Uzbekistan: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2023

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in Uzbekistan

In 2021, the Uzbek market for blankets and travelling rugs of synthetic fibres was finally on the rise to reach $X after two years of decline. Overall, consumption recorded a resilient expansion. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in Uzbekistan

In value terms, travelling rugs of synthetic fibre production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2017 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2019 when the production volume increased by 8.7% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from Uzbekistan

In 2021, shipments abroad of blankets and travelling rugs of synthetic fibres decreased by -26% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 31,855% against the previous year. The exports peaked at X units in 2020, and then shrank significantly in the following year.

In value terms, travelling rugs of synthetic fibre exports reduced to $X in 2021. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 1,794%. Over the period under review, the exports attained the peak figure at $X in 2020, and then contracted in the following year.

Exports by Country

Tajikistan (X units) and Kyrgyzstan (X units) were the main destinations of travelling rugs of synthetic fibre exports from Uzbekistan.

From 2017 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kyrgyzstan (with a CAGR of +486.9%).

In value terms, Tajikistan ($X) emerged as the key foreign market for travelling rugs of synthetic fibre exports from Uzbekistan, comprising 70% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 27% share of total exports.

From 2017 to 2021, the average annual growth rate of value to Tajikistan stood at +251.3%.

Export Prices by Country

The average export price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2021, with an increase of 19% against the previous year. Overall, the export price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 1,609% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Tajikistan ($X per unit), while the average price for exports to Kyrgyzstan totaled $X per unit.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+20.0%), while the prices for the other major destinations experienced a decline.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into Uzbekistan

In 2021, the amount of blankets and travelling rugs of synthetic fibres imported into Uzbekistan rose sharply to X units, picking up by 13% on the previous year. In general, imports showed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 187%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre imports surged to $X in 2021. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 216% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Pakistan (X units) and Turkey (X units) were the main suppliers of travelling rugs of synthetic fibre imports to Uzbekistan, together comprising 94% of total imports.

From 2017 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +601.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest travelling rugs of synthetic fibre suppliers to Uzbekistan were Pakistan ($X), China ($X) and Turkey ($X), with a combined 94% share of total imports.

Turkey, with a CAGR of +594.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, growing by 14% against the previous year. Over the last four years, it increased at an average annual rate of +3.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Pakistan ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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