Uzbekistan: Marble Building Stone Market 2024

Marble Building Stone Market Size in Uzbekistan

The Uzbek marble building stone market soared to $X in 2021, jumping by 25% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -27.9% against 2016 indices. Marble building stone consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Marble Building Stone Production in Uzbekistan

In value terms, marble building stone production expanded rapidly to $X in 2021 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -42.3% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 73% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Marble Building Stone Exports

Exports from Uzbekistan

Marble building stone exports from Uzbekistan rose rapidly to X tons in 2021, surging by 13% against 2020. In general, total exports indicated a prominent expansion from 2017 to 2021: its volume increased at an average annual rate of +7.6% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +50.8% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of 47% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, marble building stone exports dropped to $X in 2021. Overall, exports showed resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of 207%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Tajikistan (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons) were the main destinations of marble building stone exports from Uzbekistan, with a combined 93% share of total exports.

From 2017 to 2021, the biggest increases were recorded for Tajikistan (with a CAGR of +36.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for marble building stone exported from Uzbekistan were Tajikistan ($X), Kyrgyzstan ($X) and Kazakhstan ($X), with a combined 90% share of total exports.

Among the main countries of destination, Kyrgyzstan, with a CAGR of +36.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average marble building stone export price stood at $X per ton in 2021, which is down by -19.2% against the previous year. In general, the export price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 109% against the previous year. The export price peaked at $X per ton in 2020, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Kazakhstan ($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 Israel (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.

Marble Building Stone Imports

Imports into Uzbekistan

Marble building stone imports into Uzbekistan surged to X tons in 2021, increasing by 306% compared with the previous year's figure. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 739% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, marble building stone imports surged to $X in 2021. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2019 when imports increased by 1,043%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

Turkey (X tons), Ukraine (X tons) and China (X tons) were the main suppliers of marble building stone imports to Uzbekistan, together comprising 51% of total imports. These countries were followed by Iran, Kyrgyzstan, India, Egypt, Afghanistan, Greece, Spain and the United Arab Emirates, which together accounted for a further 38%.

From 2017 to 2021, the biggest increases were recorded for Iran (with a CAGR of +259.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of marble building stone to Uzbekistan, comprising 53% of total imports. The second position in the ranking was held by Ukraine ($X), with a 9.6% share of total imports. It was followed by China, with a 7.1% share.

From 2017 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +35.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+227.9% per year) and China (+19.5% per year).

Import Prices by Country

The average marble building stone import price stood at $X per ton in 2021, dropping by -31.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 106%. As a result, import price attained the peak level of $X per ton, and then contracted rapidly in the following year.

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 Turkey ($X per ton), while the price for Kyrgyzstan ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+48.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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