Uzbekistan: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Uzbekistan

The Uzbek market for plastics pipes and pipe fittings declined to $X in 2022, reducing by -2.5% against the previous year. Over the period under review, consumption, however, showed a strong increase. Plastics pipe and pipe fitting consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Plastics Pipes And Pipe Fittings in Uzbekistan

In value terms, plastics pipe and pipe fitting production fell slightly to $X in 2022 estimated in export price. In general, production, however, posted prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 34% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Plastics Pipes And Pipe Fittings

Exports from Uzbekistan

In 2022, after two years of growth, there was significant decline in overseas shipments of plastics pipes and pipe fittings, when their volume decreased by -6.1% to X tons. Overall, exports continue to indicate a mild curtailment. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, plastics pipe and pipe fitting exports reduced to $X in 2022. Over the period under review, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tajikistan (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons) were the main destinations of plastics pipe and pipe fitting exports from Uzbekistan, with a combined 91% share of total exports. Turkmenistan, South Korea and Russia lagged somewhat behind, together comprising a further 7.9%.

From 2017 to 2022, the biggest increases were recorded for Turkmenistan (with a CAGR of +2,108.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Tajikistan ($X) and Kyrgyzstan ($X) appeared to be the largest markets for plastics pipe and pipe fitting exported from Uzbekistan worldwide, with a combined 85% share of total exports. South Korea, Turkmenistan and Russia lagged somewhat behind, together accounting for a further 14%.

In terms of the main countries of destination, Turkmenistan, with a CAGR of +722.0%, saw the highest rates of growth with regard to 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 export price for plastics pipes and pipe fittings stood at $X per ton in 2022, which is down by -4.6% against the previous year. Over the period under review, the export price saw a mild shrinkage. The growth pace was the most rapid in 2021 an increase of 14%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Tajikistan ($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 Russia (+22.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Plastics Pipes And Pipe Fittings

Imports into Uzbekistan

Plastics pipe and pipe fitting imports into Uzbekistan fell to X tons in 2022, waning by -12.5% against 2021 figures. Overall, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 70% against the previous year. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, plastics pipe and pipe fitting imports contracted sharply to $X in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 117%. As a result, imports attained the peak of $X, and then dropped rapidly in the following year.

Imports by Country

Turkey (X tons), Russia (X tons) and Iran (X tons) were the main suppliers of plastics pipe and pipe fitting imports to Uzbekistan, with a combined 71% share of total imports. China, Turkmenistan, South Korea, Italy and Kazakhstan lagged somewhat behind, together accounting for a further 23%.

From 2017 to 2022, the biggest increases were recorded for Turkmenistan (with a CAGR of +284.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Russia ($X) and Iran ($X) appeared to be the largest plastics pipe and pipe fitting suppliers to Uzbekistan, with a combined 73% share of total imports. China, Turkmenistan, South Korea, Italy and Kazakhstan lagged somewhat behind, together comprising a further 17%.

Turkmenistan, with a CAGR of +89.5%, saw the highest rates of growth with regard to the value of imports, in terms of 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 import price for plastics pipes and pipe fittings amounted to $X per ton, with a decrease of -8.3% against the previous year. Over the period under review, import price indicated a remarkable increase from 2017 to 2022: its price increased at an average annual rate of +6.5% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastics pipe and pipe fitting import price increased by +41.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while the price for Turkmenistan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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