Uzbekistan: Fungicide And Bactericide Market 2024

Fungicide And Bactericide Market Size in Uzbekistan

The Uzbek fungicide and bactericide market totaled $X in 2021, rising by 4.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a deep contraction. Fungicide and bactericide consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Fungicide And Bactericide Exports

Exports from Uzbekistan

In 2021, the amount of fungicides, bactericides and seed treatments exported from Uzbekistan shrank dramatically to X tons, waning by -33% against the year before. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 9.4% against the previous year. As a result, the exports attained the peak of X tons, and then dropped significantly in the following year.

In value terms, fungicide and bactericide exports shrank to $X in 2021. In general, exports continue to indicate a slight slump. The pace of growth was the most pronounced in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Turkmenistan (X tons) was the main destination for fungicide and bactericide exports from Uzbekistan, accounting for a 95% share of total exports. Moreover, fungicide and bactericide exports to Turkmenistan exceeded the volume sent to the second major destination, Azerbaijan (X tons), more than tenfold.

From 2017 to 2021, the average annual growth rate of volume to Turkmenistan amounted to -7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-13.3% per year) and Turkey (-28.6% per year).

In value terms, Turkmenistan ($X) remains the key foreign market for fungicides, bactericides and seed treatments exports from Uzbekistan, comprising 93% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 5.4% share of total exports.

From 2017 to 2021, the average annual rate of growth in terms of value to Turkmenistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-6.8% per year) and Turkey (-25.7% per year).

Export Prices by Country

In 2021, the average fungicide and bactericide export price amounted to $X per ton, jumping by 34% against the previous year. Over the last four years, it increased at an average annual rate of +7.6%. 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 Azerbaijan ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fungicide And Bactericide Imports

Imports into Uzbekistan

In 2021, supplies from abroad of fungicides, bactericides and seed treatments decreased by -11.9% to X tons, falling for the third consecutive year after two years of growth. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2018 with an increase of 20%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fungicide and bactericide imports contracted to $X in 2021. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Turkey (X tons) and Russia (X tons) were the main suppliers of fungicide and bactericide imports to Uzbekistan, with a combined 50% share of total imports. India, Switzerland, Sudan, Greece, Spain, Hungary, Kyrgyzstan, Germany and France lagged somewhat behind, together accounting for a further 34%.

From 2017 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +74.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Russia ($X) appeared to be the largest fungicide and bactericide suppliers to Uzbekistan, together accounting for 55% of total imports. Switzerland, Sudan, Greece, India, Hungary, Kyrgyzstan, Germany, France and Spain lagged somewhat behind, together comprising a further 29%.

India, with a CAGR of +58.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average fungicide and bactericide import price amounted to $X per ton, rising by 4.1% against the previous year. Over the period under review, the import price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by France (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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