Uzbekistan: Market for Glycosides And Vegetable Alkaloids 2024

Market Size for Glycosides And Vegetable Alkaloids in Uzbekistan

In 2021, the Uzbek glycosides and vegetable alkaloids market decreased by -13.8% to $X for the first time since 2016, thus ending a four-year rising trend. In general, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +50.3% against 2016 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Production of Glycosides And Vegetable Alkaloids in Uzbekistan

In value terms, glycosides and vegetable alkaloids production shrank to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a pronounced slump. The growth pace was the most rapid in 2020 with an increase of 30% against the previous year. Glycosides and vegetable alkaloids production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Glycosides And Vegetable Alkaloids

Exports from Uzbekistan

In 2021, exports of glycosides and vegetable alkaloids from Uzbekistan skyrocketed to X tons, increasing by 8,522% against 2020 figures. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glycosides and vegetable alkaloids exports fell rapidly to $X in 2021. In general, exports, however, saw a deep slump. The smallest decline of -1.1% was in 2019. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for glycosides and vegetable alkaloids exports from Uzbekistan, with a approx. 99% share of total exports.

From 2017 to 2021, the average annual growth rate of volume to China amounted to +136.8%.

In value terms, China ($X) also remains the key foreign market for glycosides and vegetable alkaloids exports from Uzbekistan.

From 2017 to 2021, the average annual rate of growth in terms of value to China totaled -13.5%.

Export Prices by Country

In 2021, the average glycosides and vegetable alkaloids export price amounted to $X per kg, falling by -99% against the previous year. Over the period under review, the export price showed a significant decrease. The pace of growth appeared the most rapid in 2020 an increase of 239% against the previous year. The export price peaked at $X per kg in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2017 to 2021, the rate of growth in terms of prices for China amounted to -63.5% per year.

Imports of Glycosides And Vegetable Alkaloids

Imports into Uzbekistan

In 2021, approx. X tons of glycosides and vegetable alkaloids were imported into Uzbekistan; falling by -10.4% against 2020. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 94% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, glycosides and vegetable alkaloids imports reached $X in 2021. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by 63% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest glycosides and vegetable alkaloids supplier to Uzbekistan, with a 79% share of total imports. Moreover, glycosides and vegetable alkaloids imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. The third position in this ranking was held by Russia (X kg), with a 3.1% share.

From 2017 to 2021, the average annual growth rate of volume from China amounted to -17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+9.5% per year) and Russia (-8.9% per year).

In value terms, China ($X) constituted the largest supplier of glycosides and vegetable alkaloids to Uzbekistan, comprising 69% of total imports. The second position in the ranking was held by India ($X), with a 23% share of total imports. It was followed by Russia, with a 2.5% share.

From 2017 to 2021, the average annual growth rate of value from China amounted to -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+0.9% per year) and Russia (-35.3% per year).

Import Prices by Country

In 2021, the average glycosides and vegetable alkaloids import price amounted to $X per ton, surging by 14% against the previous year. Over the last four years, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2018 an increase of 16%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :