Uzbekistan: Plastic Box Market 2024

Plastic Box Market Size in Uzbekistan

The Uzbek plastic box market soared to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a prominent expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Plastic Box Production in Uzbekistan

In value terms, plastic box production declined slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Plastic box production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Plastic Box Exports

Exports from Uzbekistan

In 2022, overseas shipments of plastic boxes, cases, crates and similar packing articles decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then dropped dramatically in the following year.

In value terms, plastic box exports shrank markedly to $X in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then fell sharply in the following year.

Exports by Country

Tajikistan (X tons) was the main destination for plastic box exports from Uzbekistan, accounting for a X% share of total exports. Moreover, plastic box exports to Tajikistan exceeded the volume sent to the second major destination, Kazakhstan (X tons), threefold.

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

In value terms, Tajikistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X) constituted the largest markets for plastic box exported from Uzbekistan worldwide, together accounting for X% of total exports.

Tajikistan, 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 mixed trend patterns.

Export Prices by Country

The average plastic box export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the last five-year period, it increased at an average annual rate of X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Kyrgyzstan ($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 Kazakhstan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Box Imports

Imports into Uzbekistan

In 2022, the amount of plastic boxes, cases, crates and similar packing articles imported into Uzbekistan skyrocketed to X tons, with an increase of X% against 2021 figures. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic box imports stood at $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of plastic box to Uzbekistan, with a X% share of total imports. Moreover, plastic box imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Belarus (X tons) ranked third in terms of total imports with a X% share.

From 2017 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belarus (X% per year).

In value terms, Russia ($X) constituted the largest supplier of plastic boxes, cases, crates and similar packing articles to Uzbekistan, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2017 to 2022, the average annual growth rate of value from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

Import Prices by Country

The average plastic box import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price, however, recorded a pronounced increase. The growth pace was 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 fell significantly in the following year.

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

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

Source: IndexBox Platform

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