Uzbekistan: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2024

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Uzbekistan

The Uzbek solid vulcanised rubber sheet market was estimated at $X in 2022, standing approx. at the previous year. Overall, consumption, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the market value increased by 9.9%. Solid vulcanised rubber sheet consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Uzbekistan

In value terms, solid vulcanised rubber sheet production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the production volume increased by 21% against the previous year. Solid vulcanised rubber sheet production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports from Uzbekistan

In 2022, the amount of plates, sheets, strips for floor covering of solid vulcanised rubber exported from Uzbekistan soared to X tons, with an increase of 1,387% on 2021 figures. In general, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 5,524%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, solid vulcanised rubber sheet exports surged to $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 3,752% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Azerbaijan (X tons) was the main destination for solid vulcanised rubber sheet exports from Uzbekistan, with a 85% share of total exports. Moreover, solid vulcanised rubber sheet exports to Azerbaijan exceeded the volume sent to the second major destination, Kazakhstan (X tons), eightfold. The third position in this ranking was taken by Russia (X tons), with a 3.1% share.

From 2017 to 2022, the average annual rate of growth in terms of volume to Azerbaijan totaled +322.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+11.3% per year) and Russia (-2.8% per year).

In value terms, Azerbaijan ($X) emerged as the key foreign market for plates, sheets, strips for floor covering of solid vulcanised rubber exports from Uzbekistan, comprising 85% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an 11% share of total exports. It was followed by Russia, with a 3.6% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Azerbaijan stood at +1,575.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+64.5% per year) and Russia (+46.0% per year).

Export Prices by Country

In 2022, the average solid vulcanised rubber sheet export price amounted to $X per ton, with an increase of 149% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth appeared the most rapid in 2018 an increase of 161%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan ($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 Azerbaijan (+296.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports into Uzbekistan

In 2022, the amount of plates, sheets, strips for floor covering of solid vulcanised rubber imported into Uzbekistan contracted slightly to X tons, reducing by -4.4% compared with 2021. Overall, total imports indicated a moderate expansion from 2017 to 2022: its volume increased at an average annual rate of +4.6% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.3% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by 124%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, solid vulcanised rubber sheet imports rose remarkably to $X in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Russia (X tons) and Turkey (X tons) were the main suppliers of solid vulcanised rubber sheet imports to Uzbekistan, together comprising 91% of total imports.

From 2017 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +53.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest solid vulcanised rubber sheet suppliers to Uzbekistan were Turkey ($X), China ($X) and Russia ($X), with a combined 72% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +44.3%, saw the highest rates of growth with regard to the value of imports, 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 solid vulcanised rubber sheet import price amounted to $X per ton, picking up by 15% against the previous year. Overall, the import price posted a buoyant increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 79%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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