Uzbekistan: Non-Alloy Aluminium Bar Market 2024

Non-Alloy Aluminium Bar Market Size in Uzbekistan

The Uzbek non-alloy aluminium bar market stood at $X in 2021, almost unchanged from the previous year. Overall, consumption, however, showed a perceptible contraction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Non-Alloy Aluminium Bar Production in Uzbekistan

In value terms, non-alloy aluminium bar production rose modestly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2013 when the production volume increased by 30% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Non-Alloy Aluminium Bar Exports

Exports from Uzbekistan

For the ninth consecutive year, Uzbekistan recorded decline in shipments abroad of non-alloy aluminium bars, rods and profiles, which decreased by -20.8% to X kg in 2021. Overall, exports faced a precipitous shrinkage. The smallest decline of -11.8% was in 2019. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, non-alloy aluminium bar exports dropped markedly to $X in 2021. In general, exports recorded a dramatic slump. The smallest decline of -19.7% was in 2019. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X kg) was the main destination for non-alloy aluminium bar exports from Uzbekistan, with a 89% share of total exports. Moreover, non-alloy aluminium bar exports to Turkey exceeded the volume sent to the second major destination, Russia (X kg), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey was relatively modest.

In value terms, Turkey ($X) emerged as the key foreign market for non-alloy aluminium bars, rods and profiles exports from Uzbekistan, comprising 88% of total exports. The second position in the ranking was taken by Russia ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (0.0% per year) and Kyrgyzstan (-64.0% per year).

Export Prices by Country

In 2021, the average non-alloy aluminium bar export price amounted to $X per ton, approximately equating the previous year. Over the last nine-year period, it increased at an average annual rate of +5.6%. The growth pace was the most rapid in 2013 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+6.3%).

Non-Alloy Aluminium Bar Imports

Imports into Uzbekistan

In 2021, overseas purchases of non-alloy aluminium bars, rods and profiles decreased by -56.8% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 2,333% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, non-alloy aluminium bar imports declined notably to $X in 2021. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 1,787%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Tajikistan (X tons) constituted the largest supplier of non-alloy aluminium bar to Uzbekistan, accounting for a 55% share of total imports. Moreover, non-alloy aluminium bar imports from Tajikistan exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The United Arab Emirates (X tons) ranked third in terms of total imports with an 8.4% share.

From 2017 to 2021, the average annual growth rate of volume from Tajikistan stood at +61.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+33.2% per year) and the United Arab Emirates (-25.0% per year).

In value terms, Tajikistan ($X) constituted the largest supplier of non-alloy aluminium bars, rods and profiles to Uzbekistan, comprising 39% of total imports. The second position in the ranking was held by Turkey ($X), with a 14% share of total imports. It was followed by the United Arab Emirates, with a 9.9% share.

From 2017 to 2021, the average annual rate of growth in terms of value from Tajikistan stood at +75.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+32.6% per year) and the United Arab Emirates (+110.0% per year).

Import Prices by Country

The average non-alloy aluminium bar import price stood at $X per ton in 2021, with an increase of 57% against the previous year. Over the period under review, import price indicated a strong increase from 2017 to 2021: its price increased at an average annual rate of +12.8% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-alloy aluminium bar import price increased by +86.1% against 2019 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, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+179.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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