Uzbekistan: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in Uzbekistan

The Uzbek mineral or aerated water market shrank slightly to $X in 2022, with a decrease of -3.9% against the previous year. Overall, consumption, however, recorded a remarkable increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Mineral or Aerated Waters in Uzbekistan

In value terms, mineral or aerated water production declined to $X in 2022 estimated in export price. Overall, production, however, showed a remarkable increase. The growth pace was the most rapid in 2018 when the production volume increased by 108% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Mineral or Aerated Waters

Exports from Uzbekistan

In 2022, the amount of mineral or aerated waters exported from Uzbekistan dropped notably to X tons, reducing by -80% on the previous year. Overall, exports showed a sharp decrease. The smallest decline of -9.5% was in 2019. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, mineral or aerated water exports reduced remarkably to $X in 2022. Over the period under review, exports recorded a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 381% against the previous year. As a result, the exports attained the peak of $X, and then declined remarkably in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for mineral or aerated water exports from Uzbekistan, with a 761% share of total exports. Moreover, mineral or aerated water exports to Kazakhstan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), ninefold. Russia (X tons) ranked third in terms of total exports with a 68% share.

From 2017 to 2022, the average annual growth rate of volume to Kazakhstan amounted to -20.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+63.1% per year) and Russia (+56.1% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for mineral or aerated waters exports from Uzbekistan, comprising 540% of total exports. The second position in the ranking was held by Russia ($X), with a 130% share of total exports. It was followed by China, with a 73% share.

From 2017 to 2022, the average annual growth rate of value to Kazakhstan stood at -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+55.0% per year) and China (+60.9% per year).

Export Prices by Country

The average mineral or aerated water export price stood at $X per ton in 2022, shrinking by -38.2% against the previous year. Overall, the export price, however, continues to indicate significant growth. The growth pace was the most rapid in 2021 an increase of 456% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+21.6%), while the prices for the other major destinations experienced a decline.

Imports of Mineral or Aerated Waters

Imports into Uzbekistan

In 2022, supplies from abroad of mineral or aerated waters decreased by -30.7% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2019 when imports increased by 406% against the previous year. Imports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, mineral or aerated water imports dropped to $X in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 349%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Georgia (X tons) was the main mineral or aerated water supplier to Uzbekistan, accounting for a 97% share of total imports. Moreover, mineral or aerated water imports from Georgia exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. Kazakhstan (X tons) ranked third in terms of total imports with a 13% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Georgia stood at +56.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+120.5% per year) and Kazakhstan (+133.0% per year).

In value terms, Georgia ($X) constituted the largest supplier of mineral or aerated waters to Uzbekistan, comprising 121% of total imports. The second position in the ranking was taken by Russia ($X), with a 13% share of total imports. It was followed by Kazakhstan, with a 5.8% share.

From 2017 to 2022, the average annual growth rate of value from Georgia stood at +44.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+106.3% per year) and Kazakhstan (+113.2% per year).

Import Prices by Country

In 2022, the average mineral or aerated water import price amounted to $X per ton, growing by 23% against the previous year. Overall, the import price, however, saw a deep slump. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+47.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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