Uzbekistan: Container Market 2024

Container Market Size in Uzbekistan

The Uzbek container market was estimated at $X in 2022, remaining constant against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.5% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Container Production in Uzbekistan

In value terms, container production reduced modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.2% 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 -4.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 73%. Container production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Container Exports

Exports from Uzbekistan

In 2022, exports of tanks, casks, drums, cans, boxes and similar containers from Uzbekistan soared to X units, with an increase of 383% against the year before. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 874% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, container exports surged to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 454% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Turkmenistan (X units), Tajikistan (X units) and Russia (X units) were the main destinations of container exports from Uzbekistan, with a combined 81% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tajikistan (with a CAGR of +208.8%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for tanks, casks, drums, cans, boxes and similar containers exports from Uzbekistan, comprising 71% of total exports. The second position in the ranking was taken by Tajikistan ($X), with a 16% share of total exports. It was followed by Kyrgyzstan, with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +36.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+218.1% per year) and Kyrgyzstan (+53.9% per year).

Export Prices by Country

The average container export price stood at $X per unit in 2022, which is down by -47.7% against the previous year. In general, the export price recorded a mild contraction. The pace of growth appeared the most rapid in 2019 an increase of 642%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then dropped significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Turkmenistan (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Container Imports

Imports into Uzbekistan

For the sixth year in a row, Uzbekistan recorded growth in supplies from abroad of tanks, casks, drums, cans, boxes and similar containers, which increased by 35% to X units in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 74%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, container imports surged to $X in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 104% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Russia (X units) constituted the largest supplier of container to Uzbekistan, accounting for a 70% share of total imports. Moreover, container imports from Russia exceeded the figures recorded by the second-largest supplier, Kazakhstan (X units), sevenfold. China (X units) ranked third in terms of total imports with a 6.7% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +37.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (+309.1% per year) and China (+36.4% per year).

In value terms, Russia ($X) constituted the largest supplier of tanks, casks, drums, cans, boxes and similar containers to Uzbekistan, comprising 72% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 9.1% share of total imports. It was followed by Kazakhstan, with a 7.7% share.

From 2017 to 2022, the average annual growth rate of value from Russia amounted to +62.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+5,732.4% per year) and Kazakhstan (+461.8% per year).

Import Prices by Country

The average container import price stood at $X per unit in 2022, increasing by 22% against the previous year. Overall, import price indicated a buoyant increase from 2017 to 2022: its price increased at an average annual rate of +14.6% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, container import price increased by +97.4% against 2017 indices. The growth pace was the most rapid in 2018 an increase of 35%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+70.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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