Report Update Feb 1, 2025

Uzbekistan - Silver, Unwrought or in Powder Form - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Unwrought Silver Market 2025

Unwrought Silver Market Size in Uzbekistan

The Uzbek unwrought silver market soared to $X in 2021, increasing by 1,293% against the previous year. Overall, consumption saw significant growth. Unwrought silver consumption peaked in 2021 and is likely to continue growth in the near future.

Unwrought Silver Production in Uzbekistan

In value terms, unwrought silver production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt contraction. The growth pace was the most rapid in 2016 when the production volume increased by 20%. Unwrought silver production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Unwrought Silver Exports

Exports from Uzbekistan

In 2021, the amount of silver, unwrought or in powder form exported from Uzbekistan soared to X tons, rising by 20% against the previous year. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 850% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, unwrought silver exports skyrocketed to $X in 2021. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 948%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), the UK (X tons) and the United States (X tons) were the main destinations of unwrought silver exports from Uzbekistan, with a combined 56% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +53.1%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), India ($X) and the United States ($X) constituted the largest markets for unwrought silver exported from Uzbekistan worldwide, together accounting for 52% of total exports.

The UK, with a CAGR of +44.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average unwrought silver export price amounted to $X per ton, surging by 30% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 72%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.0%), while the prices for the other major destinations experienced a decline.

Unwrought Silver Imports

Imports into Uzbekistan

In 2021, approx. X tons of silver, unwrought or in powder form were imported into Uzbekistan; surging by 35% compared with 2020. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 5,972,100%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, unwrought silver imports soared to $X in 2021. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2018 when imports increased by 349,188,713%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Kazakhstan (X tons) was the main supplier of unwrought silver to Uzbekistan, with a approx. 100% share of total imports.

From 2017 to 2021, the average annual rate of growth in terms of volume from Kazakhstan totaled -6.1%.

In value terms, Kazakhstan ($X) constituted the largest supplier of silver, unwrought or in powder form to Uzbekistan.

From 2017 to 2021, the average annual growth rate of value from Kazakhstan stood at +4,668.1%.

Import Prices by Country

In 2021, the average unwrought silver import price amounted to $X per ton, jumping by 53% against the previous year. Overall, the import price enjoyed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2018 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +21.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silver, unwrought or in powder form in the world?

The countries with the highest volumes of unwrought silver consumption in 2021 were India, the United States and Mexico, with a combined 36% share of global consumption. Peru, the UK, China, Germany, Australia, Argentina, Bolivia, Guatemala, Canada and Taiwan Chinese) lagged somewhat behind, together accounting for a further 45%.

What are the largest producers of silver, unwrought or in powder form in the world?

The countries with the highest volumes of unwrought silver production in 2021 were Mexico, Peru and China, with a combined 36% share of global production. Japan, South Korea, Hong Kong SAR, Germany, the UK, Poland, Argentina, Chile, Russia and Bolivia lagged somewhat behind, together accounting for a further 41%.

What are the leading suppliers of silver, unwrought or in powder form to Uzbekistan?

In value terms, Turkey constituted the largest supplier of unwrought silver to Uzbekistan.

What are the leading importers of silver, unwrought or in powder form from Uzbekistan?

In value terms, the largest markets for unwrought silver exported from Uzbekistan were the UK, the United States and Switzerland, together comprising 100% of total exports.

What is the average export price for silver, unwrought or in powder form in Uzbekistan?

The average unwrought silver export price stood at $858,005 per ton in 2021, jumping by 324% against the previous year.

What is the average import price for silver, unwrought or in powder form in Uzbekistan?

The average unwrought silver import price stood at $775,085 per ton in 2021, with an increase of 42% against the previous year.

This report provides an in-depth analysis of the unwrought silver 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 24411030 - Silver, unwrought or in powder form (including plated with gold or platinum)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024