Uzbekistan: Market for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment 2024

Market Size for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Uzbekistan

For the fourth year in a row, the Uzbek market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment recorded growth in sales value, which increased by 1,111% to $X in 2022. In general, consumption showed significant growth. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Exports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Exports from Uzbekistan

In 2022, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from Uzbekistan fell rapidly to X kg, dropping by -53.8% compared with the previous year's figure. In general, exports continue to indicate a precipitous contraction. Over the period under review, the exports of reached the maximum at X kg in 2021, and then dropped rapidly in the following year.

In value terms, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment shrank significantly to $X in 2022. Overall, exports showed a sharp setback. The exports peaked at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Malta (X kg) was the main destination for exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from Uzbekistan, accounting for a approx. 50% share of total exports.

From 2021 to 2022, the average annual rate of growth in terms of volume to Malta was relatively modest.

In value terms, Malta ($X) emerged as the key foreign market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment exports from Uzbekistan.

From 2021 to 2022, the average annual growth rate of value to Malta was relatively modest.

Export Prices by Country

The average export price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment stood at $X per ton in 2022, picking up by 7% against the previous year. Over the last one-year period, it increased at an average annual rate of +7.0%. 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 Malta.

From 2021 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to 0.0% per year.

Imports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Imports into Uzbekistan

In 2022, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment into Uzbekistan skyrocketed to X tons, with an increase of 829% against 2021 figures. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2019 with an increase of 2,737% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment soared to $X in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 2,472% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Turkey (X tons), Bulgaria (X tons) and Germany (X tons) were the main suppliers of imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment to Uzbekistan, with a combined 73% share of total imports. Italy and China lagged somewhat behind, together comprising a further 27%.

From 2017 to 2022, the biggest increases were recorded for China (with a CAGR of +120.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment suppliers to Uzbekistan were Bulgaria ($X), Germany ($X) and Italy ($X), together accounting for 90% of total imports. Turkey and China lagged somewhat behind, together accounting for a further 9.9%.

Turkey, with a CAGR of +144.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment stood at $X per ton in 2022, jumping by 30% against the previous year. In general, the import price saw a significant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 250% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+49.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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