Report Uzbekistan - Butter - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Uzbekistan: Butter Market 2024

Butter Market Size in Uzbekistan

The Uzbek butter market contracted slightly to $X in 2022, dropping by -2.6% against the previous year. Over the period under review, consumption posted a strong expansion. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Butter Production in Uzbekistan

In value terms, butter production dropped modestly to $X in 2022 estimated in export price. In general, production saw strong growth. The growth pace was the most rapid in 2018 with an increase of 89%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Butter Exports

Exports from Uzbekistan

In 2022, the amount of butter exported from Uzbekistan surged to X tons, picking up by 70% against the previous year's figure. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 591%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, butter exports soared to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 437%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Georgia (X tons) was the main destination for butter exports from Uzbekistan, with a approx. 99% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of volume to Georgia totaled +132.5%.

In value terms, Georgia ($X) also remains the key foreign market for butter exports from Uzbekistan.

From 2017 to 2022, the average annual rate of growth in terms of value to Georgia totaled +164.6%.

Export Prices by Country

The average butter export price stood at $X per ton in 2022, shrinking by -3.5% against the previous year. Overall, export price indicated prominent growth from 2017 to 2022: its price increased at an average annual rate of +7.2% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter export price increased by +29.7% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 74% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2017 to 2022, the rate of growth in terms of prices for Georgia amounted to +13.8% per year.

Butter Imports

Imports into Uzbekistan

In 2022, supplies from abroad of butter decreased by -4.6% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 42% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, butter imports totaled $X in 2022. In general, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by 41%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, France (X tons) constituted the largest butter supplier to Uzbekistan, accounting for a 43% share of total imports. Moreover, butter imports from France exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), threefold. The third position in this ranking was held by Belarus (X tons), with an 11% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from France amounted to +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-9.9% per year) and Belarus (+20.1% per year).

In value terms, France ($X) constituted the largest supplier of butter to Uzbekistan, comprising 50% of total imports. The second position in the ranking was taken by Belarus ($X), with a 13% share of total imports. It was followed by New Zealand, with a 12% share.

From 2017 to 2022, the average annual rate of growth in terms of value from France amounted to +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+44.3% per year) and New Zealand (-6.8% per year).

Import Prices by Country

In 2022, the average butter import price amounted to $X per ton, with an increase of 17% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +9.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of butter consumption in 2021 were the United States, Germany and France, with a combined 34% share of global consumption. These countries were followed by Russia, New Zealand, Turkey, Iran, the UK, China, Poland, Canada, Brazil and Italy, which together accounted for a further 34%.
The countries with the highest volumes of butter production in 2021 were the United States, New Zealand and Germany, with a combined 34% share of global production. France, Ireland, Russia, Turkey, Iran, Poland, the Netherlands, the UK, Belarus and Canada lagged somewhat behind, together comprising a further 36%.
In value terms, France constituted the largest supplier of butter to Uzbekistan, comprising 32% of total imports. The second position in the ranking was occupied by New Zealand, with a 15% share of total imports. It was followed by Belarus, with a 12% share.
In value terms, Georgia remains the key foreign market for butter exports from Uzbekistan.
The average butter export price stood at $4,082 per ton in 2021, surging by 3.2% against the previous year.
The average butter import price stood at $4,577 per ton in 2021, dropping by -6.2% against the previous year.

This report provides an in-depth analysis of the butter 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:

  • FCL 886 - Butter of Cow Milk

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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