Uzbekistan: Hat And Headgear Market 2024

Hat And Headgear Market Size in Uzbekistan

The Uzbek hat and headgear market soared to $X in 2022, picking up by X% against the previous year. In general, consumption, however, continues to indicate a slight curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hat And Headgear Production in Uzbekistan

In value terms, hat and headgear production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded a significant expansion. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Hat And Headgear Exports

Exports from Uzbekistan

In 2022, shipments abroad of hats and other headgear decreased by X% to X units, falling for the third year in a row after eight years of growth. In general, exports saw a perceptible slump. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, hat and headgear exports contracted remarkably to $X in 2022. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ukraine (X units) was the main destination for hat and headgear exports from Uzbekistan, accounting for a X% share of total exports. Moreover, hat and headgear exports to Ukraine exceeded the volume sent to the second major destination, Israel (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (X% per year) and the Netherlands (X.0% per year).

In value terms, Ukraine ($X), Israel ($X) and Tajikistan ($X) appeared to be the largest markets for hat and headgear exported from Uzbekistan worldwide, with a combined X% share of total exports.

Tajikistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hat and headgear export price amounted to $X per unit, declining by X% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hat And Headgear Imports

Imports into Uzbekistan

In 2022, after two years of decline, there was significant growth in supplies from abroad of hats and other headgear, when their volume increased by X% to X units. Overall, imports, however, saw a deep slump. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, hat and headgear imports skyrocketed to $X in 2022. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hat and headgear to Uzbekistan, accounting for a X% share of total imports. Moreover, hat and headgear imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. South Korea (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of hats and other headgear to Uzbekistan, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

Import Prices by Country

The average hat and headgear import price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

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 Italy ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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