Uzbekistan: Plastic Support Market 2024

Plastic Support Market Size in Uzbekistan

The Uzbek plastic support market amounted to $X in 2022, increasing by 5.4% against the previous year. Over the period under review, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +61.8% against 2014 indices. Plastic support consumption peaked in 2022 and is likely to see gradual growth in years to come.

Plastic Support Production in Uzbekistan

In value terms, plastic support production expanded to $X in 2022 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 31% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Plastic Support Exports

Exports from Uzbekistan

For the fourth consecutive year, Uzbekistan recorded growth in shipments abroad of spools, cops and similar supports of plastics, which increased by 79% to X tons in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 501% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, plastic support exports surged to $X in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 410%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkmenistan (X tons) was the main destination for plastic support exports from Uzbekistan, with a 74% share of total exports. Moreover, plastic support exports to Turkmenistan exceeded the volume sent to the second major destination, Kazakhstan (X tons), fourfold. The third position in this ranking was taken by Tajikistan (X tons), with a 3.2% share.

From 2017 to 2022, the average annual rate of growth in terms of volume to Turkmenistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+100.5% per year) and Tajikistan (+19.5% per year).

In value terms, Turkmenistan ($X) emerged as the key foreign market for spools, cops and similar supports of plastics exports from Uzbekistan, comprising 75% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 20% share of total exports. It was followed by Tajikistan, with a 1.1% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Turkmenistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+105.4% per year) and Tajikistan (+3.0% per year).

Export Prices by Country

In 2022, the average plastic support export price amounted to $X per ton, increasing by 14% against the previous year. Over the last five years, it increased at an average annual rate of +4.5%. The growth pace was the most rapid in 2020 an increase of 53% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Kyrgyzstan ($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 Kazakhstan (+2.5%), while the prices for the other major destinations experienced a decline.

Plastic Support Imports

Imports into Uzbekistan

In 2022, overseas purchases of spools, cops and similar supports of plastics were finally on the rise to reach X tons after two years of decline. Over the period under review, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic support imports soared to $X in 2022. Overall, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Kazakhstan (X tons) constituted the largest plastic support supplier to Uzbekistan, accounting for a 64% share of total imports. Moreover, plastic support imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. Russia (X tons) ranked third in terms of total imports with an 11% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Kazakhstan amounted to +29.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+16.0% per year) and Russia (+5.6% per year).

In value terms, Kazakhstan ($X) constituted the largest supplier of spools, cops and similar supports of plastics to Uzbekistan, comprising 51% of total imports. The second position in the ranking was taken by Turkey ($X), with a 15% share of total imports. It was followed by Russia, with a 13% share.

From 2017 to 2022, the average annual growth rate of value from Kazakhstan totaled +35.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+16.2% per year) and Russia (+10.0% per year).

Import Prices by Country

In 2022, the average plastic support import price amounted to $X per ton, which is down by -21.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belarus ($X per ton), while the price for Turkmenistan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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