Uzbekistan: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Uzbekistan

The Uzbek ethylene polymer rigid pipes market soared to $X in 2021, growing by 210% 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). Over the period under review, consumption posted a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from Uzbekistan

In 2021, shipments abroad of rigid tubes, pipes and hoses of polymers of ethylene increased by 396% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, ethylene polymer rigid pipes exports soared to $X in 2021. In general, exports, however, recorded a abrupt setback. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Kyrgyzstan (X tons) was the main destination for ethylene polymer rigid pipes exports from Uzbekistan, accounting for a 72% share of total exports. Moreover, ethylene polymer rigid pipes exports to Kyrgyzstan exceeded the volume sent to the second major destination, Tajikistan (X tons), threefold.

From 2017 to 2021, the average annual rate of growth in terms of volume to Kyrgyzstan stood at -22.2%.

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for rigid tubes, pipes and hoses of polymers of ethylene exports from Uzbekistan, comprising 73% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 27% share of total exports.

From 2017 to 2021, the average annual rate of growth in terms of value to Kyrgyzstan totaled -14.7%.

Export Prices by Country

The average ethylene polymer rigid pipes export price stood at $X per ton in 2021, growing by 15% against the previous year. Overall, export price indicated a prominent increase from 2017 to 2021: its price increased at an average annual rate of +8.8% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ethylene polymer rigid pipes export price decreased by -13.4% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 35%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Tajikistan stood at $X per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+9.6%).

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into Uzbekistan

In 2021, the amount of rigid tubes, pipes and hoses of polymers of ethylene imported into Uzbekistan soared to X tons, picking up by 80% against the year before. Overall, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ethylene polymer rigid pipes imports soared to $X in 2021. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of ethylene polymer rigid pipes to Uzbekistan, accounting for a 83% share of total imports. Moreover, ethylene polymer rigid pipes imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold. Azerbaijan (X tons) ranked third in terms of total imports with a 3.4% share.

From 2017 to 2021, the average annual growth rate of volume from Turkey stood at +115.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+27.8% per year) and Azerbaijan (+13.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of ethylene to Uzbekistan, comprising 85% of total imports. The second position in the ranking was held by Russia ($X), with a 5.2% share of total imports. It was followed by Azerbaijan, with a 1.6% share.

From 2017 to 2021, the average annual growth rate of value from Turkey amounted to +133.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+29.0% per year) and Azerbaijan (+6.5% per year).

Import Prices by Country

In 2021, the average ethylene polymer rigid pipes import price amounted to $X per ton, picking up by 83% against the previous year. Over the period under review, import price indicated a remarkable increase from 2017 to 2021: its price increased at an average annual rate of +15.9% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained 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 Turkey ($X per ton), while the price for Azerbaijan ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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