Uzbekistan: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in Uzbekistan

The Uzbek polyvinyl chloride market expanded modestly to $X in 2022, with an increase of 3% against the previous year. Overall, consumption posted a prominent increase. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Polyvinyl Chloride Production in Uzbekistan

In value terms, polyvinyl chloride production shrank sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 61%. As a result, production attained the peak level of $X, and then plummeted in the following year.

Polyvinyl Chloride Exports

Exports from Uzbekistan

In 2022, shipments abroad of polyvinyl chloride decreased by -39.7% to X tons, falling for the second consecutive year after four years of growth. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,938%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, polyvinyl chloride exports declined remarkably to $X in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,825%. The exports peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

Turkey (X tons) was the main destination for polyvinyl chloride exports from Uzbekistan, with a 77% share of total exports. Moreover, polyvinyl chloride exports to Turkey exceeded the volume sent to the second major destination, Ukraine (X tons), tenfold. Kyrgyzstan (X tons) ranked third in terms of total exports with a 5.2% share.

From 2017 to 2022, the average annual growth rate of volume to Turkey amounted to +93.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+78.7% per year) and Kyrgyzstan (+275.5% per year).

In value terms, Turkey ($X) remains the key foreign market for polyvinyl chloride exports from Uzbekistan, comprising 82% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 7.8% share of total exports. It was followed by Kazakhstan, with a 3.4% share.

From 2017 to 2022, the average annual growth rate of value to Turkey amounted to +145.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+140.1% per year) and Kazakhstan (+212.5% per year).

Export Prices by Country

In 2022, the average polyvinyl chloride export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 92%. As a result, the export price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Kyrgyzstan ($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 Russia (+100.3%), while the prices for the other major destinations experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports into Uzbekistan

After two years of decline, purchases abroad of polyvinyl chloride increased by 6.9% to X tons in 2022. In general, imports showed a tangible expansion. The most prominent rate of growth was recorded in 2015 with an increase of 249% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, polyvinyl chloride imports rose notably to $X in 2022. Over the period under review, imports showed a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of 247% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main polyvinyl chloride supplier to Uzbekistan, accounting for a 95% share of total imports. It was followed by Kazakhstan (X tons), with a 1.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +2.9%.

In value terms, China ($X) constituted the largest supplier of polyvinyl chloride to Uzbekistan, comprising 91% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 1.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +8.7%.

Import Prices by Country

The average polyvinyl chloride import price stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 187% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :