Report Update: May 1, 2024

Uzbekistan - Sacks And Bags Of Cotton - Market Analysis, Forecast, Size, Trends And Insights

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Cotton Bag Price in Uzbekistan - 2023

Cotton Bag Price in Uzbekistan (FOB) - 2022

In 2022, the average cotton bag export price amounted to $2,346 per ton, surging by 13% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 30% against the previous year. The export price peaked at $2,428 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Kazakhstan ($4,899 per ton), while the average price for exports to Russia amounted to $2,231 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+47.8%), while the prices for the other major destinations experienced mixed trend patterns.

Cotton Bag Price in Uzbekistan (CIF) - 2022

In 2022, the average cotton bag import price amounted to $23,243 per ton, picking up by 88% against the previous year. Overall, the import price posted significant growth. The growth pace was the most rapid in 2018 when the average import price increased by 960%. As a result, import price reached the peak level of $59,612 per ton. From 2019 to 2022, the average 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 Germany ($25,741 per ton), while the price for Austria ($1,045 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+37.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Cotton Bag Exports in Uzbekistan

In 2022, approx. 25 tons of sacks and bags of cotton were exported from Uzbekistan; jumping by 16% against the previous year's figure. Overall, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 17%. As a result, the exports reached the peak of 38 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cotton bag exports soared to $58K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern.

Export of Cotton Bag in Uzbekistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	49.0	60.7	40.2	52.8	2.5%
Kazakhstan	10.5	0.5	N/A	5.2	-20.9%
Others	0.1	0.1	3.8	N/A	516.4%
Total	59.6	61.2	43.9	58.0	-0.9%

Top Export Markets for Cotton Bag from Uzbekistan in 2022:

Russia (23.6 tons)
Kazakhstan (1.1 tons)

Cotton Bag Imports in Uzbekistan

In 2022, supplies from abroad of sacks and bags of cotton decreased by -12.5% to 77 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a precipitous curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 5.4%. As a result, imports reached the peak of 392 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cotton bag imports skyrocketed to $1.8K in 2022. In general, imports continue to indicate a precipitous curtailment.

Import of Cotton Bag in Uzbekistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	0.5	N/A	N/A	1.7	50.4%
Germany	N/A	N/A	N/A	0.1	0%
Austria	N/A	N/A	N/A	N/A	0%
France	N/A	4.5	0.2	N/A	-95.6%
Poland	N/A	N/A	N/A	N/A	0%
Estonia	N/A	1.6	N/A	N/A	0%
Italy	3.2	N/A	N/A	N/A	0%
Turkey	0.3	N/A	0.6	N/A	41.4%
Others	0.1	N/A	0.3	N/A	73.2%
Total	4.1	6.1	1.1	1.8	-24.0%

Top Suppliers of Cotton Bag to Uzbekistan in 2022:

China (65.0 kg)
Austria (7.0 kg)
Germany (5.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton bag market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13922130 - Sacks and bags, of cotton, used for packing goods

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023