Uzbekistan: Market for Prepared Glues And Other Prepared Adhesives 2024

Market Size for Prepared Glues And Other Prepared Adhesives in Uzbekistan

In 2021, after two years of decline, there was growth in the Uzbek market for prepared glues and other prepared adhesives, when its value increased by 1.2% to $X. Overall, consumption saw a relatively flat trend pattern. Consumption of peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Prepared Glues And Other Prepared Adhesives in Uzbekistan

In value terms, production of prepared glues and other prepared adhesives rose sharply to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 24%. Production of peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Prepared Glues And Other Prepared Adhesives

Exports from Uzbekistan

In 2021, approx. X tons of prepared glues and other prepared adhesives were exported from Uzbekistan; waning by -74.7% compared with the previous year. Overall, exports recorded a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by 564%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, exports of prepared glues and other prepared adhesives surged to $X in 2021. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 225% against the previous year. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Tajikistan (X tons) was the main destination for exports of prepared glues and other prepared adhesives from Uzbekistan, with a 158% share of total exports. Moreover, exports of prepared glues and other prepared adhesives to Tajikistan exceeded the volume sent to the second major destination, Kazakhstan (X tons), threefold. Kyrgyzstan (X tons) ranked third in terms of total exports with a 43% share.

From 2012 to 2021, the average annual growth rate of volume to Tajikistan totaled +67.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+8.2% per year) and Kyrgyzstan (+21.5% per year).

In value terms, the largest markets for prepared glues and other prepared adhesives exported from Uzbekistan were Kyrgyzstan ($X), Tajikistan ($X) and Kazakhstan ($X), with a combined 98% share of total exports.

In terms of the main countries of destination, Tajikistan, with a CAGR of +112.4%, recorded 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

In 2021, the average export price for prepared glues and other prepared adhesives amounted to $X per ton, jumping by 543% against the previous year. In general, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Glues And Other Prepared Adhesives

Imports into Uzbekistan

In 2021, overseas purchases of prepared glues and other prepared adhesives decreased by -69.9% to X tons, falling for the second year in a row after three years of growth. Overall, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 55%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of prepared glues and other prepared adhesives surged to $X in 2021. In general, total imports indicated prominent growth from 2017 to 2021: its value increased at an average annual rate of +18.8% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +98.9% against 2017 indices. The pace of growth appeared the most rapid in 2019 with an increase of 37%. Over the period under review, imports of reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

Iran (X tons), Turkey (X tons) and China (X tons) were the main suppliers of imports of prepared glues and other prepared adhesives to Uzbekistan.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +14.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Germany ($X) constituted the largest prepared glues and other prepared adhesives suppliers to Uzbekistan, with a combined 66% share of total imports. These countries were followed by Russia, Iran, Poland and Kyrgyzstan, which together accounted for a further 23%.

In terms of the main suppliers, Kyrgyzstan, with a CAGR of +31.0%, recorded 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 2021, the average import price for prepared glues and other prepared adhesives amounted to $X per ton, surging by 314% against the previous year. In general, the import price saw a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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