Uzbekistan: Metal Bath Market 2025

Metal Bath Market Size in Uzbekistan

In 2021, the Uzbek metal bath market increased by 4% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, enjoyed a significant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Metal Bath Production in Uzbekistan

In value terms, metal bath production fell to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Metal Bath Exports

Exports from Uzbekistan

In 2021, overseas shipments of baths of iron or steel decreased by -68.1% to X kg, falling for the second consecutive year after eight years of growth. Overall, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 208% against the previous year. The exports peaked at X kg in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal bath exports plummeted to $X in 2021. Over the period under review, exports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of 250% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X kg) was the main destination for metal bath exports from Uzbekistan, with a approx. 201% share of total exports.

From 2018 to 2021, the average annual growth rate of volume to Kyrgyzstan amounted to +28.0%.

In value terms, Kyrgyzstan ($X) also remains the key foreign market for baths of iron or steel exports from Uzbekistan.

From 2018 to 2021, the average annual rate of growth in terms of value to Kyrgyzstan amounted to +2.8%.

Export Prices by Country

In 2021, the average metal bath export price amounted to $X per ton, declining by -56.3% against the previous year. In general, the export price showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

From 2018 to 2021, the rate of growth in terms of prices for Kyrgyzstan amounted to -19.7% per year.

Metal Bath Imports

Imports into Uzbekistan

In 2021, approx. X tons of baths of iron or steel were imported into Uzbekistan; dropping by -6.3% on 2020. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, metal bath imports expanded notably to $X in 2021. The total import value increased at an average annual rate of +1.4% from 2017 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 17%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of metal bath to Uzbekistan, accounting for a 61% share of total imports. Moreover, metal bath imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-22.8% per year) and Spain (-6.0% per year).

In value terms, Russia ($X) constituted the largest supplier of baths of iron or steel to Uzbekistan, comprising 61% of total imports. The second position in the ranking was taken by China ($X), with a 28% share of total imports. It was followed by Spain, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-14.8% per year) and Spain (-6.3% per year).

Import Prices by Country

In 2021, the average metal bath import price amounted to $X per ton, picking up by 13% against the previous year. Overall, the import price posted a resilient increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 18%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Turkey ($X per ton) and Germany ($X per ton), while the price for China ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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