Starches; Inulin Price in Uzbekistan - 2023
Contents:
- Starches; Inulin Price in Uzbekistan (CIF) - 2023
- Starches; Inulin Price in Uzbekistan (FOB) - 2022
- Starches; Inulin Imports in Uzbekistan
- Starches; Inulin Exports in Uzbekistan
Starches; Inulin Price in Uzbekistan (CIF) - 2023
The average starches; inulin import price stood at $548 per ton in May 2023, falling by -11.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in June 2022 an increase of 19% against the previous month. The import price peaked at $715 per ton in October 2022; however, from November 2022 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Poland ($745 per ton), while the price for Kazakhstan ($470 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Starches; Inulin Price in Uzbekistan (FOB) - 2022
The average starches; inulin export price stood at $447 per ton in 2022, dropping by -19.3% against the previous year. Over the period under review, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of 41% against the previous year. As a result, the export price reached the peak level of $828 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($517 per ton), while the average price for exports to Tajikistan ($427 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 Tajikistan (-7.4%).
Starches; Inulin Imports in Uzbekistan
In 2022, approx. 25K tons of starches; inulins were imported into Uzbekistan; jumping by 36% compared with 2021. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, starches; inulin imports soared to $14M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Starches; Inulin in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.3 | 1.9 | 3.0 | 5.2 | 31.2% |
| Kazakhstan | 1.4 | 1.5 | 3.2 | 4.3 | 45.4% |
| Poland | 2.4 | 2.4 | 2.6 | 3.6 | 14.5% |
| Denmark | N/A | N/A | N/A | 0.3 | 0% |
| Germany | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Others | 3.1 | 3.2 | 3.0 | 0.2 | -59.9% |
| Total | 9.3 | 9.1 | 11.9 | 13.9 | 14.3% |
Top Suppliers of Starches; Inulin to Uzbekistan in 2022:
- Kazakhstan (9.7K tons)
- Russia (9.6K tons)
- Poland (4.8K tons)
- Denmark (0.5K tons)
- Germany (0.4K tons)
Starches; Inulin Exports in Uzbekistan
In 2022, approx. 1.1K tons of starches; inulins were exported from Uzbekistan; rising by 131% compared with the year before. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, starches; inulin exports skyrocketed to $483K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Starches; Inulin in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | N/A | N/A | N/A | 276 | 0% |
| Turkmenistan | N/A | N/A | N/A | 113 | 0% |
| Tajikistan | 123 | 169 | 254 | 94.1 | -8.5% |
| Others | 5.0 | 5.2 | 5.0 | 0.1 | -72.9% |
| Total | 128 | 175 | 259 | 483 | 55.7% |
Top Export Markets for Starches; Inulin from Uzbekistan in 2022:
- Afghanistan (643.0 tons)
- Tajikistan (220.3 tons)
- Turkmenistan (219.0 tons)
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