Uzbekistan: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Uzbekistan

In 2022, the Uzbek plastic household articles market decreased by -13.5% to $X, falling for the third year in a row after eight years of growth. Overall, consumption, however, showed a perceptible expansion. Plastic household articles consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Plastic Household Articles Production in Uzbekistan

In value terms, plastic household articles production totaled $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a noticeable increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 13% against the previous year. Plastic household articles production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Plastic Household Articles Exports

Exports from Uzbekistan

For the fourth consecutive year, Uzbekistan recorded growth in overseas shipments of household articles and toilet articles of plastics, which increased by 25% to X tons in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 79%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, plastic household articles exports amounted to $X in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2019 when exports increased by 89% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Kyrgyzstan (X tons), Kazakhstan (X tons) and Tajikistan (X tons) were the main destinations of plastic household articles exports from Uzbekistan, with a combined 99% share of total exports.

From 2017 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tajikistan (with a CAGR of +50.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic household articles exported from Uzbekistan were Kyrgyzstan ($X), Kazakhstan ($X) and Tajikistan ($X), together accounting for 96% of total exports.

Tajikistan, with a CAGR of +47.5%, 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 2022, the average plastic household articles export price amounted to $X per ton, dropping by -8.1% against the previous year. In general, export price indicated a resilient expansion from 2017 to 2022: its price increased at an average annual rate of +6.9% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic household articles export price decreased by -23.0% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of 50% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Tajikistan ($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 Kyrgyzstan (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Household Articles Imports

Imports into Uzbekistan

In 2022, the amount of household articles and toilet articles of plastics imported into Uzbekistan skyrocketed to X tons, increasing by 23% against 2021 figures. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 63%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, plastic household articles imports soared to $X in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 113%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest plastic household articles supplier to Uzbekistan, with a 72% share of total imports. Moreover, plastic household articles imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. Russia (X tons) ranked third in terms of total imports with a 6.8% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from China stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+73.5% per year) and Russia (+181.4% per year).

In value terms, China ($X) constituted the largest supplier of household articles and toilet articles of plastics to Uzbekistan, comprising 41% of total imports. The second position in the ranking was held by Russia ($X), with a 19% share of total imports. It was followed by Turkey, with a 16% share.

From 2017 to 2022, the average annual growth rate of value from China totaled +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+175.2% per year) and Turkey (+97.7% per year).

Import Prices by Country

The average plastic household articles import price stood at $X per ton in 2022, reducing by -2.5% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2017 to 2022: its price increased at an average annual rate of +12.9% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic household articles import price increased by +83.4% against 2017 indices. The growth pace was the most rapid in 2019 an increase of 31% against the previous year. The import price peaked at $X per ton in 2021, and then shrank in the following year.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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