Uzbekistan: Rolled Bitumen Articles Market 2022

Rolled Bitumen Articles Market Size in Uzbekistan

In 2021, the Uzbek rolled bitumen articles market increased by 20% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption posted a significant increase. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in the near future.

Rolled Bitumen Articles Exports

Exports from Uzbekistan

In 2021, shipments abroad of articles of bitumen in rolls decreased by -65.4% to X square meters, falling for the second consecutive year after eight years of growth. Overall, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 108%. Over the period under review, the exports hit record highs at X square meters in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, rolled bitumen articles exports declined dramatically to $X in 2021. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 140%. Over the period under review, the exports hit record highs at $X in 2020, and then contracted markedly in the following year.

Exports by Country

Tajikistan (X square meters) was the main destination for rolled bitumen articles exports from Uzbekistan, with a 99% share of total exports. It was followed by Kyrgyzstan (X square meters), with a 1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tajikistan amounted to +15.9%.

In value terms, Tajikistan ($X) remains the key foreign market for rolled bitumen articles exports from Uzbekistan, comprising 99% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tajikistan stood at +25.1%.

Export Prices by Country

The average rolled bitumen articles export price stood at $X per square meter in 2021, with an increase of 7.3% against the previous year. In general, the export price saw a buoyant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Kyrgyzstan ($X per square meter), while the average price for exports to Tajikistan amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Rolled Bitumen Articles Imports

Imports into Uzbekistan

In 2021, purchases abroad of articles of bitumen in rolls increased by 16% to X square meters, rising for the fifth year in a row after two years of decline. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 124% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, rolled bitumen articles imports surged to $X in 2021. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2018 when imports increased by 161%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

Russia (X square meters), Turkmenistan (X square meters) and Kazakhstan (X square meters) were the main suppliers of rolled bitumen articles imports to Uzbekistan, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were in Turkmenistan (with a CAGR of +160.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rolled bitumen articles suppliers to Uzbekistan were Russia ($X), Turkmenistan ($X) and Kazakhstan ($X), together accounting for 95% of total imports.

Among the main suppliers, Turkmenistan, with a CAGR of +181.4%, 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

The average rolled bitumen articles import price stood at $X per square meter in 2021, remaining constant against the previous year. Overall, the import price, however, showed a slight downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the maximum at $X per square meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Russia ($X per square meter) and China ($X per square meter), while the price for Turkmenistan ($X per square meter) and Turkey ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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