Price for Mineral Substances Not Elsewhere Specified or Included in Uzbekistan - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Uzbekistan (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Uzbekistan (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Uzbekistan
- Exports of Mineral Substances Not Elsewhere Specified or Included in Uzbekistan
Price for Mineral Substances Not Elsewhere Specified or Included in Uzbekistan (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $281 per ton, waning by -31.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 77% against the previous year. As a result, import price reached the peak level of $409 per ton, and then contracted significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($973 per ton), while the price for Tajikistan ($33 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Uzbekistan (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $280 per ton in 2022, growing by 55% against the previous year. Overall, export price indicated buoyant growth from 2017 to 2022: its price increased at an average annual rate of +9.0% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($312 per ton), while the average price for exports to Ukraine ($143 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 Kazakhstan (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mineral Substances Not Elsewhere Specified or Included in Uzbekistan
In 2022, after two years of decline, there was significant growth in overseas purchases of mineral substances not elsewhere specified or includeds, when their volume increased by 74% to 23K tons. Over the period under review, imports, however, continue to indicate a pronounced decrease.
In value terms, imports of mineral substances not elsewhere specified or includeds soared to $6.3M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.1 | 3.6 | 4.6 | 4.6 | 3.9% |
| Italy | N/A | N/A | N/A | 0.8 | 0% |
| Kazakhstan | N/A | 0.4 | 0.2 | 0.3 | -13.4% |
| China | 0.9 | 0.1 | 0.1 | 0.2 | -39.4% |
| Georgia | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Tajikistan | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
| Total | 5.2 | 4.3 | 5.3 | 6.3 | 6.6% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Uzbekistan in 2022:
- Russia (17.7K tons)
- Kazakhstan (2.1K tons)
- Italy (1.0K tons)
- Georgia (0.5K tons)
- Tajikistan (0.5K tons)
- China (0.2K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Uzbekistan
In 2022, overseas shipments of mineral substances not elsewhere specified or includeds decreased by -17.6% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 4.6K tons, and then fell significantly in the following year.
In value terms, exports of mineral substances not elsewhere specified or includeds skyrocketed to $1.1M in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 47%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Mineral Substances Not Elsewhere Specified or Included in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 303 | 342 | 448 | 927 | 45.2% |
| Turkey | 41.5 | 47.8 | 55.8 | 52.5 | 8.2% |
| Latvia | N/A | N/A | 135 | 38.4 | -71.6% |
| Ukraine | 112 | 144 | 19.2 | 18.8 | -44.8% |
| Kazakhstan | 0.9 | 9.3 | 4.3 | 12.6 | 141.0% |
| Belarus | 35.9 | 18.3 | 8.8 | 0.5 | -75.9% |
| Others | 13.4 | 1.1 | 156 | 7.7 | -16.9% |
| Total | 506 | 562 | 827 | 1,058 | 27.9% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Uzbekistan in 2022:
- Russia (3134.0 tons)
- Turkey (286.0 tons)
- Ukraine (132.0 tons)
- Latvia (123.3 tons)
- Kazakhstan (78.0 tons)
- Belarus (2.6 tons)
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