Uzbekistan: Man-Made Filament Yarn Market 2024

Man-Made Filament Yarn Market Size in Uzbekistan

The Uzbek man-made filament yarn market contracted notably to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a perceptible contraction. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Man-Made Filament Yarn Production in Uzbekistan

In value terms, man-made filament yarn production reduced markedly to $X in 2022 estimated in export price. In general, production showed a sharp decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Man-Made Filament Yarn Exports

Exports from Uzbekistan

In 2022, after two years of growth, there was significant decline in overseas shipments of man-made filament yarn, when their volume decreased by X% to X tons. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, man-made filament yarn exports shrank rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

Turkey (X tons) was the main destination for man-made filament yarn exports from Uzbekistan, with a X% share of total exports. Moreover, man-made filament yarn exports to Turkey exceeded the volume sent to the second major destination, Russia (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Kyrgyzstan (X% per year).

In value terms, Turkey ($X) remains the key foreign market for man-made filament yarn exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2022, the average man-made filament yarn export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) 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.

Man-Made Filament Yarn Imports

Imports into Uzbekistan

In 2022, purchases abroad of man-made filament yarn decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then declined notably in the following year.

In value terms, man-made filament yarn imports dropped to $X in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Turkey (X tons), China (X tons) and India (X tons) were the main suppliers of man-made filament yarn imports to Uzbekistan, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of man-made filament yarn to Uzbekistan, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

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

Import Prices by Country

The average man-made filament yarn import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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