Uzbekistan: Metal Chain Market 2022

Metal Chain Market Size in Uzbekistan

In 2021, the Uzbek metal chain market increased by X% to $X, rising for the fourth consecutive year after four years of decline. Over the period under review, consumption, however, faced a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Metal Chain Exports

Exports from Uzbekistan

In 2021, the amount of iron or steel chain exported from Uzbekistan dropped dramatically to X tons, reducing by -X% on 2020. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then fell remarkably in the following year.

In value terms, metal chain exports reduced to $X in 2021. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Kyrgyzstan (X tons) was the main destination for metal chain exports from Uzbekistan, accounting for a approx. X% share of total exports.

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

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

Export Prices by Country

In 2021, the average metal chain export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price continues to indicate a prominent increase. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2012 to 2021, the rate of growth in terms of prices for Kyrgyzstan amounted to -X% per year.

Metal Chain Imports

Imports into Uzbekistan

In 2021, supplies from abroad of iron or steel chain increased by X% to X tons, rising for the fifth consecutive year after three years of decline. In general, imports, however, showed a deep contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth imports failed to regain momentum.

In value terms, metal chain imports stood at $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest metal chain supplier to Uzbekistan, with a X% share of total imports. Moreover, metal chain imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the United States (+X% per year).

In value terms, Russia ($X) constituted the largest supplier of metal chain to Uzbekistan, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the United States (+X% per year).

Import Prices by Country

The average metal chain import price stood at $X per ton in 2021, approximately mirroring the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform