Report Update May 1, 2025

Uzbekistan - Iron Ores - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Iron Ore Market 2021

Iron Ore Market Size in Uzbekistan

In 2019, the Uzbek iron ore market decreased by -X% to $X, falling for the second year in a row after five years of growth. Overall, consumption continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2018 to 2019, the growth of the market failed to regain the momentum.

Iron Ore Exports

Exports from Uzbekistan

In 2019, overseas shipments of iron ores decreased by -X% to X tons for the first time since 2016, thus ending a two-year declining trend. In general, exports saw a significant decrease. Over the period under review, exports attained the maximum at X tons in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, iron ore exports shrank sharply to $X in 2019. Overall, exports showed a precipitous setback. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for iron ore exports from Uzbekistan, accounting for a X% share of total exports. Moreover, iron ore exports to Germany exceeded the volume sent to the second major destination, China (X kg), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to Germany amounted to -X%.

From 2007 to 2019, the average annual rate of growth in terms of value to Germany totaled -X%.

Export Prices by Country

In 2019, the average iron ore export price amounted to $X per ton, with a decrease of -X% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The export price peaked at $X per ton in 2016; however, from 2017 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while the average price for exports to Germany amounted to $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China.

Iron Ore Imports

Imports into Uzbekistan

In 2019, overseas purchases of iron ores decreased by -X% to X tons, falling for the second consecutive year after seven years of growth. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. As a result, imports reached the peak of X tons. From 2018 to 2019, the growth imports remained at a lower figure.

In value terms, iron ore imports fell dramatically to $X in 2019. In general, imports showed a pronounced downturn. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, China (X tons) constituted the largest supplier of iron ore to Uzbekistan, with a X% share of total imports. Moreover, iron ore imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Russia (X% per year).

In value terms, the largest iron ore suppliers to Uzbekistan were Germany ($X), China ($X) and Russia ($X), together accounting for X% of total imports.

Germany (+X% per year) recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average iron ore import price stood at $X per ton in 2019, surging by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Russia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores in the world?

China remains the largest iron ore consuming country worldwide, accounting for 54% of total volume. Moreover, iron ore consumption in China exceeded the figures recorded by the second-largest consumer, India, eightfold. The third position in this ranking was occupied by Australia, with a 6.1% share.

What are the largest producers of iron ores in the world?

The countries with the highest volumes of iron ore production in 2019 were Australia, Brazil and China, together accounting for 70% of global production.

What are the leading suppliers of iron ores to Uzbekistan?

In value terms, the largest iron ore suppliers to Uzbekistan were Germany, China and Russia, with a combined 100% share of total imports.

What is the average export price for iron ores in Uzbekistan?

The average iron ore export price stood at $410 per ton in 2019, waning by -22.8% against the previous year.

What is the average import price for iron ores in Uzbekistan?

The average iron ore import price stood at $728 per ton in 2019, jumping by 55% against the previous year.

This report provides an in-depth analysis of the iron ore market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024