Uzbekistan: Nitrogenous Fertilizer Market 2024

Nitrogenous Fertilizer Market Size in Uzbekistan

The Uzbek nitrogenous fertilizer market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption, however, showed a deep contraction. Nitrogenous fertilizer consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Nitrogenous Fertilizer Production in Uzbekistan

In value terms, nitrogenous fertilizer production declined slightly to $X in 2022 estimated in export price. Overall, production saw a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Nitrogenous fertilizer production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Nitrogenous Fertilizer Exports

Exports from Uzbekistan

After three years of growth, shipments abroad of nitrogenous fertilizers (mineral or chemical) decreased by X% to X tons in 2022. Overall, exports recorded a slight contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then declined notably in the following year.

In value terms, nitrogenous fertilizer exports expanded remarkably to $X in 2022. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Tajikistan (X tons), Kazakhstan (X tons) and Turkmenistan (X tons) were the main destinations of nitrogenous fertilizer exports from Uzbekistan, together accounting for X% of total exports. Bulgaria, Kyrgyzstan, Greece, Poland, Latvia, Turkey, Ukraine, Germany, Afghanistan and Switzerland lagged somewhat behind, together comprising a further X%.

From 2017 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Tajikistan ($X), Turkmenistan ($X) and Bulgaria ($X) appeared to be the largest markets for nitrogenous fertilizer exported from Uzbekistan worldwide, together accounting for X% of total exports. Greece, Latvia, Kazakhstan, Poland, Germany, Kyrgyzstan, Ukraine, Afghanistan, Switzerland and Turkey lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nitrogenous fertilizer export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price showed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Kyrgyzstan ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrogenous Fertilizer Imports

Imports into Uzbekistan

In 2022, overseas purchases of nitrogenous fertilizers (mineral or chemical) decreased by X% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, nitrogenous fertilizer imports contracted remarkably to $X in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Russia (X tons), Ukraine (X tons) and Slovakia (X tons) were the main suppliers of nitrogenous fertilizer imports to Uzbekistan, together comprising X% of total imports.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of X.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest nitrogenous fertilizer suppliers to Uzbekistan were Ukraine ($X), Russia ($X) and Slovakia ($X), with a combined X% share of total imports.

Ukraine, with a CAGR of X.9%, saw the highest growth rate of the value of imports, among the main suppliers 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 nitrogenous fertilizer import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price recorded a resilient increase. As a result, import price reached 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 2022, amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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