Uzbekistan: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Uzbekistan

In 2022, the Uzbek spirits and liqueurs market decreased by X% to $X, falling for the second year in a row after four years of growth. Overall, consumption showed a relatively flat trend pattern. Spirits and liqueurs consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Spirits And Liqueurs Production in Uzbekistan

In value terms, spirits and liqueurs production reached $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports from Uzbekistan

In 2022, the amount of spirits, liqueurs and other spirituous beverages exported from Uzbekistan soared to X litres, with an increase of X% against 2021 figures. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs exports soared to $X in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Kazakhstan (X litres) was the main destination for spirits and liqueurs exports from Uzbekistan, accounting for a X% share of total exports. Moreover, spirits and liqueurs exports to Kazakhstan exceeded the volume sent to the second major destination, Russia (X litres), twofold.

From 2017 to 2022, the average annual growth rate of volume to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Georgia (X.6% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Georgia (X% per year).

Export Prices by Country

The average spirits and liqueurs export price stood at $X per litre in 2022, falling by X% against the previous year. Overall, the export price faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per litre, and then dropped rapidly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per litre), while the average price for exports to Kazakhstan ($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 Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Spirits And Liqueurs Imports

Imports into Uzbekistan

Spirits and liqueurs imports into Uzbekistan skyrocketed to X litres in 2022, picking up by X% compared with the year before. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, spirits and liqueurs imports rose rapidly to $X in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Russia (X litres) constituted the largest supplier of spirits and liqueurs to Uzbekistan, accounting for a X% share of total imports. Moreover, spirits and liqueurs imports from Russia exceeded the figures recorded by the second-largest supplier, the UK (X litres), threefold. The United States (X litres) ranked third in terms of total imports with a X% share.

From 2017 to 2022, the average annual growth rate of volume from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X.6% per year) and the United States (X% per year).

In value terms, the largest spirits and liqueurs suppliers to Uzbekistan were the UK ($X), Russia ($X) and the United States ($X), together comprising X% of total imports.

The UK, with a CAGR of X.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average spirits and liqueurs import price amounted to $X per litre, shrinking by X% against the previous year. In general, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices reached the maximum at $X per litre in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 France ($X per litre), while the price for Russia ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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