Report Update Nov 1, 2024

Uzbekistan - Sulphuric Acid and Oleum - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Sulphuric Acid Market 2024

Sulphuric Acid Market Size in Uzbekistan

In 2022, the Uzbek sulphuric acid market increased by 67% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption showed slight growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Sulphuric Acid Production in Uzbekistan

In value terms, sulphuric acid production declined to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 2.9%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Sulphuric Acid Exports

Exports from Uzbekistan

In 2022, overseas shipments of sulphuric acid and oleum decreased by -94.2% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 80% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sulphuric acid exports reduced markedly to $X in 2022. Overall, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. As a result, the exports attained the peak of $X, and then contracted significantly in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for sulphuric acid exports from Uzbekistan, with a 79% share of total exports. Moreover, sulphuric acid exports to Kazakhstan exceeded the volume sent to the second major destination, Tajikistan (X tons), fourfold.

From 2017 to 2022, the average annual rate of growth in terms of volume to Kazakhstan totaled -35.3%.

In value terms, Kazakhstan ($X) remains the key foreign market for sulphuric acid and oleum exports from Uzbekistan, comprising 79% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 21% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Kazakhstan amounted to -33.5%.

Export Prices by Country

In 2022, the average sulphuric acid export price amounted to $X per ton, growing by 42% against the previous year. In general, the export price enjoyed moderate growth. The growth pace was the most rapid in 2021 an increase of 92% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably 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 Tajikistan totaled $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+2.9%).

Sulphuric Acid Imports

Imports into Uzbekistan

Sulphuric acid imports into Uzbekistan reduced markedly to X tons in 2022, which is down by -99.1% compared with the year before. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 19,419% against the previous year. As a result, imports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, sulphuric acid imports skyrocketed to $X in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 819%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X kg), France (X kg) and Germany (X kg) were the main suppliers of sulphuric acid imports to Uzbekistan, with a combined 94% share of total imports.

From 2017 to 2022, the biggest increases were recorded for Russia (with a CAGR of +90.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), France ($X) and Germany ($X) constituted the largest sulphuric acid suppliers to Uzbekistan, with a combined 90% share of total imports.

In terms of the main suppliers, Russia, with a CAGR of +24.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sulphuric acid import price stood at $X per ton in 2022, picking up by 14,402% against the previous year. Overall, the import price, however, saw a dramatic downturn. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by France (+93.2%), 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 sulphuric acid and oleum in the world?

China constituted the country with the largest volume of sulphuric acid consumption, comprising approx. 25% of total volume. Moreover, sulphuric acid consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Russia, with a 9.3% share.

What are the largest producers of sulphuric acid and oleum in the world?

The country with the largest volume of sulphuric acid production was China, accounting for 27% of total volume. Moreover, sulphuric acid production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The United States ranked third in terms of total production with a 9.9% share.

What are the leading suppliers of sulphuric acid and oleum to Uzbekistan?

In value terms, the Czech Republic constituted the largest supplier of sulphuric acid to Uzbekistan, comprising 67% of total imports. The second position in the ranking was occupied by Russia, with a 21% share of total imports. It was followed by India, with a 9.5% share.

What are the leading importers of sulphuric acid and oleum from Uzbekistan?

In value terms, Kazakhstan remains the key foreign market for sulphuric acid exports from Uzbekistan.

What is the average export price for sulphuric acid and oleum in Uzbekistan?

In 2021, the average sulphuric acid export price amounted to $121 per ton, jumping by 95% against the previous year.

What is the average import price for sulphuric acid and oleum in Uzbekistan?

In 2021, the average sulphuric acid import price amounted to $123 per ton, waning by -2.3% against the previous year.

This report provides an in-depth analysis of the sulphuric acid 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 20132434 - Sulphuric acid, oleum

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

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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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