Report Update Nov 1, 2024

Uzbekistan - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Npk Fertilizer Market 2024

Npk Fertilizer Market Size in Uzbekistan

In 2022, the Uzbek NPK fertilizer market decreased by -98.1% to $X, falling for the third year in a row after eight years of growth. Overall, consumption continues to indicate a precipitous setback. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Npk Fertilizer Production in Uzbekistan

In value terms, NPK fertilizer production contracted notably to $X in 2022 estimated in export price. Overall, production, however, showed a significant expansion. The growth pace was the most rapid in 2016 with an increase of 532% against the previous year. Production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Npk Fertilizer Exports

Exports from Uzbekistan

In 2022, shipments abroad of mixed nitrogen, phosphorus and potassium (NPK) fertilizers increased by 479% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, NPK fertilizer exports soared to $X in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 651% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Latvia (X tons) and Romania (X tons) were the main destinations of NPK fertilizer exports from Uzbekistan, with a combined 79% share of total exports. Tajikistan and China lagged somewhat behind, together comprising a further 18%.

From 2017 to 2022, the biggest increases were recorded for Tajikistan (with a CAGR of +44.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for NPK fertilizer exported from Uzbekistan were Poland ($X), Latvia ($X) and Romania ($X), with a combined 82% share of total exports. Tajikistan and China lagged somewhat behind, together accounting for a further 16%.

Tajikistan, with a CAGR of +81.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average NPK fertilizer export price amounted to $X per ton, growing by 11% against the previous year. Overall, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 117%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to China ($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 (+92.8%), while the prices for the other major destinations experienced mixed trend patterns.

Npk Fertilizer Imports

Imports into Uzbekistan

In 2022, the amount of mixed nitrogen, phosphorus and potassium (NPK) fertilizers imported into Uzbekistan declined notably to X tons, falling by -77.1% on the year before. Overall, imports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 304%. As a result, imports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, NPK fertilizer imports declined remarkably to $X in 2022. In general, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 142% against the previous year. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

Russia (X tons), Turkey (X tons) and Lithuania (X tons) were the main suppliers of NPK fertilizer imports to Uzbekistan, with a combined 55% share of total imports.

From 2017 to 2022, the biggest increases were recorded for Russia (with a CAGR of +46.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest NPK fertilizer suppliers to Uzbekistan were Russia ($X), Turkey ($X) and Lithuania ($X), with a combined 48% share of total imports. Saudi Arabia, China, the Netherlands and Italy lagged somewhat behind, together accounting for a further 33%.

In terms of the main suppliers, China, with a CAGR of +67.2%, 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 NPK fertilizer import price amounted to $X per ton, with an increase of 86% against the previous year. In general, the import price, however, recorded a slight setback. The import price peaked 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 China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mixed nitrogen, phosphorus and potassium (npk) fertilizers in the world?

The countries with the highest volumes of npk fertilizer consumption in 2021 were the United States, India and Vietnam, together accounting for 33% of global consumption. Spain, Indonesia, Russia, South Korea, Brazil, Poland, Ukraine, the UK, Japan and Ireland lagged somewhat behind, together comprising a further 35%.

What are the largest producers of mixed nitrogen, phosphorus and potassium (npk) fertilizers in the world?

The countries with the highest volumes of npk fertilizer production in 2021 were the United States, Russia and India, with a combined 39% share of global production.

What are the leading suppliers of mixed nitrogen, phosphorus and potassium (npk) fertilizers to Uzbekistan?

In value terms, the largest npk fertilizer suppliers to Uzbekistan were Russia, Turkey and the Netherlands, together comprising 53% of total imports. These countries were followed by Lithuania, Saudi Arabia, the Czech Republic, Kazakhstan, France, Italy, Finland, Ukraine, Norway and Sudan, which together accounted for a further 38%.

What are the leading importers of mixed nitrogen, phosphorus and potassium (npk) fertilizers from Uzbekistan?

In value terms, Tajikistan emerged as the key foreign market for npk fertilizer exports from Uzbekistan, comprising 49% of total exports. The second position in the ranking was occupied by Ukraine, with an 18% share of total exports. It was followed by Turkey, with an 8.6% share.

What is the average export price for mixed nitrogen, phosphorus and potassium (npk) fertilizers in Uzbekistan?

The average npk fertilizer export price stood at $269 per ton in 2021, jumping by 41% against the previous year.

What is the average import price for mixed nitrogen, phosphorus and potassium (npk) fertilizers in Uzbekistan?

In 2021, the average npk fertilizer import price amounted to $1,457 per ton, shrinking by -1.5% against the previous year.

This report provides an in-depth analysis of the npk fertilizer 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 2030.

Product coverage:

FCL 4021 -

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:

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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
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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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023