Earlier Report Observations
Between 2018 and 2020, the soybean market volume in Kyrgyzstan first remained stable at around 2 900 t, then dropped to 2 308 t in 2020. Regional trends, including expanding soybean cultivation in Russia and Kazakhstan, influenced supply conditions during this period.
A turning point came in 2021 when the market grew by over 40% to 3 321 t. This surge was primarily driven by the launch of the first fish feed production plant using soybeans, which created a new domestic demand segment. The development of this segment continued to stimulate consumption in 2022, supporting a further rise to 3 398 t despite Russian export duties on soy that may have constrained imports.
In 2023, market volume jumped by 60% to 5 451 t. The ongoing expansion of fish feed production maintained strong demand, which was largely met by a sharp increase in imports, while domestic production slightly declined.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Kyrgyzstan
- 5.1.1. Annual dynamics of production in Kyrgyzstan in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Kyrgyzstan in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Kyrgyzstan
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Kyrgyzstan in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Kyrgyzstan by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Kyrgyzstan in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Kyrgyzstan by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Kyrgyzstan, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Kyrgyzstan by countries, 2018-2025, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Kyrgyzstan in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Kyrgyzstan by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Kyrgyzstan in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Kyrgyzstan by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Kyrgyzstan, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Kyrgyzstan by countries, 2018-2025, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Kyrgyzstan in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Kyrgyzstan by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Kyrgyzstan in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Kyrgyzstan by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Kyrgyzstan, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Kyrgyzstan by countries, 2018-2025, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Kyrgyzstan in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Kyrgyzstan by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Kyrgyzstan in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Kyrgyzstan by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Kyrgyzstan, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Kyrgyzstan by countries, 2018-2025, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production soybeans in Kyrgyzstan
In kind, 2018-2021, t
Top producers of soybeans, 2018-2021
World map of production of soybeans, 2018-2021
Soybean production in Kyrgyzstan rebounded after two years of decline. In 2020, output fell to its lowest point at 2,371 tonnes, marking a significant decrease of 16.4%. However, production recovered strongly in 2021, reaching 2,816 tonnes—an 18.8% increase compared to the previous year.
Annual dynamics of production in Kyrgyzstan in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.3%) | (16.4%) | 18.8% | (0.7%) |
Exports soybeans from Kyrgyzstan
Exports in kind, t
Soybean exports from Kyrgyzstan showed considerable volatility during this period. In 2019, exports bottomed out at just 0.6 tonnes, before surging to a peak of 130.0 tonnes in 2020—a remarkable 130-fold increase. By 2021, exports had declined to 76.6 tonnes, representing a 41.0% decrease from the 2020 high.
Annual dynamics of product's exports from Kyrgyzstan in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 12 887.0% | (41.0%) | - |
From 2018 through 2021, Uzbekistan consistently dominated Kyrgyzstan's soybean export flows, accounting for 99.2% of total volume throughout the period.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Kyrgyzstan in kind, 2018-2021
Exports in value, K $ US
Export values exhibited significant fluctuations during these years. In 2019, soybean export revenue reached its lowest point at just $0.6 thousand, before climbing dramatically to $90.9 thousand in 2020—a 141-fold increase. By 2021, export value had declined to $56.9 thousand, representing a 37.4% decrease compared to the previous year.
Annual dynamics of product's exports from Kyrgyzstan in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 13 963.5% | (37.4%) | - |
Throughout the 2018-2021 period, Uzbekistan remained the overwhelming destination for Kyrgyzstan's soybean exports in value terms, capturing 99.3% of total export revenue.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Kyrgyzstan in value, 2018-2021
Imports soybeans to Kyrgyzstan
Imports in kind, t
Soybean imports to Kyrgyzstan grew for the third consecutive year in 2021. Import volume reached 581.8 tonnes, representing a dramatic 776.3% increase compared to 2020. Over the full 2018-2021 period, imports expanded by 1,594.4%, with an average annual growth rate of 156.8%.
Annual dynamics of product's imports to Kyrgyzstan in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 85.8% | 4.1% | 776.3% | 156.8% |
From 2018 to 2021, Kazakhstan dominated Kyrgyzstan's soybean import market in volume terms, accounting for 86.3% of total imports, while other markets played comparatively minor roles.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Kyrgyzstan in kind, 2018-2021
Imports in value, K $ US
Soybean import values to Kyrgyzstan continued their upward trend for the third straight year in 2021. Import expenditure reached $293.5 thousand, reflecting a substantial 636.9% increase over the previous year. Over the 2018-2021 period, import values grew by 1,178.4%, with an average annual growth rate of 133.8%.
Annual dynamics of product's imports to Kyrgyzstan in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 47.6% | 17.5% | 636.9% | 133.8% |
During the 2018-2021 period, Kazakhstan was the primary source for Kyrgyzstan's soybean imports in value terms, accounting for 83.6% of total import expenditure, with the remainder distributed among several smaller markets.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Kyrgyzstan in value, 2018-2021
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