Uzbekistan: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Uzbekistan

The Uzbek market for inorganic oxygen compounds of non-metals soared to $X in 2021, picking up by 56% against the previous year. Over the period under review, consumption, however, continues to indicate significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Inorganic Oxygen Compounds Of Non-Metals in Uzbekistan

In value terms, inorganic oxygen compounds of non-metals production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, posted temperate growth. The growth pace was the most rapid in 2020 when the production volume increased by 37%. As a result, production reached the peak level of $X, and then contracted in the following year.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from Uzbekistan

In 2021, exports of inorganic oxygen compounds of non-metals from Uzbekistan skyrocketed to X tons, increasing by 78% compared with 2020. Overall, exports, however, recorded a dramatic descent. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, inorganic oxygen compounds of non-metals exports surged to $X in 2021. In general, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkmenistan (X kg) and Kazakhstan (X kg) were the main destinations of inorganic oxygen compounds of non-metals exports from Uzbekistan.

From 2017 to 2021, the biggest increases were recorded for Turkmenistan (with a CAGR of +224.5%).

In value terms, Turkmenistan ($X) emerged as the key foreign market for inorganic oxygen compounds of non-metals exports from Uzbekistan, comprising 77% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 23% share of total exports.

From 2017 to 2021, the average annual rate of growth in terms of value to Turkmenistan stood at +411.6%.

Export Prices by Country

The average export price for inorganic oxygen compounds of non-metals stood at $X per ton in 2021, increasing by 75% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Kazakhstan amounted to $X per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+57.5%).

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into Uzbekistan

In 2021, after two years of growth, there was significant decline in overseas purchases of inorganic oxygen compounds of non-metals, when their volume decreased by -92.9% to X kg. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 359% against the previous year. As a result, imports attained the peak of X tons, and then declined dramatically in the following year.

In value terms, inorganic oxygen compounds of non-metals imports plummeted to $X in 2021. Overall, imports faced a sharp descent. The pace of growth was the most pronounced in 2020 when imports increased by 129% against the previous year. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

In 2021, the United Arab Emirates (X kg) constituted the largest inorganic oxygen compounds of non-metals supplier to Uzbekistan, accounting for a 50% share of total imports. Moreover, inorganic oxygen compounds of non-metals imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, South Korea (X kg), threefold. Russia (X kg) ranked third in terms of total imports with a 9.6% share.

From 2017 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to -12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+7.9% per year) and Russia (+3.8% per year).

In value terms, the largest inorganic oxygen compounds of non-metals suppliers to Uzbekistan were the United Arab Emirates ($X), South Korea ($X) and Russia ($X), with a combined 64% share of total imports. These countries were followed by Lithuania, Austria and Japan, which together accounted for a further 21%.

In terms of the main suppliers, Austria, with a CAGR of +78.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average import price for inorganic oxygen compounds of non-metals amounted to $X per ton, with a decrease of -20.9% against the previous year. Overall, the import price recorded a dramatic contraction. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+5.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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