Uzbekistan - Urea - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUrea Price in Uzbekistan - 2023
Contents:
- Urea Price in Uzbekistan (FOB) - 2022
- Urea Price in Uzbekistan (CIF) - 2022
- Urea Exports in Uzbekistan
- Urea Imports in Uzbekistan
Urea Price in Uzbekistan (FOB) - 2022
The average urea export price stood at $623 per ton in 2022, picking up by 47% against the previous year. Over the period under review, the export price saw buoyant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 49%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Bulgaria ($855 per ton), while the average price for exports to Kazakhstan ($240 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 (+90.0%), while the prices for the other major destinations experienced more modest paces of growth.
Urea Price in Uzbekistan (CIF) - 2022
The average urea import price stood at $638 per ton in 2022, jumping by 59% against the previous year. Overall, the import price showed buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($808 per ton), while the price for Lithuania ($385 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+19.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Urea Exports in Uzbekistan
In 2022, approx. 274K tons of urea were exported from Uzbekistan; dropping by -20.3% on 2021. Over the period under review, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 128%. As a result, the exports attained the peak of 344K tons, and then reduced notably in the following year.
In value terms, urea exports soared to $171M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 239% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Urea in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tajikistan | 16.8 | 26.1 | 15.5 | 31.4 | 23.2% |
| Bulgaria | N/A | N/A | 6.6 | 30.7 | 365.2% |
| Greece | N/A | N/A | 10.8 | 22.1 | 104.6% |
| Latvia | N/A | N/A | N/A | 11.8 | 0% |
| Poland | N/A | N/A | 2.4 | 11.5 | 379.2% |
| Germany | N/A | N/A | 1.3 | 11.2 | 761.5% |
| Afghanistan | N/A | N/A | N/A | 8.0 | 0% |
| Switzerland | N/A | N/A | N/A | 7.3 | 0% |
| Lithuania | N/A | N/A | 2.2 | 6.2 | 181.8% |
| Austria | N/A | N/A | 0.8 | 5.3 | 562.5% |
| Turkey | 1.0 | 0.4 | 6.4 | 4.2 | 61.3% |
| Kyrgyzstan | 21.7 | 7.0 | 11.7 | 3.3 | -46.6% |
| Kazakhstan | 5.6 | 8.4 | 8.4 | 2.1 | -27.9% |
| Others | 5.6 | 1.1 | 79.6 | 15.7 | 41.0% |
| Total | 50.7 | 43.0 | 146 | 171 | 50.0% |
Top Export Markets for Urea from Uzbekistan in 2022:
- Tajikistan (75.0K tons)
- Bulgaria (35.9K tons)
- Poland (26.7K tons)
- Greece (25.8K tons)
- Kyrgyzstan (13.9K tons)
- Latvia (13.8K tons)
- Germany (13.1K tons)
- Turkey (9.8K tons)
- Afghanistan (9.3K tons)
- Kazakhstan (8.7K tons)
- Switzerland (8.6K tons)
- Lithuania (7.3K tons)
- Austria (6.2K tons)
Urea Imports in Uzbekistan
In 2022, supplies from abroad of urea decreased by -95.8% to 130 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. As a result, imports reached the peak of 60K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, urea imports declined remarkably to $83K in 2022. Over the period under review, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by 46%. As a result, imports attained the peak of $16M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Urea in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.4 | 11.0 | 1.0 | N/A | -15.5% |
| Kazakhstan | N/A | 2.2 | N/A | N/A | 0% |
| Lithuania | 0.2 | 1.0 | 0.1 | N/A | -29.3% |
| Turkmenistan | N/A | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Belarus | N/A | N/A | N/A | N/A | 0% |
| Kyrgyzstan | 8.9 | N/A | N/A | N/A | 0% |
| Turkey | N/A | 0.1 | N/A | N/A | 0% |
| Ukraine | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 1.5 | 0.1 | N/A | -42.3% |
| Total | 10.8 | 15.7 | 1.2 | 0.1 | -79.0% |
Top Suppliers of Urea to Uzbekistan in 2022:
- Lithuania (52.3 tons)
- Ukraine (18.6 tons)
- Belarus (18.0 tons)
- Italy (15.9 tons)
- Turkey (13.7 tons)
- Russia (5.6 tons)
- Turkmenistan (2.4 tons)
This report provides an in-depth analysis of the urea 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:
- FCL 4001 - Urea
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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