Uzbekistan: Natural Stone Sett Market 2025

Natural Stone Sett Market Size in Uzbekistan

In 2022, the Uzbek natural stone sett market decreased by -62.9% to $X, falling for the second year in a row after nine years of growth. In general, consumption, however, enjoyed significant growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Natural Stone Sett Production in Uzbekistan

In value terms, natural stone sett production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, enjoyed modest growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 8.8% against the previous year. Natural stone sett production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Natural Stone Sett Exports

Exports from Uzbekistan

In 2022, shipments abroad of natural stone setts, kerbstones and flagstones increased by 91% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 7,972%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, natural stone sett exports reduced remarkably to $X in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,858% against the previous year. As a result, the exports reached the peak of $X, and then shrank rapidly in the following year.

Exports by Country

Tajikistan (X tons), Kazakhstan (X tons) and Russia (X tons) were the main destinations of natural stone sett exports from Uzbekistan, together accounting for 98% of total exports.

From 2018 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +1,275.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tajikistan ($X), Kazakhstan ($X) and Russia ($X) constituted the largest markets for natural stone sett exported from Uzbekistan worldwide, together accounting for 99% of total exports.

Kazakhstan, with a CAGR of +651.7%, saw the highest growth rate of the value of exports, in terms of 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

The average natural stone sett export price stood at $X per ton in 2022, falling by -62.4% against the previous year. In general, the export price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 1,374% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+54.8%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Stone Sett Imports

Imports into Uzbekistan

In 2022, approx. X tons of natural stone setts, kerbstones and flagstones were imported into Uzbekistan; rising by 12% against the previous year. In general, imports, however, saw a dramatic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 238%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, natural stone sett imports fell notably to $X in 2022. Overall, imports, however, faced a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 174%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Ukraine (X tons) was the main supplier of natural stone sett to Uzbekistan, accounting for a approx. 100% share of total imports.

From 2017 to 2022, the average annual rate of growth in terms of volume from Ukraine amounted to -43.4%.

In value terms, Ukraine ($X) constituted the largest supplier of natural stone setts, kerbstones and flagstones to Uzbekistan.

From 2017 to 2022, the average annual growth rate of value from Ukraine totaled -45.3%.

Import Prices by Country

In 2022, the average natural stone sett import price amounted to $X per ton, shrinking by -64% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2021 an increase of 136%. As a result, import price attained the peak level of $X per ton, and then contracted dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From 2017 to 2022, the rate of growth in terms of prices for Ukraine amounted to -3.6% per year.

Source: IndexBox Platform

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