Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uzbekistan - 2023

Contents:

1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uzbekistan (CIF) - 2022
2. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uzbekistan

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uzbekistan (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $4,011 per ton, picking up by 8.1% against the previous year. Over the period under review, import price indicated a moderate increase from 2017 to 2022: its price increased at an average annual rate of +3.3% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +72.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 59% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 ($7,334 per ton), while the price for Tajikistan ($990 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uzbekistan

In 2022, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms into Uzbekistan reached 625 tons, growing by 2.1% against 2021. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. As a result, imports attained the peak of 867 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms expanded remarkably to $2.5M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 40% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Uzbekistan in 2022:

1. Russia (449.0 tons)
2. China (92.8 tons)
3. Tajikistan (62.3 tons)
4. Germany (21.1 tons)

Source: IndexBox Market Intelligence Platform