Uzbekistan: Toy Market 2024

Toy Market Size in Uzbekistan

In 2021, the Uzbek toy market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a noticeable decline. Toy consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Toy Production in Uzbekistan

In value terms, toy production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable setback. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Toy Exports

Exports from Uzbekistan

In 2021, after four years of growth, there was significant decline in overseas shipments of dolls and toys, when their volume decreased by -54.4% to X tons. Over the period under review, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2019 when exports increased by 112% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then plummeted in the following year.

In value terms, toy exports surged to $X in 2021. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 202%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Kyrgyzstan (X tons) was the main destination for toy exports from Uzbekistan, with a 139% share of total exports. Moreover, toy exports to Kyrgyzstan exceeded the volume sent to the second major destination, Kazakhstan (X tons), threefold. Tajikistan (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kyrgyzstan totaled +68.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+6.1% per year) and Tajikistan (+15.1% per year).

In value terms, the largest markets for toy exported from Uzbekistan were Kyrgyzstan ($X), Kazakhstan ($X) and Tajikistan ($X), with a combined 91% share of total exports. These countries were followed by Russia, which accounted for a further 6.2%.

Russia, with a CAGR of +189.8%, recorded the highest growth rate of the value of exports, in terms of 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 2021, the average toy export price amounted to $X per ton, surging by 154% against the previous year. In general, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: 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 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.

Toy Imports

Imports into Uzbekistan

After four years of growth, purchases abroad of dolls and toys decreased by -82.4% to X tons in 2021. Overall, imports faced a deep slump. The growth pace was the most rapid in 2019 with an increase of 165% against the previous year. Imports peaked at X tons in 2020, and then declined dramatically in the following year.

In value terms, toy imports soared to $X in 2021. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2019 with an increase of 178%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) was the main supplier of toy to Uzbekistan, with a 238% share of total imports. It was followed by Russia (X tons), with a 5.6% share of total imports. Tajikistan (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+29.1% per year) and Tajikistan (+1,371.1% per year).

In value terms, China ($X) constituted the largest supplier of dolls and toys to Uzbekistan, comprising 87% of total imports. The second position in the ranking was held by Tajikistan ($X), with a 5.3% share of total imports. It was followed by Russia, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Tajikistan (+1,940.0% per year) and Russia (+20.1% per year).

Import Prices by Country

The average toy import price stood at $X per ton in 2021, increasing by 595% against the previous year. Overall, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Tajikistan ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (+53.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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