Uzbekistan: Corrugated Paper Box Market 2024

Corrugated Paper Box Market Size in Uzbekistan

In 2022, after two years of decline, there was significant growth in the Uzbek corrugated paper box market, when its value increased by 119% to $X. Overall, consumption, however, saw a noticeable reduction. Corrugated paper box consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Corrugated Paper Box Exports

Exports from Uzbekistan

In 2022, shipments abroad of cartons, boxes and cases of corrugated paper or paperboard was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2019 when exports increased by 185% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, corrugated paper box exports fell to $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 230%. Over the period under review, the exports attained the maximum at $X in 2021, and then declined in the following year.

Exports by Country

Kyrgyzstan (X tons), Tajikistan (X tons) and Kazakhstan (X tons) were the main destinations of corrugated paper box exports from Uzbekistan, with a combined 97% share of total exports.

From 2017 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +194.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tajikistan ($X), Kyrgyzstan ($X) and Kazakhstan ($X) appeared to be the largest markets for corrugated paper box exported from Uzbekistan worldwide, with a combined 97% share of total exports.

Kazakhstan, with a CAGR of +196.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average corrugated paper box export price amounted to $X per ton, with a decrease of -18.1% against the previous year. Over the period under review, export price indicated buoyant growth from 2017 to 2022: its price increased at an average annual rate of +6.1% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 an increase of 16%. As a result, the export price attained the peak level of $X per ton, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Box Imports

Imports into Uzbekistan

In 2022, imports of cartons, boxes and cases of corrugated paper or paperboard into Uzbekistan surged to X tons, increasing by 55% compared with the year before. Overall, imports, however, showed a abrupt contraction. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, corrugated paper box imports surged to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest corrugated paper box supplier to Uzbekistan, with a 68% share of total imports. Moreover, corrugated paper box imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 9% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+73.2% per year) and the United Arab Emirates (+100.8% per year).

In value terms, the largest corrugated paper box suppliers to Uzbekistan were Turkey ($X), the United Arab Emirates ($X) and Russia ($X), with a combined 75% share of total imports.

The United Arab Emirates, with a CAGR of +87.4%, recorded the highest rates of growth with regard to 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

In 2022, the average corrugated paper box import price amounted to $X per ton, increasing by 18% against the previous year. Overall, import price indicated a resilient increase from 2017 to 2022: its price increased at an average annual rate of +6.0% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, corrugated paper box import price increased by +129.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 94% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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