Uzbekistan: Concrete Reinforcing Bar Market 2025

Concrete Reinforcing Bar Market Size in Uzbekistan

The Uzbek concrete reinforcing bar market dropped to $X in 2022, waning by -6.3% against the previous year. Over the period under review, consumption, however, saw a resilient increase. Over the period under review, the market reached the peak level at $X in 2021, and then shrank in the following year.

Concrete Reinforcing Bar Production in Uzbekistan

In value terms, concrete reinforcing bar production shrank to $X in 2022 estimated in export price. In general, production, however, showed temperate growth. The most prominent rate of growth was recorded in 2017 with an increase of 67%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Concrete Reinforcing Bar Exports

Exports from Uzbekistan

In 2022, concrete reinforcing bar exports from Uzbekistan rose significantly to X tons, surging by 14% on 2021 figures. Over the period under review, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2018 when exports increased by 34%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, concrete reinforcing bar exports expanded markedly to $X in 2022. Overall, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of 45%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for concrete reinforcing bar exports from Uzbekistan, with a 67% share of total exports. Moreover, concrete reinforcing bar exports to Singapore exceeded the volume sent to the second major destination, Tajikistan (X tons), fivefold. The third position in this ranking was held by Lithuania (X tons), with a 7% share.

From 2017 to 2022, the average annual rate of growth in terms of volume to Singapore was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-29.8% per year) and Lithuania (0.0% per year).

In value terms, Singapore ($X) emerged as the key foreign market for concrete reinforcing bars exports from Uzbekistan, comprising 63% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 14% share of total exports. It was followed by Lithuania, with a 7.6% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Singapore was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-27.9% per year) and Lithuania (0.0% per year).

Export Prices by Country

In 2022, the average concrete reinforcing bar export price amounted to $X per ton, standing approx. at the previous year. Over the last five-year period, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kazakhstan ($X per ton) and Russia ($X per ton), while the average price for exports to Singapore ($X per ton) and Tajikistan ($X per ton) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+8.9%).

Concrete Reinforcing Bar Imports

Imports into Uzbekistan

In 2022, after five years of growth, there was decline in purchases abroad of concrete reinforcing bars, when their volume decreased by -1.5% to X tons. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 88%. Over the period under review, imports reached the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, concrete reinforcing bar imports declined to $X in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 154% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Kazakhstan (X tons), Russia (X tons) and Iran (X tons) were the main suppliers of concrete reinforcing bar imports to Uzbekistan, together accounting for 91% of total imports.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of +180.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Russia ($X) and Iran ($X) appeared to be the largest concrete reinforcing bar suppliers to Uzbekistan, together comprising 95% of total imports.

Among the main suppliers, Iran, with a CAGR of +188.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average concrete reinforcing bar import price stood at $X per ton in 2022, shrinking by -13% against the previous year. Over the period under review, the import price, however, recorded a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by 57% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted 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 Russia ($X per ton), while the price for Kyrgyzstan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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