Report Update Nov 1, 2024

Uzbekistan - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Mineral Wool Market 2024

Mineral Wool Market Size in Uzbekistan

The Uzbek mineral wool market expanded remarkably to $X in 2021, rising by 13% 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 enjoyed a significant expansion. Mineral wool consumption peaked in 2021 and is expected to retain growth in the near future.

Mineral Wool Exports

Exports from Uzbekistan

In 2021, approx. X tons of slag wool, rock wool and similar mineral wools and mixtures were exported from Uzbekistan; dropping by -7.9% against the year before. Overall, exports recorded a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 32%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, mineral wool exports totaled $X in 2021. Over the period under review, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 39%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Tajikistan (X tons) was the main destination for mineral wool exports from Uzbekistan, accounting for a 85% share of total exports. Moreover, mineral wool exports to Tajikistan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), sixfold.

From 2017 to 2021, the average annual rate of growth in terms of volume to Tajikistan amounted to -57.8%.

In value terms, Tajikistan ($X) remains the key foreign market for slag wool, rock wool and similar mineral wools and mixtures exports from Uzbekistan, comprising 81% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 19% share of total exports.

From 2017 to 2021, the average annual growth rate of value to Tajikistan totaled -56.9%.

Export Prices by Country

The average mineral wool export price stood at $X per ton in 2021, jumping by 23% against the previous year. Over the period from 2017 to 2021, it increased at an average annual rate of +3.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external 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 totaled $X per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+14.8%).

Mineral Wool Imports

Imports into Uzbekistan

In 2021, supplies from abroad of slag wool, rock wool and similar mineral wools and mixtures decreased by less than 0.1% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 297%. Imports peaked at X tons in 2020, and then fell slightly in the following year.

In value terms, mineral wool imports expanded rapidly to $X in 2021. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 286%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest mineral wool supplier to Uzbekistan, accounting for a 83% share of total imports. Moreover, mineral wool imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold.

From 2017 to 2021, the average annual rate of growth in terms of volume from Russia stood at +126.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+585.6% per year) and China (-13.3% per year).

In value terms, Russia ($X) constituted the largest supplier of slag wool, rock wool and similar mineral wools and mixtures to Uzbekistan, comprising 74% of total imports. The second position in the ranking was taken by Turkey ($X), with a 15% share of total imports.

From 2017 to 2021, the average annual rate of growth in terms of value from Russia amounted to +99.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+478.7% per year) and China (-5.2% per year).

Import Prices by Country

In 2021, the average mineral wool import price amounted to $X per ton, increasing by 13% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Russia ($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 (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for slag wool, rock wool and similar mineral wools and mixtures in the world?

The countries with the highest volumes of mineral wool consumption in 2020 were China, the United States and India, together comprising 55% of global consumption.

What are the largest producers of slag wool, rock wool and similar mineral wools and mixtures in the world?

The countries with the highest volumes of mineral wool production in 2020 were China, the United States and India, with a combined 55% share of global production. These countries were followed by Japan, Russia, Mexico, South Korea, Germany, Spain and Thailand, which together accounted for a further 24%.

What are the leading suppliers of slag wool, rock wool and similar mineral wools and mixtures to Uzbekistan?

In value terms, Russia, Kazakhstan and China constituted the largest mineral wool suppliers to Uzbekistan, together accounting for 95% of total imports.

What is the average export price for slag wool, rock wool and similar mineral wools and mixtures in Uzbekistan?

In 2020, the average mineral wool export price amounted to $618 per ton, waning by -59.9% against the previous year.

What is the average import price for slag wool, rock wool and similar mineral wools and mixtures in Uzbekistan?

The average mineral wool import price stood at $683 per ton in 2020, declining by -15.9% against the previous year.

This report provides an in-depth analysis of the mineral wool 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 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls

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
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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