Uzbekistan: Nitrogenous Fertilizer Market 2022

Nitrogenous Fertilizer Market Size in Uzbekistan

In 2021, the Uzbek nitrogenous fertilizer market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a noticeable setback. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Nitrogenous Fertilizer Production in Uzbekistan

In value terms, nitrogenous fertilizer production totaled $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Nitrogenous fertilizer production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Nitrogenous Fertilizer Exports

Exports from Uzbekistan

In 2021, overseas shipments of nitrogenous fertilizers (mineral or chemical) increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports recorded mild growth. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, nitrogenous fertilizer exports surged to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Ukraine (X tons), Turkmenistan (X tons) and Kazakhstan (X tons) were the main destinations of nitrogenous fertilizer exports from Uzbekistan, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkmenistan (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nitrogenous fertilizer exported from Uzbekistan were Ukraine ($X), Turkmenistan ($X) and Kazakhstan ($X), with a combined X% share of total exports.

Turkmenistan, with a CAGR of +X%, saw the highest growth rate of the value of exports, among 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 2021, the average nitrogenous fertilizer export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the countries with the highest prices were Turkey ($X per ton) and Switzerland ($X per ton), while the average price for exports to Turkmenistan ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrogenous Fertilizer Imports

Imports into Uzbekistan

In 2021, nitrogenous fertilizer imports into Uzbekistan expanded to X tons, surging by X% compared with the previous year. Over the period under review, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, nitrogenous fertilizer imports fell modestly to $X in 2021. In general, imports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), Turkmenistan (X tons) and Norway (X tons) were the main suppliers of nitrogenous fertilizer imports to Uzbekistan, together comprising X% of total imports. These countries were followed by Russia, Israel and the Netherlands, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest nitrogenous fertilizer suppliers to Uzbekistan were Turkmenistan ($X), Turkey ($X) and Russia ($X), together comprising X% of total imports. Norway, Israel and the Netherlands lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

In 2021, the average nitrogenous fertilizer import price amounted to $X per ton, with a decrease of -X% against the previous year. In general, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2016 when the average import price decreased by -X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Turkmenistan ($X per ton) and Russia ($X per ton), while the price for Turkey ($X per ton) and Israel ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform