Report Update Nov 1, 2024

Uzbekistan - Acetone - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Acetone Market 2024

Acetone Market Size in Uzbekistan

The Uzbek acetone market fell to $X in 2021, which is down by -12.9% 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). Over the period under review, consumption recorded a drastic downturn. Acetone consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Acetone Exports

Exports from Uzbekistan

Acetone exports from Uzbekistan soared to X tons in 2021, growing by 19% against 2020 figures. In general, exports recorded prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by 40%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, acetone exports rose rapidly to $X in 2021. Over the period under review, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by 41%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Lithuania (X tons) was the main destination for acetone exports from Uzbekistan, with a approx. 100% share of total exports.

From 2017 to 2018, the average annual rate of growth in terms of volume to Lithuania was relatively modest.

In value terms, Lithuania ($X) emerged as the key foreign market for acetone exports from Uzbekistan.

From 2017 to 2018, the average annual rate of growth in terms of value to Lithuania was relatively modest.

Export Prices by Country

In 2018, the average acetone export price amounted to $X per ton, with an increase of 33% against the previous year. Over the last one years, it increased at an average annual rate of +33.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Lithuania.

From 2017 to 2018, the rate of growth in terms of prices for Lithuania amounted to 0.0% per year.

Acetone Imports

Imports into Uzbekistan

In 2021, acetone imports into Uzbekistan reduced to X tons, which is down by -7.5% against 2020 figures. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, acetone imports dropped to $X in 2021. In general, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2014 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) was the main acetone supplier to Uzbekistan, accounting for a 93% share of total imports. Moreover, acetone imports from Russia exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at -13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-86.3% per year) and Germany (+54.0% per year).

In value terms, Russia ($X) constituted the largest supplier of acetone to Uzbekistan, comprising 94% of total imports. The second position in the ranking was taken by South Korea ($X), with a 3.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled -12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-90.1% per year) and Germany (+48.6% per year).

Import Prices by Country

In 2021, the average acetone import price amounted to $X per ton, dropping by -7.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acetone in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 37% of global consumption. Taiwan Chinese), Spain, Germany, Japan, the UK, the Netherlands, Italy, Brazil, Turkey and Russia lagged somewhat behind, together comprising a further 41%.

What are the largest producers of acetone in the world?

The countries with the highest volumes of in 2021 were the United States, Spain and Taiwan Chinese), together comprising 30% of global production. South Korea, Saudi Arabia, Belgium, India, Thailand, Japan, Singapore, Russia and South Africa lagged somewhat behind, together comprising a further 52%.

What are the leading suppliers of acetone to Uzbekistan?

In value terms, Russia constituted the largest supplier of acetone to Uzbekistan, comprising 96% of total imports. The second position in the ranking was occupied by South Korea, with a 3.4% share of total imports.

What is the average export price for acetone in Uzbekistan?

The average acetone export price stood at $1,588 per ton in 2018, approximately reflecting the previous year.

What is the average import price for acetone in Uzbekistan?

In 2021, the average acetone import price amounted to $1,316 per ton, with a decrease of -7.5% against the previous year.

This report provides an in-depth analysis of the acetone market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20146211 - Acetone

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023