Uzbekistan: Aluminium And Titanium Market 2024

Aluminium And Titanium Market Size in Uzbekistan

The Uzbek aluminium and titanium market soared to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Aluminium And Titanium Exports

Exports from Uzbekistan

In 2022, approx. X tons of aluminium and titanium were exported from Uzbekistan; reducing by X% against 2021. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell in the following year.

In value terms, aluminium and titanium exports shrank rapidly to $X in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined dramatically in the following year.

Exports by Country

China (X tons) was the main destination for aluminium and titanium exports from Uzbekistan, with a X% share of total exports. Moreover, aluminium and titanium exports to China exceeded the volume sent to the second major destination, Lithuania (X tons), threefold. The third position in this ranking was taken by Japan (X tons), with a X% share.

From 2017 to 2022, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Japan (X% per year).

In value terms, China ($X) emerged as the key foreign market for aluminium and titanium exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Japan, with an X% share.

From 2017 to 2022, the average annual rate of growth in terms of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Japan (X% per year).

Export Prices by Country

The average aluminium and titanium export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price, however, showed a resilient increase. The growth pace was the most rapid in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then declined rapidly in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($X per ton) and Latvia ($X per ton), while the average price for exports to Georgia ($X per ton) and China ($X per ton) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium And Titanium Imports

Imports into Uzbekistan

In 2022, approx. X tons of aluminium and titanium were imported into Uzbekistan; with an increase of X% against 2021. In general, total imports indicated buoyant growth from 2017 to 2022: its volume increased at an average annual rate of X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, aluminium and titanium imports skyrocketed to $X in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Russia (X tons), Kazakhstan (X tons) and Tajikistan (X tons) were the main suppliers of aluminium and titanium imports to Uzbekistan, with a combined X% share of total imports. Azerbaijan and Kyrgyzstan lagged somewhat behind, together comprising a further X%.

From 2017 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium and titanium suppliers to Uzbekistan were Russia ($X), Kazakhstan ($X) and Tajikistan ($X), together accounting for X% of total imports. Azerbaijan and Kyrgyzstan lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Azerbaijan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium and titanium import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, import price indicated a resilient expansion from 2017 to 2022: its price increased at an average annual rate of X% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium and titanium import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 Russia ($X per ton), while the price for Kyrgyzstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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