Uzbekistan: Modelling Pastes Market 2024

Modelling Pastes Market Size in Uzbekistan

The Uzbek modelling pastes market skyrocketed to $X in 2021, surging by 65% 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 saw a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Modelling Pastes Exports

Exports from Uzbekistan

In 2021, exports of modelling pastes, dental wax and dental impression compounds from Uzbekistan declined markedly to X tons, shrinking by -74.3% against the previous year's figure. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 41,190% against the previous year. As a result, the exports reached the peak of X tons, and then dropped significantly in the following year.

In value terms, modelling pastes exports reduced remarkably to $X in 2021. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 51,070% against the previous year. As a result, the exports reached the peak of $X, and then contracted sharply in the following year.

Exports by Country

Tajikistan (X kg), Kyrgyzstan (X kg) and Germany (X kg) were the main destinations of modelling pastes exports from Uzbekistan, together accounting for 97% of total exports.

From 2018 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kyrgyzstan (with a CAGR of +1,954.3%), while the other leaders experienced more modest paces of growth.

In value terms, Kyrgyzstan ($X), Germany ($X) and Tajikistan ($X) constituted the largest markets for modelling pastes exported from Uzbekistan worldwide, together accounting for 76% of total exports.

Among the main countries of destination, Tajikistan, with a CAGR of +31.8%, 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 mixed trend patterns.

Export Prices by Country

The average modelling pastes export price stood at $X per ton in 2021, surging by 183% against the previous year. Over the period under review, the export price recorded a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+609.0%).

Modelling Pastes Imports

Imports into Uzbekistan

Modelling pastes imports into Uzbekistan expanded significantly to X tons in 2021, surging by 5.9% compared with 2020. In general, total imports indicated significant growth from 2017 to 2021: its volume increased at an average annual rate of +20.8% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +112.7% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 65%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, modelling pastes imports skyrocketed to $X in 2021. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest modelling pastes supplier to Uzbekistan, with a 53% share of total imports. Moreover, modelling pastes imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with an 11% share.

From 2017 to 2021, the average annual growth rate of volume from Russia stood at +23.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.4% per year) and Italy (+3.3% per year).

In value terms, Russia ($X), Italy ($X) and China ($X) constituted the largest modelling pastes suppliers to Uzbekistan, with a combined 52% share of total imports.

Italy, with a CAGR of +43.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average modelling pastes import price stood at $X per ton in 2021, rising by 54% against the previous year. Overall, import price indicated a resilient expansion from 2017 to 2021: its price increased at an average annual rate of +15.3% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, modelling pastes import price increased by +86.3% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+38.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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