Uzbekistan: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in Uzbekistan

The Uzbek aromatic hydrocarbon mixtures market soared to $X in 2022, picking up by 20% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Aromatic hydrocarbon mixtures consumption peaked in 2022 and is expected to retain growth in the immediate term.

Aromatic Hydrocarbon Mixtures Production in Uzbekistan

In value terms, aromatic hydrocarbon mixtures production expanded significantly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.6% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by 41% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Aromatic Hydrocarbon Mixtures Exports

Exports from Uzbekistan

In 2022, overseas shipments of naphthalene and other aromatic hydrocarbon mixtures decreased by -28% to X tons, falling for the second consecutive year after seven years of growth. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 1,345% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, aromatic hydrocarbon mixtures exports expanded sharply to $X in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 791% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Estonia (X tons) was the main destination for aromatic hydrocarbon mixtures exports from Uzbekistan, with a approx. 50% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Estonia totaled +58.4%.

In value terms, Estonia ($X) also remains the key foreign market for naphthalene and other aromatic hydrocarbon mixtures exports from Uzbekistan.

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia stood at +57.1%.

Export Prices by Country

The average aromatic hydrocarbon mixtures export price stood at $X per ton in 2022, picking up by 51% against the previous year. Over the period under review, the export price, however, showed a mild slump. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +55.8% per year.

Aromatic Hydrocarbon Mixtures Imports

Imports into Uzbekistan

In 2022, approx. X tons of naphthalene and other aromatic hydrocarbon mixtures were imported into Uzbekistan; which is down by -7.4% on the year before. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 167% against the previous year. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, aromatic hydrocarbon mixtures imports soared to $X in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 135%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of aromatic hydrocarbon mixtures to Uzbekistan, accounting for a 72% share of total imports. Moreover, aromatic hydrocarbon mixtures imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Belarus (X tons), fourfold. The third position in this ranking was held by South Korea (X tons), with a 4.9% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +1,730.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (0.0% per year) and South Korea (-7.0% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of naphthalene and other aromatic hydrocarbon mixtures to Uzbekistan, comprising 80% of total imports. The second position in the ranking was held by Belarus ($X), with a 7.4% share of total imports. It was followed by South Korea, with a 5.8% share.

From 2017 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at +1,640.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (0.0% per year) and South Korea (-5.6% per year).

Import Prices by Country

The average aromatic hydrocarbon mixtures import price stood at $X per ton in 2022, picking up by 53% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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