Report Update: Apr 1, 2024

Uzbekistan - Zinc - Market Analysis, Forecast, Size, Trends And Insights

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Zinc Price in Uzbekistan - 2023

Zinc Price in Uzbekistan (FOB) - 2023

In May 2023, the average zinc export price amounted to $3,009 per ton, leveling off at the previous month. Overall, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in February 2023 an increase of 9% against the previous month. The export price peaked at $4,010 per ton in May 2022; however, from June 2022 to May 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In May 2023, the country with the highest price was Russia ($3,020 per ton), while the average price for exports to Turkey amounted to $2,978 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+16.6%), while the prices for the other major destinations experienced a decline.

Zinc Price in Uzbekistan (CIF) - 2022

In 2021, the average zinc import price amounted to $3,151 per ton, with a decrease of -2% against the previous year. In general, the import price, however, recorded a mild increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 9.5% against the previous year. As a result, import price reached the peak level of $3,282 per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Iran ($3,155 per ton) and Kyrgyzstan ($3,154 per ton), while the price for Bulgaria ($3,068 per ton) and Turkey ($3,154 per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.4%).

Zinc Exports in Uzbekistan

In 2022, shipments abroad of zinc was finally on the rise to reach 69K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a pronounced curtailment.

In value terms, zinc exports soared to $239M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.6% 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 +56.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 29%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Zinc in Uzbekistan (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Turkey	123	103	124	0.4%
Russia	18.5	13.8	45.3	56.5%
Ukraine	21.6	16.5	27.8	13.4%
Kazakhstan	24.2	7.9	0.2	-90.9%
India	6.0	1.5	N/A	-75.0%
Others	9.7	9.7	0.3	-82.4%
Total	203	152	197	-1.5%

Top Export Markets for Zinc from Uzbekistan in 2022:

Turkey (41.5K tons)
Russia (15.3K tons)
Ukraine (9.4K tons)
Kazakhstan (0.1K tons)

Zinc Imports in Uzbekistan

In 2022, after three years of growth, there was significant decline in supplies from abroad of zinc, when their volume decreased by -7.6% to 198 tons. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 322% against the previous year.

In value terms, zinc imports contracted modestly to $664K in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 313% against the previous year.

Import of Zinc in Uzbekistan (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
China	0.7	N/A	260	1827.2%
Turkey	9.6	9.5	219	377.6%
Kyrgyzstan	N/A	N/A	124	0%
Iran	N/A	N/A	49.0	0%
Bulgaria	N/A	N/A	22.5	0%
Russia	35.4	0.1	0.2	-92.5%
Others	-1.2	174	N/A	-14600.0%
Total	44.5	184	675	289.5%

Top Suppliers of Zinc to Uzbekistan in 2022:

Russia (undefined tons)
China (82.4 tons)
Turkey (69.4 tons)
Kyrgyzstan (39.4 tons)
Iran (15.5 tons)
Bulgaria (7.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc 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:

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023