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Central Asia is a diverse, important corner of the world and a growing market for U.S. goods. Agricultural imports from the world for Kazakhstan, the Kyrgyz Republic, and Uzbekistan totaled $11.6 billion in 2023 and have nearly doubled over the last three years, with the United States as the 11th largest trade partner at $196 million.
The global cotton industry is still readjusting to lower post-pandemic demand, and Uzbekistan wasn’t spared the effects of the market overhang. Uzbekistan's strong vertical integration and government support for the industry have helped drive both its resiliency and recovery.
Uzbekistan’s cotton production in marketing year (MY) 2023/24 is estimated at 621,000 metric tons (MT) (2.85 million bales). Cotton consumption in MY 2023/24 is forecast lower year-to-year at 599,000 MT (2.75 million bales) due to lower demand from importer countries like Turkiye and Russia for cotton yarn and fabric.
Uzbekistan’s cotton production in marketing year (MY) 2023/24 is forecast unchanged from the previous year at 675,000 metric tons (MT) (3.10 million bales).
The marketing year (MY) 2022/23 total cotton production area for Uzbekistan is forecast as 980,000 hectares (ha) and the cotton production is estimated as 675,000 metric tons (MT) (3.10 million bales). Post forecasts MY 2022/23 consumption of cotton to be about 653,000 MT (3 million bales) for MY 2022/23.
On May 5, 2022, trade and finance ministers from East African Community (EAC) member countries agreed to raise minimum common external tariffs from 25 to 35 percent on several agricultural products.
On July 1, 2021, Slovenia will assume the six-month rotating presidency of the Council of the European Union, also known as the “EU presidency.”
As of March 2020, Uzbekistan liberalized the cotton market with a presidential decree.
As of March 2020, Uzbekistan liberalized the cotton market with a presidential decree. Starting from the 2020 harvest season, State regulation of cotton production, price and mandatory sales plan...
EU-27+UK chicken meat production is expected to increase slightly again in 2020 driven by both domestic and export demand.
MY 2019/20 Uzbek cotton planted area is estimated at 1.03 million hectares and production at 3.17 million bales (480 pounds bales), which is approximately 690,000 MT.
At nearly 313.5 MMT, the total MY2019/20 EU28 grain crop is around 2 MMT higher than the previous forecast, with higher wheat, corn and barley production partially offset by a lower mixed grain....