litres, rising for the seventh year in a row after two years of decline. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the immediate term.

In value terms, sugary soft drink imports expanded slightly to $X in 2023. Over the period under review, imports recorded a remarkable increase. The growth pace was the most rapid in 2017 with an increase of X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

Kazakhstan was the main importing country with an import of about X litres, which accounted for X% of total imports. Kyrgyzstan (X litres) held the second position in the ranking, followed by Uzbekistan (X litres). All these countries together took approx. X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to sugary soft drink imports into Kazakhstan stood at X%. 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. Kazakhstan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan saw its share reduced by X% from 2012 to 2023, respectively.

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

In Kazakhstan, sugary soft drink imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per litre, declining by X% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per litre in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per litre), while Kyrgyzstan ($X per litre) 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