Uzbekistan: Non-Alloy Aluminium Bar Market 2024

Non-Alloy Aluminium Bar Market Size in Uzbekistan

The Uzbek non-alloy aluminium bar market skyrocketed to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption continues to indicate prominent growth. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Non-Alloy Aluminium Bar Production in Uzbekistan

In value terms, non-alloy aluminium bar production amounted to $X in 2023 estimated in export price. Over the period under review, production, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Non-alloy aluminium bar production peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

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Non-Alloy Aluminium Bar Exports

Exports from Uzbekistan

In 2023, shipments abroad of non-alloy aluminium bars, rods and profiles was finally on the rise to reach X kg for the first time since 2020, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp downturn. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, non-alloy aluminium bar exports soared to $X in 2023. In general, exports, however, saw a dramatic slump. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X kg) was the main destination for non-alloy aluminium bar exports from Uzbekistan, accounting for a X% share of total exports. Moreover, non-alloy aluminium bar exports to Canada exceeded the volume sent to the second major destination, Turkey (X kg), eightfold.

From 2017 to 2023, the average annual growth rate of volume to Canada was relatively modest.

In value terms, Canada ($X) emerged as the key foreign market for non-alloy aluminium bars, rods and profiles exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

From 2017 to 2023, the average annual rate of growth in terms of value to Canada was relatively modest.

Export Prices by Country

In 2023, the average non-alloy aluminium bar export price amounted to $X per ton, growing by X% against the previous year. In general, the export price enjoyed a significant expansion. Over the period under review, the average export prices hit record highs at $X per ton in 2021; afterwards, it flattened through to 2023.

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

From 2017 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced a decline.

Non-Alloy Aluminium Bar Imports

Imports into Uzbekistan

In 2023, after three years of decline, there was significant growth in overseas purchases of non-alloy aluminium bars, rods and profiles, when their volume increased by X% to X tons. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, non-alloy aluminium bar imports skyrocketed to $X in 2023. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Tajikistan (X tons) constituted the largest supplier of non-alloy aluminium bar to Uzbekistan, with a X% share of total imports. Moreover, non-alloy aluminium bar imports from Tajikistan exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The United Arab Emirates (X tons) ranked third in terms of total imports with an X% share.

From 2017 to 2023, the average annual growth rate of volume from Tajikistan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

In value terms, Tajikistan ($X) constituted the largest supplier of non-alloy aluminium bars, rods and profiles to Uzbekistan, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2017 to 2023, the average annual rate of growth in terms of value from Tajikistan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

Import Prices by Country

The average non-alloy aluminium bar import price stood at $X per ton in 2023, dropping by X% against the previous year. Overall, import price indicated tangible growth from 2017 to 2023: its price increased at an average annual rate of X% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2022, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Tajikistan ($X per ton) was amongst the lowest.

From 2017 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform