Uzbekistan: Sugary Soft Drink Market 2024

Sugary Soft Drink Market Size in Uzbekistan

The Uzbek sugary soft drink market soared to $X in 2022, increasing by 32% against the previous year. Over the period under review, consumption, however, recorded significant growth. Sugary soft drink consumption peaked in 2022 and is expected to retain growth in the immediate term.

Sugary Soft Drink Production in Uzbekistan

In value terms, sugary soft drink production amounted to $X in 2022 estimated in export price. Overall, production, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 42%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Sugary Soft Drink Exports

Exports from Uzbekistan

In 2022, the amount of sugary soft drinks exported from Uzbekistan surged to X litres, rising by 823% on the year before. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sugary soft drink exports surged to $X in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X litres) was the main destination for sugary soft drink exports from Uzbekistan, accounting for a 66% share of total exports. Moreover, sugary soft drink exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X litres), fourfold. The third position in this ranking was taken by Kazakhstan (X litres), with a 12% share.

From 2017 to 2022, the average annual growth rate of volume to Russia stood at +2,623.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+21.3% per year) and Kazakhstan (+27.3% per year).

In value terms, Russia ($X) emerged as the key foreign market for sugary soft drinks exports from Uzbekistan, comprising 80% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 10% share of total exports. It was followed by Kazakhstan, with a 6.6% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Russia totaled +2,394.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+17.8% per year) and Kazakhstan (+34.6% per year).

Export Prices by Country

In 2022, the average sugary soft drink export price amounted to $X per litre, surging by 36% against the previous year. Over the period under review, export price indicated a strong expansion from 2017 to 2022: its price increased at an average annual rate of +11.6% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugary soft drink export price increased by +73.1% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per litre), while the average price for exports to Kazakhstan ($X per litre) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Sugary Soft Drink Imports

Imports into Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in supplies from abroad of sugary soft drinks, which increased by 121% to X litres in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 2,065% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sugary soft drink imports skyrocketed to $X in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 1,901%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Russia (X litres) constituted the largest supplier of sugary soft drink to Uzbekistan, with a 67% share of total imports. Moreover, sugary soft drink imports from Russia exceeded the figures recorded by the second-largest supplier, Kazakhstan (X litres), threefold. Georgia (X litres) ranked third in terms of total imports with a 1.9% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Russia totaled +58.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (+437.5% per year) and Georgia (+106.8% per year).

In value terms, Russia ($X) constituted the largest supplier of sugary soft drinks to Uzbekistan, comprising 79% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 9.7% share of total imports. It was followed by Austria, with a 5.9% share.

From 2017 to 2022, the average annual rate of growth in terms of value from Russia amounted to +60.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (+426.2% per year) and Austria (+19,733.5% per year).

Import Prices by Country

In 2022, the average sugary soft drink import price amounted to $X per litre, with a decrease of -28.9% against the previous year. In general, the import price recorded a slight reduction. The growth pace was the most rapid in 2021 an increase of 55%. As a result, import price reached the peak level of $X per litre, and then reduced dramatically in the following year.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+70.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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