Uzbekistan: Packaging Materials Market 2024

Packaging Materials Market Size in Uzbekistan

For the ninth year in a row, the Uzbek packaging materials market recorded growth in sales value, which increased by 1.4% to $X in 2022. In general, consumption, however, showed significant growth. Packaging materials consumption peaked in 2022 and is likely to see gradual growth in the near future.

Packaging Materials Production in Uzbekistan

In value terms, packaging materials production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 71% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Packaging Materials Exports

Exports from Uzbekistan

In 2022, approx. X tons of packaging materials were exported from Uzbekistan; growing by 96% compared with 2021 figures. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2017 when exports increased by 12,963%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, packaging materials exports skyrocketed to $X in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2017 with an increase of 6,850%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Afghanistan (X tons) was the main destination for packaging materials exports from Uzbekistan, with a 41% share of total exports. Moreover, packaging materials exports to Afghanistan exceeded the volume sent to the second major destination, Turkey (X tons), twofold. The third position in this ranking was taken by Kyrgyzstan (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Afghanistan stood at +745.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+305.0% per year) and Kyrgyzstan (+76.5% per year).

In value terms, Afghanistan ($X) emerged as the key foreign market for packaging materials exports from Uzbekistan, comprising 43% of total exports. The second position in the ranking was held by Turkey ($X), with a 17% share of total exports. It was followed by Kyrgyzstan, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Afghanistan amounted to +403.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+204.7% per year) and Kyrgyzstan (+69.1% per year).

Export Prices by Country

The average packaging materials export price stood at $X per ton in 2022, with an increase of 6.6% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+54.3%), while the prices for the other major destinations experienced a decline.

Packaging Materials Imports

Imports into Uzbekistan

In 2022, the amount of packaging materials imported into Uzbekistan expanded notably to X tons, increasing by 6.6% compared with the previous year. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 18,781% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, packaging materials imports surged to $X in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 21,479%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of packaging materials to Uzbekistan, with a 59% share of total imports. Moreover, packaging materials imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Finland (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at +112.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+88.1% per year) and Finland (+7.7% per year).

In value terms, Russia ($X) constituted the largest supplier of packaging materials to Uzbekistan, comprising 51% of total imports. The second position in the ranking was held by China ($X), with a 22% share of total imports. It was followed by Finland, with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to +101.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+124.7% per year) and Finland (+11.0% per year).

Import Prices by Country

In 2022, the average packaging materials import price amounted to $X per ton, surging by 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 28%. Over the period under review, average import prices hit record highs in 2022 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 ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :