Uzbekistan: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in Uzbekistan

The Uzbek non-reinforced rubber tubing market surged to $X in 2021, with an increase of 24% 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 continues to indicate a significant increase. Non-reinforced rubber tubing consumption peaked in 2021 and is expected to retain growth in the immediate term.

Non-Reinforced Rubber Tubing Exports

Exports from Uzbekistan

Non-reinforced rubber tubing exports from Uzbekistan surged to X tons in 2021, growing by 4,655% on 2020 figures. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-reinforced rubber tubing exports soared to $X in 2021. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Tajikistan (X tons) was the main destination for non-reinforced rubber tubing exports from Uzbekistan, with a 70% share of total exports. Moreover, non-reinforced rubber tubing exports to Tajikistan exceeded the volume sent to the second major destination, Japan (X kg), sixfold. The third position in this ranking was taken by Kazakhstan (X kg), with an 11% share.

From 2017 to 2021, the average annual rate of growth in terms of volume to Tajikistan totaled +29,646.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (0.0% per year) and Kazakhstan (+231.1% per year).

In value terms, Tajikistan ($X) emerged as the key foreign market for rubber tubing not reinforced exports from Uzbekistan, comprising 56% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 24% share of total exports. It was followed by Japan, with a 9.8% share.

From 2017 to 2021, the average annual growth rate of value to Tajikistan amounted to +19,551.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+243.6% per year) and Japan (0.0% per year).

Export Prices by Country

The average non-reinforced rubber tubing export price stood at $X per ton in 2021, declining by -32.4% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 an increase of 82% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Reinforced Rubber Tubing Imports

Imports into Uzbekistan

In 2021, the amount of rubber tubing not reinforced imported into Uzbekistan surged to X tons, picking up by 88% against the previous year. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 118%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, non-reinforced rubber tubing imports skyrocketed to $X in 2021. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2018 with an increase of 194% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, South Korea (X tons) constituted the largest supplier of non-reinforced rubber tubing to Uzbekistan, accounting for a 60% share of total imports. Moreover, non-reinforced rubber tubing imports from South Korea exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The third position in this ranking was taken by China (X tons), with an 11% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from South Korea totaled +94.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+91.2% per year) and China (+9.9% per year).

In value terms, South Korea ($X) constituted the largest supplier of rubber tubing not reinforced to Uzbekistan, comprising 84% of total imports. The second position in the ranking was held by Turkey ($X), with a 6.4% share of total imports. It was followed by Russia, with a 4.3% share.

From 2017 to 2021, the average annual growth rate of value from South Korea amounted to +94.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+65.5% per year) and Russia (+124.9% per year).

Import Prices by Country

In 2021, the average non-reinforced rubber tubing import price amounted to $X per ton, which is down by -33.6% against the previous year. Over the period under review, the import price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2018 an increase of 63% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted remarkably in the following year.

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 South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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