Uzbekistan: Glass Fibre Mat Market 2022

Glass Fibre Mat Market Size in Uzbekistan

In 2021, after three years of growth, there was significant decline in the Uzbek glass fibre mat market, when its value decreased by -X% to $X. In general, consumption, however, enjoyed a significant increase. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Glass Fibre Mat Exports

Exports from Uzbekistan

Glass fibre mat exports from Uzbekistan skyrocketed to X tons in 2021, picking up by X% against the previous year's figure. In general, exports enjoyed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass fibre mat exports skyrocketed to $X in 2021. Overall, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Tajikistan (X tons) was the main destination for glass fibre mat exports from Uzbekistan, with a X% share of total exports. Moreover, glass fibre mat exports to Tajikistan exceeded the volume sent to the second major destination, Kazakhstan (X kg), more than tenfold.

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

In value terms, Tajikistan ($X) remains the key foreign market for glass fibre mat exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with less than X% share of total exports.

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

Export Prices by Country

The average glass fibre mat export price stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, glass fibre mat export price increased by +X% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Tajikistan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+X%).

Glass Fibre Mat Imports

Imports into Uzbekistan

After three years of growth, overseas purchases of glass fibre mats decreased by -X% to X tons in 2021. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of X tons, and then reduced sharply in the following year.

In value terms, glass fibre mat imports fell remarkably to $X in 2021. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports attained the peak of $X, and then declined dramatically in the following year.

Imports by Country

Russia (X tons), China (X tons) and Belarus (X tons) were the main suppliers of glass fibre mat imports to Uzbekistan, with a combined X% share of total imports. These countries were followed by the United Arab Emirates, which accounted for a further less than X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and the United Arab Emirates ($X) appeared to be the largest glass fibre mat suppliers to Uzbekistan, together accounting for X% of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 glass fibre mat import price stood at $X per ton in 2021, declining by -X% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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