Uzbekistan: Market for Polyolefins other than Polypropylene 2024

Market Size for Polyolefins other than Polypropylene in Uzbekistan

The Uzbek polyolefins other than polypropylene market amounted to $X in 2022, remaining relatively unchanged against the previous year. In general, consumption, however, recorded a pronounced decrease. Polyolefins other than polypropylene consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Polyolefins other than Polypropylene in Uzbekistan

In value terms, polyolefins other than polypropylene production reduced modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Polyolefins other than polypropylene production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Polyolefins other than Polypropylene

Exports from Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in overseas shipments of polyolefins other than polypropylene, which increased by X% to X tons in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, polyolefins other than polypropylene exports rose modestly to $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Kazakhstan (X tons), Tajikistan (X tons) and Russia (X tons) were the main destinations of polyolefins other than polypropylene exports from Uzbekistan, with a combined X% share of total exports.

From 2017 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for polyolefins other than polypropylene exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average polyolefins other than polypropylene export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 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 Russia ($X per ton), while the average price for exports to Kazakhstan ($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 Tajikistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyolefins other than Polypropylene

Imports into Uzbekistan

In 2022, purchases abroad of polyolefins other than polypropylene was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a slight decline. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, polyolefins other than polypropylene imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a slight reduction. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X tons) constituted the largest polyolefins other than polypropylene supplier to Uzbekistan, with a X% share of total imports. Moreover, polyolefins other than polypropylene imports from South Korea exceeded the figures recorded by the second-largest supplier, Turkmenistan (X tons), twofold. The third position in this ranking was held by China (X tons), with a X% share.

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

In value terms, South Korea ($X) constituted the largest supplier of polyolefins other than polypropylene to Uzbekistan, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2017 to 2022, the average annual growth rate of value from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average polyolefins other than polypropylene import price stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Turkmenistan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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