Uzbekistan: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Uzbekistan

The Uzbek market for plastic hoses and hose fittings was finally on the rise to reach $X in 2021, after four years of decline. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Production of Plastic Hoses and Hose Fittings in Uzbekistan

In value terms, plastic hose and hose fitting production expanded markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by 26%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Exports of Plastic Hoses and Hose Fittings

Exports from Uzbekistan

Plastic hose and hose fitting exports from Uzbekistan contracted dramatically to X tons in 2021, which is down by -76.2% on the previous year's figure. Overall, exports showed a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 305%. As a result, the exports reached the peak of X tons, and then fell remarkably in the following year.

In value terms, plastic hose and hose fitting exports shrank dramatically to $X in 2021. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 212%. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

Kyrgyzstan (X tons) was the main destination for plastic hose and hose fitting exports from Uzbekistan, with a 74% share of total exports. Moreover, plastic hose and hose fitting exports to Kyrgyzstan exceeded the volume sent to the second major destination, Tajikistan (X tons), fourfold.

From 2017 to 2021, the average annual growth rate of volume to Kyrgyzstan totaled -10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-7.2% per year) and Kazakhstan (-6.9% per year).

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for plastic hoses and hose fittings exports from Uzbekistan, comprising 67% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 22% share of total exports.

From 2017 to 2021, the average annual growth rate of value to Kyrgyzstan totaled +23.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+29.8% per year) and Kazakhstan (+15.4% per year).

Export Prices by Country

In 2021, the average export price for plastic hoses and hose fittings amounted to $X per ton, jumping by 70% against the previous year. In general, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 an increase of 74% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+39.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports into Uzbekistan

In 2021, supplies from abroad of plastic hoses and hose fittings decreased by -41.4% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, saw perceptible growth. The pace of growth appeared the most rapid in 2019 with an increase of 91%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, plastic hose and hose fitting imports skyrocketed to $X in 2021. Over the period under review, imports, however, posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), China (X tons) and Russia (X tons) were the main suppliers of plastic hose and hose fitting imports to Uzbekistan, with a combined 81% share of total imports.

From 2017 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +20.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of plastic hoses and hose fittings to Uzbekistan, comprising 38% of total imports. The second position in the ranking was taken by China ($X), with an 18% share of total imports. It was followed by Ukraine, with an 8.8% share.

From 2017 to 2021, the average annual growth rate of value from Russia amounted to +82.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+39.2% per year) and Ukraine (+76.7% per year).

Import Prices by Country

The average import price for plastic hoses and hose fittings stood at $X per ton in 2021, increasing by 307% against the previous year. In general, the import price continues to indicate a significant increase. 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, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+87.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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