Uzbekistan: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in Uzbekistan

The Uzbek medicaments containing vitamins market amounted to $X in 2022, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a prominent increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Medicaments Containing Vitamins Exports

Exports from Uzbekistan

In 2022, the amount of medicaments containing vitamins and provitamins exported from Uzbekistan skyrocketed to X tons, jumping by X% compared with the year before. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, medicaments containing vitamins exports soared to $X in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Kyrgyzstan (X tons) was the main destination for medicaments containing vitamins exports from Uzbekistan, with a X% share of total exports. Moreover, medicaments containing vitamins exports to Kyrgyzstan exceeded the volume sent to the second major destination, Lithuania (X tons), threefold. The third position in this ranking was held by Turkmenistan (X tons), with a X% share.

From 2017 to 2022, the average annual growth rate of volume to Kyrgyzstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Turkmenistan (X% per year).

In value terms, the largest markets for medicaments containing vitamins exported from Uzbekistan were Slovakia ($X), Kyrgyzstan ($X) and Lithuania ($X), with a combined X% share of total exports.

Kyrgyzstan, with a CAGR of X%, saw the highest growth rate of 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

The average medicaments containing vitamins export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price saw a significant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

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

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

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Medicaments Containing Vitamins Imports

Imports into Uzbekistan

In 2022, the amount of medicaments containing vitamins and provitamins imported into Uzbekistan skyrocketed to X tons, with an increase of X% compared with 2021 figures. Overall, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing vitamins imports rose to $X in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Russia (X tons), Slovenia (X tons) and India (X tons) were the main suppliers of medicaments containing vitamins imports to Uzbekistan, together accounting for X% of total imports. Lithuania, China, Turkey, Poland, Ukraine and Latvia lagged somewhat behind, together comprising a further X%.

From 2017 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments containing vitamins suppliers to Uzbekistan were Russia ($X), Turkey ($X) and India ($X), with a combined X% share of total imports. Slovenia, Lithuania, Poland, Latvia, China and Ukraine lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medicaments containing vitamins import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price recorded a mild reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then reduced remarkably in the following year.

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

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

Source: IndexBox Platform

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