Report Update Nov 1, 2024

Uzbekistan - Provitamins and Vitamins - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Vitamin Market 2024

Vitamin Market Size in Uzbekistan

In 2021, the Uzbek vitamin market increased by 12% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed a buoyant increase. Vitamin consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Vitamin Production in Uzbekistan

In value terms, vitamin production rose notably to $X in 2021 estimated in export price. Overall, production enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by 50%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Vitamin Exports

Exports from Uzbekistan

In 2021, after three years of growth, there was significant decline in shipments abroad of provitamins and vitamins, when their volume decreased by -99% to X kg. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 23,567% against the previous year. As a result, the exports attained the peak of X kg, and then contracted sharply in the following year.

In value terms, vitamin exports shrank dramatically to $X in 2021. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 23,667% against the previous year. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.

Exports by Country

Canada (X kg) was the main destination for vitamin exports from Uzbekistan, accounting for a approx. 14% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Canada was relatively modest.

In value terms, Kyrgyzstan ($X) remains the key foreign market for provitamins and vitamins exports from Uzbekistan, comprising 88% of total exports. The second position in the ranking was held by Canada ($X), with a 2% share of total exports.

From 2015 to 2021, the average annual growth rate of value to Kyrgyzstan totaled +247.3%.

Export Prices by Country

In 2021, the average vitamin export price amounted to $X per ton, picking up by 4,001% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2015 to 2021, the rate of growth in terms of prices for Kyrgyzstan amounted to -16.9% per year.

Vitamin Imports

Imports into Uzbekistan

Vitamin imports into Uzbekistan declined to X tons in 2021, which is down by -9.7% against 2020 figures. In general, imports showed a sharp setback. The pace of growth was the most pronounced in 2019 with an increase of 19% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, vitamin imports soared to $X in 2021. Overall, imports continue to indicate a deep reduction. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vitamin to Uzbekistan, accounting for a 45% share of total imports. Moreover, vitamin imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sevenfold. The third position in this ranking was taken by Poland (X tons), with a 4.1% share.

From 2017 to 2021, the average annual growth rate of volume from China stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+529.6% per year) and Poland (-56.3% per year).

In value terms, China ($X) constituted the largest supplier of provitamins and vitamins to Uzbekistan, comprising 39% of total imports. The second position in the ranking was held by France ($X), with a 7.9% share of total imports. It was followed by the United Arab Emirates, with a 6.8% share.

From 2017 to 2021, the average annual growth rate of value from China totaled -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-21.6% per year) and the United Arab Emirates (+432.9% per year).

Import Prices by Country

In 2021, the average vitamin import price amounted to $X per ton, growing by 48% against the previous year. Over the period from 2017 to 2021, it increased at an average annual rate of +9.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+41.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for provitamins and vitamins in the world?

The countries with the highest volumes of vitamin consumption in 2020 were India, China and the United States, with a combined 53% share of global consumption. Canada, Germany, Japan, the UK, Italy and France lagged somewhat behind, together accounting for a further 21%.

What are the largest producers of provitamins and vitamins in the world?

The countries with the highest volumes of vitamin production in 2020 were China, India and Canada, with a combined 77% share of global production. Germany, Japan, Switzerland, the UK, Italy and France lagged somewhat behind, together comprising a further 14%.

What are the leading suppliers of provitamins and vitamins to Uzbekistan?

In value terms, the largest vitamin suppliers to Uzbekistan were China, Germany and France, with a combined 84% share of total imports. These countries were followed by Russia and Kazakhstan, which together accounted for a further 6.9%.

What is the average export price for provitamins and vitamins in Uzbekistan?

In 2020, the average vitamin export price amounted to $4,017 per ton, flattening at the previous year.

What is the average import price for provitamins and vitamins in Uzbekistan?

The average vitamin import price stood at $4,759 per ton in 2020, with a decrease of -53.3% against the previous year.

This report provides an in-depth analysis of the vitamin market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21105100 - Provitamins and vitamins, natural or reproduced by synthesis (including natural concentrates), derivatives thereof used primarily as vitamins, and intermixtures of the foregoing, w hether or not in any solvent

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023