Uzbekistan: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Uzbekistan

In 2022, the Uzbek market for glaziers putty, grafting putty, other mastics and painters' fillings decreased by -43.8% to $X, falling for the second consecutive year after nine years of growth. In general, consumption recorded a abrupt contraction. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Uzbekistan

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Uzbekistan

For the sixth consecutive year, Uzbekistan recorded growth in overseas shipments of glaziers putty, grafting putty, other mastics and painters' fillings, which increased by 59% to X tons in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings skyrocketed to $X in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 116%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

Tajikistan (X tons) was the main destination for exports of glaziers putty, grafting putty, other mastics and painters' fillings from Uzbekistan, with a 69% share of total exports. Moreover, exports of glaziers putty, grafting putty, other mastics and painters' fillings to Tajikistan exceeded the volume sent to the second major destination, Turkmenistan (X tons), threefold. Kyrgyzstan (X tons) ranked third in terms of total exports with a 4.3% share.

From 2017 to 2022, the average annual growth rate of volume to Tajikistan amounted to +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (0.0% per year) and Kyrgyzstan (+85.5% per year).

In value terms, Tajikistan ($X) remains the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from Uzbekistan, comprising 60% of total exports. The second position in the ranking was taken by Turkmenistan ($X), with a 16% share of total exports. It was followed by Kyrgyzstan, with an 11% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Tajikistan stood at +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (0.0% per year) and Kyrgyzstan (+76.1% per year).

Export Prices by Country

The average export price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, falling by -14.9% against the previous year. Over the period under review, export price indicated slight growth from 2017 to 2022: its price increased at an average annual rate of +1.3% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for glaziers putty, grafting putty, other mastics and painters' fillings decreased by -29.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 40%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Turkmenistan ($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 (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Uzbekistan

Imports of glaziers putty, grafting putty, other mastics and painters' fillings into Uzbekistan skyrocketed to X tons in 2022, increasing by 65% compared with the year before. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings skyrocketed to $X in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2019 with an increase of 74% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Turkey (X tons) constituted the largest glaziers, grafting putty and painters' filling supplier to Uzbekistan, with a 52% share of total imports. Moreover, imports of glaziers putty, grafting putty, other mastics and painters' fillings from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X tons), fivefold. The third position in this ranking was held by China (X tons), with a 10% share.

From 2017 to 2022, the average annual growth rate of volume from Turkey stood at +36.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+39.4% per year) and China (+38.6% per year).

In value terms, Turkey ($X) constituted the largest supplier of glaziers putty, grafting putty, other mastics and painters' fillings to Uzbekistan, comprising 42% of total imports. The second position in the ranking was taken by Russia ($X), with a 12% share of total imports. It was followed by China, with a 10% share.

From 2017 to 2022, the average annual rate of growth in terms of value from Turkey totaled +31.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+59.6% per year) and China (+42.2% per year).

Import Prices by Country

In 2022, the average import price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, with a decrease of -24.1% against the previous year. Overall, the import price, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 an increase of 54% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted notably 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 South Korea ($X per ton), while the price for Lithuania ($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 (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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