Uzbekistan: Veterinary Medicine Vaccines Market 2024

Veterinary Medicine Vaccines Market Size in Uzbekistan

In 2021, the Uzbek veterinary medicine vaccines market decreased by -5.6% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption enjoyed a strong increase. Veterinary medicine vaccines consumption peaked at $X in 2020, and then declined in the following year.

Veterinary Medicine Vaccines Production in Uzbekistan

In value terms, veterinary medicine vaccines production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by 70%. Veterinary medicine vaccines production peaked at $X in 2020, and then contracted in the following year.

Veterinary Medicine Vaccines Exports

Exports from Uzbekistan

Veterinary medicine vaccines exports from Uzbekistan totaled X kg in 2021, approximately mirroring the previous year. Over the period under review, exports saw a moderate expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 35%. As a result, the exports reached the peak of X kg. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, veterinary medicine vaccines exports totaled $X in 2021. In general, exports recorded a pronounced expansion. The growth pace was the most rapid in 2013 with an increase of 5.5% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Ukraine (X kg) was the main destination for veterinary medicine vaccines exports from Uzbekistan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Ukraine was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine was relatively modest.

Export Prices by Country

In 2021, the average veterinary medicine vaccines export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price decreased by -21.9%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Ukraine.

From 2012 to 2021, the rate of growth in terms of prices for Ukraine amounted to 0.0% per year.

Veterinary Medicine Vaccines Imports

Imports into Uzbekistan

In 2021, purchases abroad of vaccines for veterinary medicine was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a buoyant expansion from 2017 to 2021: its volume increased at an average annual rate of +13.3% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 86% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, veterinary medicine vaccines imports expanded notably to $X in 2021. In general, total imports indicated a significant expansion from 2017 to 2021: its value increased at an average annual rate of +22.8% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +127.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 89% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Russia (X tons) constituted the largest veterinary medicine vaccines supplier to Uzbekistan, with a 62% share of total imports. Moreover, veterinary medicine vaccines imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X tons), sevenfold. The third position in this ranking was taken by the Czech Republic (X tons), with a 3.4% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from Russia amounted to +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+66.3% per year) and the Czech Republic (+29.4% per year).

In value terms, Russia ($X) constituted the largest supplier of vaccines for veterinary medicine to Uzbekistan, comprising 32% of total imports. The second position in the ranking was taken by Belarus ($X), with a 14% share of total imports. It was followed by the Czech Republic, with a 4.9% share.

From 2017 to 2021, the average annual growth rate of value from Russia totaled +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+65.8% per year) and the Czech Republic (+25.3% per year).

Import Prices by Country

In 2021, the average veterinary medicine vaccines import price amounted to $X per ton, waning by -11.2% against the previous year. Overall, import price indicated a remarkable increase from 2017 to 2021: its price increased at an average annual rate of +8.5% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, veterinary medicine vaccines import price increased by +38.4% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of 32% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belarus ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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