Uzbekistan: Metal Rivet Market 2025

Metal Rivet Market Size in Uzbekistan

The Uzbek metal rivet market reduced to $X in 2022, waning by -7.6% 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). In general, consumption, however, continues to indicate a significant expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Metal Rivet Exports

Exports from Uzbekistan

In 2022, approx. X kg of iron or steel rivets were exported from Uzbekistan; which is down by -50.7% compared with the previous year. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2019 when exports increased by 5,650%. As a result, the exports attained the peak of X kg. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal rivet exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 10,143% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Kyrgyzstan (X kg) was the main destination for metal rivet exports from Uzbekistan, with a 85% share of total exports. Moreover, metal rivet exports to Kyrgyzstan exceeded the volume sent to the second major destination, Russia (X kg), more than tenfold. The third position in this ranking was held by France (X kg), with a 3% share.

From 2018 to 2022, the average annual rate of growth in terms of volume to Kyrgyzstan stood at -35.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+18.9% per year) and France (0.0% per year).

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for iron or steel rivets exports from Uzbekistan, comprising 96% of total exports. The second position in the ranking was taken by Russia ($X), with a 3.3% share of total exports. It was followed by Azerbaijan, with a 0.3% share.

From 2018 to 2022, the average annual growth rate of value to Kyrgyzstan stood at +223.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+237.7% per year) and Azerbaijan (+231.7% per year).

Export Prices by Country

In 2022, the average metal rivet export price amounted to $X per ton, picking up by 1,024% against the previous year. In general, the export price recorded a significant expansion. The growth pace was the most rapid in 2021 an increase of 3,875% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+4,708.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Rivet Imports

Imports into Uzbekistan

Metal rivet imports into Uzbekistan contracted markedly to X tons in 2022, waning by -22.3% compared with the previous year. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 669%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, metal rivet imports dropped to $X in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 788%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), South Korea (X tons) and Turkey (X tons) were the main suppliers of metal rivet imports to Uzbekistan, with a combined 96% share of total imports. Kazakhstan and Russia lagged somewhat behind, together accounting for a further 2.5%.

From 2017 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +343.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), China ($X) and Turkey ($X) appeared to be the largest metal rivet suppliers to Uzbekistan, with a combined 95% share of total imports. Kazakhstan and Russia lagged somewhat behind, together comprising a further 3.4%.

Among the main suppliers, Kazakhstan, with a CAGR of +666.3%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average metal rivet import price amounted to $X per ton, surging by 19% against the previous year. Over the period under review, import price indicated a resilient increase from 2017 to 2022: its price increased at an average annual rate of +13.5% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal rivet import price decreased by -0.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 30%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 Kazakhstan ($X per ton), while the price for China ($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 (+73.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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