Uzbekistan has to diversify wheat purchases

Source

APK-Inform

5542

According to USDA, the opening stocks of wheat will be the lowest in 10 years in Uzbekistan in 2022/23 MY – at 953 thsd tonnes, down from 1.4 mln tonnes in previous season. To cover domestic needs of 8.5 mln tonnes of wheat (8.45 mln tonnes in 2021/22 MY), Uzbekistan will have to import 3.5mln tonnes of the grain (3.2 mln tonnes in 2021/22MY).

According to APK-Inform, Kazakhstan exported 2.4 mln tonnes of wheat to Uzbekistan in July-April 2021/22 MY, down 13% y/y.

“USDA expects that wheat export potential (including by-products in grain equivalent) of Kazakhstan will decrease to 8 mln tonnes in 2022/23 MY from 8.2 mln tonnes in 2021/22 MY, partially due to low carry-over stocks. Thus, Uzbekistan will have to diversify wheat purchases”, – APK-Inform said.

You can get more detailed information about trends of grain market of Uzbekistan and Central Asia at the second international Asia Grains&Oils Conference in Tashkent, which will be held on September 14-15 at International Hotel Tashkent, Uzbekistan.

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