Uzbekistan: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in Uzbekistan

The Uzbek wooden furniture treatments market expanded slightly to $X in 2022, rising by 2.7% against the previous year. In general, consumption, however, showed a abrupt setback. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Wooden Furniture Treatments Production in Uzbekistan

In value terms, wooden furniture treatments production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when the production volume increased by 49%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Wooden Furniture Treatments Exports

Exports from Uzbekistan

In 2022, exports of polishes and creams for wooden furniture and floors from Uzbekistan stood at X kg, therefore, remained relatively stable against 2021 figures. Over the period under review, exports posted a pronounced increase. The smallest decline of 99.9% was in 2019. Over the period under review, the exports reached the peak figure at X kg in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden furniture treatments exports stood at $X in 2022. In general, exports saw a slight curtailment. The smallest decline of 99.9% was in 2019. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Tajikistan (X kg) was the main destination for wooden furniture treatments exports from Uzbekistan, accounting for a approx. 100% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to Tajikistan stood at -32.4%.

From 2015 to 2022, the average annual growth rate of value to Tajikistan stood at -15.4%.

Export Prices by Country

In 2022, the average wooden furniture treatments export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 a decrease of 99.9%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Tajikistan.

From 2015 to 2022, the rate of growth in terms of prices for Tajikistan amounted to +25.2% per year.

Wooden Furniture Treatments Imports

Imports into Uzbekistan

In 2022, approx. X tons of polishes and creams for wooden furniture and floors were imported into Uzbekistan; jumping by 17% on the year before. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 68%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, wooden furniture treatments imports expanded markedly to $X in 2022. Overall, total imports indicated a buoyant increase from 2017 to 2022: its value increased at an average annual rate of +10.7% 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 -10.4% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 40% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of wooden furniture treatments to Uzbekistan, with a 79% share of total imports. Moreover, wooden furniture treatments imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), eightfold. The third position in this ranking was taken by Poland (X tons), with a 7.2% share.

From 2017 to 2022, the average annual growth rate of volume from Russia stood at +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-6.9% per year) and Poland (+11.0% per year).

In value terms, Russia ($X) constituted the largest supplier of polishes and creams for wooden furniture and floors to Uzbekistan, comprising 79% of total imports. The second position in the ranking was taken by Poland ($X), with a 7.7% share of total imports. It was followed by Germany, with a 4.8% share.

From 2017 to 2022, the average annual growth rate of value from Russia totaled +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+10.7% per year) and Germany (+35.2% per year).

Import Prices by Country

In 2022, the average wooden furniture treatments import price amounted to $X per ton, reducing by -8.1% against the previous year. In general, the import price, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 94%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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 the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+29.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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