Uzbekistan: Carbonate Market 2024

Carbonate Market Size in Uzbekistan

The Uzbek carbonate market amounted to $X in 2021, increasing by 11% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Carbonate Production in Uzbekistan

In value terms, carbonate production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 16% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Carbonate Exports

Exports from Uzbekistan

In 2021, overseas shipments of carbonates and peroxocarbonates decreased by -54.3% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 25%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, carbonate exports plummeted to $X in 2021. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2018 when exports increased by 1.9% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for carbonate exports from Uzbekistan, accounting for a 62% share of total exports. Moreover, carbonate exports to China exceeded the volume sent to the second major destination, Tajikistan (X tons), twofold. The third position in this ranking was held by Kyrgyzstan (X tons), with an 8.2% share.

From 2017 to 2021, the average annual rate of growth in terms of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+79.5% per year) and Kyrgyzstan (-42.8% per year).

In value terms, China ($X) emerged as the key foreign market for carbonates and peroxocarbonates exports from Uzbekistan, comprising 64% of total exports. The second position in the ranking was taken by Tajikistan ($X), with a 26% share of total exports. It was followed by Kyrgyzstan, with a 5.6% share.

From 2017 to 2021, the average annual rate of growth in terms of value to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+71.5% per year) and Kyrgyzstan (-46.0% per year).

Export Prices by Country

In 2021, the average carbonate export price amounted to $X per ton, surging by 15% against the previous year. Overall, the export price, however, showed a noticeable downturn. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.4%), while the prices for the other major destinations experienced a decline.

Carbonate Imports

Imports into Uzbekistan

In 2021, imports of carbonates and peroxocarbonates into Uzbekistan soared to X tons, picking up by 101% compared with the previous year's figure. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carbonate imports soared to $X in 2021. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of carbonate to Uzbekistan, accounting for a 67% share of total imports. Moreover, carbonate imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 5.2% share.

From 2014 to 2021, the average annual growth rate of volume from Russia totaled +33.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-0.6% per year) and China (+25.9% per year).

In value terms, Russia ($X) constituted the largest supplier of carbonates and peroxocarbonates to Uzbekistan, comprising 74% of total imports. The second position in the ranking was held by Turkey ($X), with a 12% share of total imports. It was followed by South Korea, with a 6.8% share.

From 2014 to 2021, the average annual rate of growth in terms of value from Russia stood at +42.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.8% per year) and South Korea (+31.2% per year).

Import Prices by Country

The average carbonate import price stood at $X per ton in 2021, picking up by 4% against the previous year. Overall, the import price, however, recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 16%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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