Uzbekistan: Lysine Market 2024

Lysine Market Size in Uzbekistan

The Uzbek lysine market soared to $X in 2022, increasing by 62% 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 recorded a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Lysine Exports

Exports from Uzbekistan

In 2022, the amount of lysine and its esters, and salts thereof exported from Uzbekistan skyrocketed to X tons, jumping by 493% compared with 2021 figures. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 765% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, lysine exports surged to $X in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 923% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Tajikistan (X tons) was the main destination for lysine exports from Uzbekistan, with a 84% share of total exports. Moreover, lysine exports to Tajikistan exceeded the volume sent to the second major destination, Kazakhstan (X tons), fivefold.

From 2019 to 2022, the average annual growth rate of volume to Tajikistan amounted to +162.3%.

In value terms, Tajikistan ($X) remains the key foreign market for lysine and its esters, and salts thereof exports from Uzbekistan, comprising 84% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 16% share of total exports.

From 2019 to 2022, the average annual rate of growth in terms of value to Tajikistan stood at +199.3%.

Export Prices by Country

The average lysine export price stood at $X per ton in 2022, surging by 36% against the previous year. Overall, export price indicated prominent growth from 2019 to 2022: its price increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lysine export price increased by +61.2% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Tajikistan stood at $X per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+14.1%).

Lysine Imports

Imports into Uzbekistan

For the sixth year in a row, Uzbekistan recorded growth in purchases abroad of lysine and its esters, and salts thereof, which increased by 18% to X tons in 2022. Over the period under review, total imports indicated a buoyant expansion from 2017 to 2022: its volume increased at an average annual rate of +17.9% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +127.7% against 2017 indices. The pace of growth appeared the most rapid in 2018 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, lysine imports soared to $X in 2022. Overall, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest lysine supplier to Uzbekistan, with a 86% share of total imports. Moreover, lysine imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), tenfold. The third position in this ranking was held by Germany (X tons), with a 2.2% share.

From 2017 to 2022, the average annual growth rate of volume from China totaled +34.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.7% per year) and Germany (+48.4% per year).

In value terms, China ($X) constituted the largest supplier of lysine and its esters, and salts thereof to Uzbekistan, comprising 84% of total imports. The second position in the ranking was held by France ($X), with an 8.3% share of total imports. It was followed by Germany, with a 2.7% share.

From 2017 to 2022, the average annual rate of growth in terms of value from China stood at +33.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-5.1% per year) and Germany (+42.2% per year).

Import Prices by Country

In 2022, the average lysine import price amounted to $X per ton, increasing by 40% against the previous year. In general, the import price, however, saw a noticeable downturn. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, 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 Indonesia ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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