Uzbekistan: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Uzbekistan

In 2022, after two years of growth, there was significant decline in the Uzbek market for cellular plates, sheets and films of polyymers of styrene, when its value decreased by -29.5% to $X. Overall, consumption continues to indicate a deep downturn. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Uzbekistan

In value terms, production of cellular plates, sheets and films of polyymers of styrene contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 2.2%. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Uzbekistan

For the third year in a row, Uzbekistan recorded growth in overseas shipments of cellular plates, sheets and films of polyymers of styrene, which increased by 83% to X tons in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 9,490% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene soared to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 9,374%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Kyrgyzstan (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Uzbekistan, accounting for a 58% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to Kyrgyzstan exceeded the volume sent to the second major destination, Tajikistan (X tons), twofold.

From 2017 to 2022, the average annual growth rate of volume to Kyrgyzstan stood at +490.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+272.2% per year) and Kazakhstan (+106.2% per year).

In value terms, Kyrgyzstan ($X), Tajikistan ($X) and Kazakhstan ($X) constituted the largest markets for polystyrene cellular plates, sheets and films exported from Uzbekistan worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, Kyrgyzstan, with a CAGR of +351.7%, recorded the highest growth rate of the value of exports, 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 export price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, declining by -29.1% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 79% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Kazakhstan ($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 (-8.6%), while the prices for the other major destinations experienced a decline.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Uzbekistan

In 2022, overseas purchases of cellular plates, sheets and films of polyymers of styrene were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 132%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene soared to $X in 2022. Overall, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2018 when imports increased by 149%. 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 supplier of polystyrene cellular plates, sheets and films to Uzbekistan, with a 77% share of total imports. Moreover, imports of cellular plates, sheets and films of polyymers of styrene from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), eightfold. The third position in this ranking was held by Kazakhstan (X tons), with a 7% share.

From 2017 to 2022, the average annual growth rate of volume from Russia totaled +69.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+55.3% per year) and Kazakhstan (-16.6% per year).

In value terms, Russia ($X) constituted the largest supplier of cellular plates, sheets and films of polyymers of styrene to Uzbekistan, comprising 78% of total imports. The second position in the ranking was held by Turkey ($X), with a 13% share of total imports. It was followed by China, with a 3.8% share.

From 2017 to 2022, the average annual growth rate of value from Russia totaled +54.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+58.9% per year) and China (-31.8% per year).

Import Prices by Country

The average import price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, with a decrease of -2.5% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +5.3%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 30%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then reduced in the following year.

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 ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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