Uzbekistan: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Uzbekistan

The Uzbek market for self-adhesive plastic tape in rolls of a width under 20cm surged to $X in 2022, with an increase of 22% 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). In general, consumption showed a significant increase. Consumption of peaked in 2022 and is likely to see steady growth in years to come.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Uzbekistan

In 2022, shipments abroad of self-adhesive plastic tape in rolls of a width under 20cm decreased by -14.5% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2019 when exports increased by 1,070% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm stood at $X in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 1,064% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kyrgyzstan (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from Uzbekistan, accounting for a 72% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to Kyrgyzstan exceeded the volume sent to the second major destination, Tajikistan (X tons), fivefold.

From 2017 to 2022, the average annual rate of growth in terms of volume to Kyrgyzstan totaled +60.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+16.9% per year) and Kazakhstan (+84.7% per year).

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for self-adhesive plastic tape in rolls of a width under 20cm exports from Uzbekistan, comprising 68% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 17% share of total exports.

From 2017 to 2022, the average annual growth rate of value to Kyrgyzstan totaled +73.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+87.7% per year) and Tajikistan (+30.8% per year).

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, growing by 34% against the previous year. Overall, export price indicated a resilient increase from 2017 to 2022: its price increased at an average annual rate of +11.7% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for self-adhesive plastic tape in rolls of a width under 20cm increased by +80.5% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Uzbekistan

In 2022, imports of self-adhesive plastic tape in rolls of a width under 20cm into Uzbekistan skyrocketed to X tons, growing by 65% on the year before. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm surged to $X in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2019 when imports increased by 39% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest self-adhesive plastic tape in rolls of a width under 20cm supplier to Uzbekistan, accounting for a 71% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The third position in this ranking was taken by Russia (X tons), with a 5.5% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from China amounted to +33.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+79.0% per year) and Russia (+22.6% per year).

In value terms, Turkey ($X), China ($X) and Russia ($X) constituted the largest self-adhesive plastic tape in rolls of a width under 20cm suppliers to Uzbekistan, together accounting for 75% of total imports.

Turkey, with a CAGR of +76.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, declining by -27.8% against the previous year. Overall, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2021 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 2022, the most notable rate of growth in terms of prices was attained by Russia (+23.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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