Uzbekistan: Wooden Frame Market 2024

Wooden Frame Market Size in Uzbekistan

The Uzbek wooden frame market reduced slightly to $X in 2022, waning by -4.9% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +9.0% against 2020 indices. Wooden frame consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Wooden Frame Production in Uzbekistan

In value terms, wooden frame production reduced to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 31%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Wooden Frame Exports

Exports from Uzbekistan

In 2022, exports of wooden frames for paintings, photographs, mirrors or similar objects from Uzbekistan soared to X units, growing by 1,457% on the previous year. Overall, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden frame exports surged to $X in 2022. In general, exports, however, showed a abrupt shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X units) was the main destination for wooden frame exports from Uzbekistan, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kyrgyzstan amounted to +6.0%.

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for wooden frames for paintings, photographs, mirrors or similar objects exports from Uzbekistan.

From 2012 to 2022, the average annual rate of growth in terms of value to Kyrgyzstan amounted to -4.3%.

Export Prices by Country

In 2022, the average wooden frame export price amounted to $X per unit, which is down by -47.7% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 42% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to -9.7% per year.

Wooden Frame Imports

Imports into Uzbekistan

In 2022, approx. X units of wooden frames for paintings, photographs, mirrors or similar objects were imported into Uzbekistan; rising by 447% compared with 2021. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden frame imports skyrocketed to $X in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of wooden frame to Uzbekistan, with a 78% share of total imports. Moreover, wooden frame imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Turkey (X units), fivefold. The third position in this ranking was held by Russia (X units), with a 3.1% share.

From 2017 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +437.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+111.7% per year) and Russia (+276.2% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of wooden frames for paintings, photographs, mirrors or similar objects to Uzbekistan, comprising 75% of total imports. The second position in the ranking was held by Turkey ($X), with a 16% share of total imports. It was followed by Serbia, with a 4.8% share.

From 2017 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled +370.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+77.8% per year) and Serbia (0.0% per year).

Import Prices by Country

In 2022, the average wooden frame import price amounted to $X per unit, shrinking by -13.1% against the previous year. In general, the import price saw a noticeable downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 8.3% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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