Uzbekistan - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJewelry Price in Uzbekistan - 2023
Contents:
- Jewelry Price in Uzbekistan (FOB) - 2022
- Jewelry Price in Uzbekistan (CIF) - 2022
- Jewelry Exports in Uzbekistan
- Jewelry Imports in Uzbekistan
Jewelry Price in Uzbekistan (FOB) - 2022
The average jewelry export price stood at $39,407,275 per ton in 2022, reducing by -50% against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2020 an increase of 41% against the previous year. The export price peaked at $78,771,810 per ton in 2021, and then fell notably 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 the United Arab Emirates ($48,623,800 per ton), while the average price for exports to Canada ($2,737,000 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.7%), while the prices for the other major destinations experienced a decline.
Jewelry Price in Uzbekistan (CIF) - 2022
In 2022, the average jewelry import price amounted to $3,270,166 per ton, which is down by -55.9% against the previous year. In general, the import price, however, saw a significant increase. The pace of growth appeared the most rapid in 2019 an increase of 615%. Over the period under review, average import prices attained the peak figure at $7,731,760 per ton in 2020; however, from 2021 to 2022, 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 Russia ($21,460,250 per ton), while the price for China ($454,748 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+751.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Jewelry Exports in Uzbekistan
In 2022, the amount of jewelry exported from Uzbekistan declined remarkably to 40 kg, which is down by -52.4% compared with 2021 figures. Over the period under review, exports faced a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 115%. As a result, the exports attained the peak of 84 kg, and then reduced rapidly in the following year.
In value terms, jewelry exports shrank significantly to $1.6M in 2022. Overall, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 145%. As a result, the exports attained the peak of $6.6M, and then dropped markedly in the following year.
| Export of Jewelry in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 4.8 | 0.7 | -85.4% |
| United Arab Emirates | 3.2 | 2.6 | 1.5 | 0.5 | -46.1% |
| Turkey | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
| Israel | N/A | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | 0.1 | N/A | -42.3% |
| Total | 3.5 | 2.7 | 6.6 | 1.6 | -23.0% |
Top Export Markets for Jewelry from Uzbekistan in 2022:
- United States (19.0 kg)
- United Arab Emirates (10.0 kg)
- Turkey (7.0 kg)
- Hong Kong SAR (2.0 kg)
- Canada (1.0 kg)
- Israel (1.0 kg)
Jewelry Imports in Uzbekistan
In 2022, approx. 379 kg of jewelry were imported into Uzbekistan; with an increase of 108% compared with 2021 figures. Overall, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, jewelry imports fell to $1.2M in 2022. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, imports reached the peak of $1.4M, and then reduced in the following year.
| Import of Jewelry in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.8 | N/A | 9.6 | 384 | 683.0% |
| Italy | 5.5 | 39.0 | 81.8 | 210 | 236.7% |
| Russia | 1.0 | 3.6 | 8.8 | 172 | 456.1% |
| Germany | 68.0 | 40.6 | 62.5 | 128 | 23.5% |
| Turkey | 0.2 | 10.6 | 159 | 112 | 724.3% |
| Thailand | 1.0 | 0.7 | N/A | 94.4 | 355.3% |
| China | 4.8 | 1.9 | N/A | 61.4 | 133.9% |
| Hong Kong SAR | 8.1 | 1.4 | 18.1 | N/A | 49.5% |
| Latvia | 5.8 | 0.8 | N/A | N/A | -86.2% |
| United Arab Emirates | 591 | 418 | 456 | N/A | -12.2% |
| Others | 90.7 | 226 | 554 | 78.5 | -4.7% |
| Total | 776 | 742 | 1,351 | 1,239 | 16.9% |
Top Suppliers of Jewelry to Uzbekistan in 2022:
- China (135.0 kg)
- India (131.0 kg)
- Germany (25.0 kg)
- Italy (24.0 kg)
- Turkey (21.0 kg)
- Thailand (12.0 kg)
- Russia (8.0 kg)
This report provides an in-depth analysis of the jewelry 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 32121330 - Articles of jewellery and parts thereof of precious metal (including plated, clad)
- Prodcom 32121351 - Articles of goldsmiths
- Prodcom 32121353 - Articles of goldsmiths
- Prodcom 32121355 - Articles of goldsmiths
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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