Uzbekistan: Cotton Lint Market 2024

Cotton Lint Market Size in Uzbekistan

In 2022, the Uzbek cotton lint market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Cotton Lint Production in Uzbekistan

In value terms, cotton lint production reduced modestly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible descent. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average cotton lint yield in Uzbekistan rose significantly to X tons per ha, increasing by X% against the previous year. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average cotton lint yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cotton lint harvested area in Uzbekistan rose slightly to X ha in 2022, surging by X% on the previous year. Overall, the harvested area, however, continues to indicate a pronounced downturn. The cotton lint harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

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Cotton Lint Exports

Exports from Uzbekistan

For the third consecutive year, Uzbekistan recorded decline in overseas shipments of cotton lint, which decreased by X% to X tons in 2022. Overall, exports showed a dramatic descent. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, cotton lint exports fell significantly to $X in 2022. In general, exports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Iran (X tons) was the main destination for cotton lint exports from Uzbekistan, with a X% share of total exports. Moreover, cotton lint exports to Iran exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold.

From 2017 to 2022, the average annual growth rate of volume to Iran stood at X%.

In value terms, Iran ($X) remains the key foreign market for cotton lint exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Iran stood at X%.

Export Prices by Country

The average cotton lint export price stood at $X per ton in 2022, growing by X% against the previous year. Over the last five-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Russia amounted to $X per ton.

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

Cotton Lint Imports

Imports into Uzbekistan

In 2022, the amount of cotton lint imported into Uzbekistan skyrocketed to X tons, surging by X% compared with the previous year. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, cotton lint imports soared to $X in 2022. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Tajikistan (X tons) constituted the largest cotton lint supplier to Uzbekistan, accounting for a X% share of total imports. Moreover, cotton lint imports from Tajikistan exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tons), eightfold. Afghanistan (X tons) ranked third in terms of total imports with a X% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Tajikistan totaled X.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Afghanistan (X% per year).

In value terms, Tajikistan ($X) constituted the largest supplier of cotton lint to Uzbekistan, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Afghanistan, with a X% share.

From 2017 to 2022, the average annual rate of growth in terms of value from Tajikistan totaled X.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Afghanistan (X% per year).

Import Prices by Country

The average cotton lint import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price recorded significant growth. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Kyrgyzstan ($X per ton) and Tajikistan ($X per ton), while the price for Afghanistan ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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