Uzbekistan - Vermouth - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVermouth Price in Uzbekistan - 2023
Contents:
- Vermouth Price in Uzbekistan (FOB) - 2022
- Vermouth Price in Uzbekistan (CIF) - 2022
- Vermouth Exports in Uzbekistan
- Vermouth Imports in Uzbekistan
Vermouth Price in Uzbekistan (FOB) - 2022
In 2022, the average vermouth export price amounted to $1.2 per litre, increasing by 4.4% against the previous year. Over the last three-year period, it increased at an average annual rate of +12.0%. The pace of growth was the most pronounced in 2021 when the average export price increased by 23% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2019 to 2022, the rate of growth in terms of prices for Russia amounted to +11.9% per year.
Vermouth Price in Uzbekistan (CIF) - 2022
The average vermouth import price stood at $4.6 per litre in 2022, rising by 31% against the previous year. Overall, import price indicated buoyant growth from 2017 to 2022: its price increased at an average annual rate of +15.1% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vermouth import price increased by +102.1% against 2017 indices. The growth pace was the most rapid in 2020 an increase of 57%. Over the period under review, average import prices attained the maximum 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 Italy ($5.1 per litre), while the price for Latvia totaled $3.1 per litre.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Vermouth Exports in Uzbekistan
Vermouth exports from Uzbekistan dropped to 38K litres in 2022, shrinking by -3.7% on the year before. In general, exports recorded a deep downturn. The smallest decline of less than 0.1% was in 2020. The exports peaked at 48K litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, vermouth exports stood at $46K in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 9.3% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Vermouth in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 41.4 | 22.7 | 45.6 | 45.8 | 3.4% |
| China | N/A | 22.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 41.4 | 45.3 | 45.6 | 45.8 | 3.4% |
Top Export Markets for Vermouth from Uzbekistan in 2022:
- Russia (38.2K litres)
Vermouth Imports in Uzbekistan
Vermouth imports into Uzbekistan expanded notably to 12K litres in 2022, growing by 11% against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 182% against the previous year. Over the period under review, imports attained the maximum at 12K litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, vermouth imports skyrocketed to $54K in 2022. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 121%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Vermouth in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.8 | 5.0 | 10.9 | 44.2 | 60.0% |
| Latvia | 7.6 | 2.3 | 3.4 | 10.1 | 9.9% |
| Germany | 0.1 | 2.0 | 5.7 | N/A | 655.0% |
| Israel | 1.3 | N/A | N/A | N/A | 0% |
| Others | 14.4 | 7.6 | 17.3 | N/A | 9.6% |
| Total | 34.3 | 16.9 | 37.3 | 54.3 | 16.5% |
Top Suppliers of Vermouth to Uzbekistan in 2022:
- Italy (8.6K litres)
- Latvia (3.3K litres)
This report provides an in-depth analysis of the vermouth 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:
- Prodcom 11041000 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances (excluding alcohol duty)
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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This report provides an in-depth analysis of the vermouth market in Uzbekistan.
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