Spices; Mixtures Price in Uzbekistan - 2023

Contents:

  1. Spices; Mixtures Price in Uzbekistan (CIF) - 2022
  2. Spices; Mixtures Price in Uzbekistan (FOB) - 2022
  3. Spices; Mixtures Imports in Uzbekistan
  4. Spices; Mixtures Exports in Uzbekistan

Spices; Mixtures Price in Uzbekistan (CIF) - 2022

The average spices; mixtures import price stood at $5,699 per ton in 2022, jumping by 42% against the previous year. Over the period under review, the import price recorded a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 188% against the previous year. As a result, import price attained the peak level of $11,980 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 Austria ($12,618 per ton), while the price for Russia ($2,686 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+50.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Spices; Mixtures Price in Uzbekistan (FOB) - 2022

In 2022, the average spices; mixtures export price amounted to $535 per ton, declining by -29.5% against the previous year. In general, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2020 an increase of 117%. As a result, the export price reached the peak level of $1,293 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($4,217 per ton), while the average price for exports to Kyrgyzstan ($227 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 Germany (+72.0%), while the prices for the other major destinations experienced more modest paces of growth.

Spices; Mixtures Imports in Uzbekistan

In 2022, the amount of spices; mixtureses imported into Uzbekistan fell to 3.5 tons, dropping by -5% on the previous year's figure. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,045% against the previous year. As a result, imports attained the peak of 3.7 tons, and then shrank in the following year.

In value terms, spices; mixtures imports surged to $20K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 284% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Spices; Mixtures in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/AN/A10.70%
TurkeyN/A0.37.05.3320.3%
India0.1N/A1.11.9166.8%
Austria0.80.1N/A1.420.5%
United Arab EmiratesN/AN/AN/A0.40%
Russia1.10.76.30.3-35.2%
Others2.22.70.70.3-48.5%
Total4.23.915.020.268.8%

Top Suppliers of Spices; Mixtures to Uzbekistan in 2022:

  1. Turkey (1647.0 kg)
  2. Vietnam (1294.0 kg)
  3. India (220.0 kg)
  4. United Arab Emirates (119.0 kg)
  5. Austria (115.0 kg)
  6. Russia (93.0 kg)

Spices; Mixtures Exports in Uzbekistan

In 2022, approx. 10 tons of spices; mixtureses were exported from Uzbekistan; waning by -36.1% against the year before. In general, exports recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year.

In value terms, spices; mixtures exports shrank remarkably to $5.5K in 2022. Over the period under review, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year.

Export of Spices; Mixtures in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TajikistanN/AN/AN/A3.20%
Kyrgyzstan3.30.11.70.8-37.6%
Russia11.0N/A0.20.5-64.3%
BelarusN/AN/AN/A0.40%
Kazakhstan1.10.1N/A0.1-55.0%
Germany4.54.8N/AN/A6.7%
Ukraine1.90.12.7N/A19.2%
Others4.54.97.70.4-55.4%
Total26.210.112.25.5-40.6%

Top Export Markets for Spices; Mixtures from Uzbekistan in 2022:

  1. Tajikistan (5.4 tons)
  2. Kyrgyzstan (3.4 tons)
  3. Belarus (1.0 tons)
  4. Kazakhstan (0.2 tons)
  5. Ukraine (0.1 tons)
  6. Russia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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