Report Update Nov 1, 2024

Uzbekistan - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Silicone Market 2024

Silicone Market Size in Uzbekistan

The Uzbek silicone market skyrocketed to $X in 2021, increasing by 28% 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). Overall, consumption continues to indicate buoyant growth. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2021.

Silicone Exports

Exports from Uzbekistan

Silicone exports from Uzbekistan skyrocketed to X tons in 2021, with an increase of 22,750% against 2020 figures. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicone exports skyrocketed to $X in 2021. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons) was the main destination for silicone exports from Uzbekistan, accounting for a 89% share of total exports. Moreover, silicone exports to Turkey exceeded the volume sent to the second major destination, Kyrgyzstan (X kg), ninefold.

From 2018 to 2021, the average annual growth rate of volume to Turkey stood at +298.6%.

In value terms, Turkey ($X) remains the key foreign market for silicones (in primary forms) exports from Uzbekistan, comprising 78% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 22% share of total exports.

From 2018 to 2021, the average annual rate of growth in terms of value to Turkey stood at +131.0%.

Export Prices by Country

In 2021, the average silicone export price amounted to $X per ton, reducing by -35.6% against the previous year. Overall, the export price recorded a abrupt shrinkage. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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 Turkey amounted to $X per ton.

From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (-24.8%).

Silicone Imports

Imports into Uzbekistan

In 2021, approx. X tons of silicones (in primary forms) were imported into Uzbekistan; picking up by 12% against 2020. Over the period under review, total imports indicated prominent growth from 2017 to 2021: its volume increased at an average annual rate of +11.1% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 42%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, silicone imports soared to $X in 2021. Overall, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 49%. As a result, imports reached the peak of $X; afterwards, it flattened through to 2021.

Imports by Country

China (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of silicone imports to Uzbekistan, together accounting for 89% of total imports.

From 2017 to 2021, the biggest increases were recorded for Germany (with a CAGR of +92.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest silicone suppliers to Uzbekistan were China ($X), Turkey ($X) and Germany ($X), with a combined 82% share of total imports.

Germany, with a CAGR of +95.4%, recorded the highest growth rate of the value of imports, among 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 silicone import price stood at $X per ton in 2021, increasing by 14% against the previous year. Over the period from 2017 to 2021, it increased at an average annual rate of +7.8%. 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 Latvia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+9.9%), 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 silicones (in primary forms) in the world?

The countries with the highest volumes of in 2021 were Germany, China and the United States, together comprising 36% of global consumption. South Korea, India, Japan, Turkey, the UK, Indonesia, Brazil, Mexico, Belgium and Italy lagged somewhat behind, together comprising a further 39%.

What are the largest producers of silicones (in primary forms) in the world?

The countries with the highest volumes of in 2021 were China, Germany and the United States, with a combined 51% share of global production. These countries were followed by Japan, South Korea, India, the UK, Turkey, Indonesia, Thailand, Brazil, Mexico and Ecuador, which together accounted for a further 38%.

What are the leading suppliers of silicones (in primary forms) to Uzbekistan?

In value terms, the largest silicone suppliers to Uzbekistan were China, Turkey and Russia, with a combined 91% share of total imports.

What is the average export price for silicones (in primary forms) in Uzbekistan?

The average silicone export price stood at $4,067 per ton in 2021, increasing by 243% against the previous year.

What is the average import price for silicones (in primary forms) in Uzbekistan?

The average silicone import price stood at $4,280 per ton in 2021, increasing by 22% against the previous year.

This report provides an in-depth analysis of the silicone 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 20165700 - Silicones, in primary forms

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