Uzbekistan: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Uzbekistan

The Uzbek market for pure polyvinyl chloride in primary forms soared to $X in 2022, surging by 66% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a strong expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports from Uzbekistan

In 2022, overseas shipments of pure polyvinyl chloride in primary forms decreased by -39.3% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 40,630%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of pure polyvinyl chloride in primary forms declined notably to $X in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 37,609%. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Turkey (X tons) was the main destination for exports of pure polyvinyl chloride in primary forms from Uzbekistan, with a 56% share of total exports. Moreover, exports of pure polyvinyl chloride in primary forms to Turkey exceeded the volume sent to the second major destination, Russia (X tons), fourfold. The third position in this ranking was taken by Iraq (X tons), with an 11% share.

From 2019 to 2022, the average annual growth rate of volume to Turkey stood at +61.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-60.2% per year) and Iraq (0.0% per year).

In value terms, Turkey ($X) remains the key foreign market for pure polyvinyl chloride in primary forms exports from Uzbekistan, comprising 58% of total exports. The second position in the ranking was taken by Russia ($X), with a 16% share of total exports. It was followed by Iraq, with an 11% share.

From 2019 to 2022, the average annual rate of growth in terms of value to Turkey stood at +94.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-44.7% per year) and Iraq (0.0% per year).

Export Prices by Country

The average export price for pure polyvinyl chloride in primary forms stood at $X per ton in 2022, falling by -6.4% against the previous year. In general, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 90% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Turkey ($X per ton) and Kazakhstan ($X per ton), while the average price for exports to Tajikistan ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports into Uzbekistan

In 2022, purchases abroad of pure polyvinyl chloride in primary forms was finally on the rise to reach X tons after two years of decline. Over the period under review, imports posted a moderate expansion. Over the period under review, imports of attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of pure polyvinyl chloride in primary forms skyrocketed to $X in 2022. In general, total imports indicated a prominent expansion from 2017 to 2022: its value increased at an average annual rate of +12.5% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 31%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) was the main supplier of pure polyvinyl chloride in primary forms to Uzbekistan, accounting for a 94% share of total imports. It was followed by Iran (X tons), with a 1.9% share of total imports.

From 2017 to 2022, the average annual growth rate of volume from China amounted to +4.6%.

In value terms, China ($X) constituted the largest supplier of pure polyvinyl chloride in primary forms to Uzbekistan, comprising 92% of total imports. The second position in the ranking was taken by Iran ($X), with a 1.1% share of total imports.

From 2017 to 2022, the average annual rate of growth in terms of value from China totaled +13.1%.

Import Prices by Country

In 2022, the average import price for pure polyvinyl chloride in primary forms amounted to $X per ton, reducing by -30.1% against the previous year. Over the period under review, the import price, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 94%. As a result, import price attained the peak level of $X per ton, and then contracted dramatically 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 China ($X per ton), while the price for Iran amounted to $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%).

Source: IndexBox Platform

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