Uzbekistan: Syringe Market 2024

Syringe Market Size in Uzbekistan

The Uzbek syringe market skyrocketed to $X in 2022, growing by 47% against the previous year. In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +46.7% against 2019 indices. Syringe consumption peaked in 2022 and is expected to retain growth in years to come.

Syringe Production in Uzbekistan

In value terms, syringe production totaled $X in 2022 estimated in export price. Overall, production posted a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 395% against the previous year. Syringe production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Syringe Exports

Exports from Uzbekistan

Syringe exports from Uzbekistan skyrocketed to X units in 2022, with an increase of 105% against 2021 figures. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,959%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, syringe exports skyrocketed to $X in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2018 with an increase of 1,675%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Kazakhstan (X units) was the main destination for syringe exports from Uzbekistan, accounting for a 94% share of total exports. It was followed by Armenia (X units), with a 3.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan stood at +81.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (-24.3% per year) and Kyrgyzstan (+34.7% per year).

In value terms, Kazakhstan ($X), Turkmenistan ($X) and Kyrgyzstan ($X) were the largest markets for syringe exported from Uzbekistan worldwide, with a combined 78% share of total exports.

Kazakhstan, with a CAGR of +55.7%, 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 2022, the average syringe export price amounted to $X per thousand units, standing approx. at the previous year. In general, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 15%. Over the period under review, the average export prices hit record highs at $X per thousand units in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+13.1%), while the prices for the other major destinations experienced a decline.

Syringe Imports

Imports into Uzbekistan

In 2022, imports of syringes, with or without needles into Uzbekistan soared to X units, with an increase of 144% against 2021 figures. Over the period under review, imports continue to indicate a noticeable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, syringe imports surged to $X in 2022. Overall, imports saw perceptible growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest syringe supplier to Uzbekistan, with a 82% share of total imports. Moreover, syringe imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+70.9% per year) and Turkey (+4.7% per year).

In value terms, China ($X), the United Arab Emirates ($X) and Turkey ($X) constituted the largest syringe suppliers to Uzbekistan, with a combined 60% share of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of +98.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average syringe import price stood at $X per thousand units in 2022, stabilizing at the previous year. In general, the import price recorded a mild decrease. The most prominent rate of growth was recorded in 2018 an increase of 24%. Over the period under review, average import prices reached the peak figure at $X per thousand units in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per thousand units), while the price for China ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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