Uzbekistan - Wine - Market Analysis, Forecast, Size, Trends and Insights

Uzbekistan: Wine Market Overview 2019

Wine Market Size in Uzbekistan

The revenue of the wine market in Uzbekistan amounted to $X in 2018, rising by X% against the previous year. Over the period under review, wine consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the wine market attained its peak figure level at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Wine Production in Uzbekistan

In value terms, wine production stood at $X in 2018 estimated in export prices. Overall, wine production continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, wine production attained its maximum level in 2018 and is likely to see steady growth in the near future.

Wine Exports

Exports from Uzbekistan

In 2018, the wine exports from Uzbekistan totaled X tonnes, declining by -X% against the previous year. Overall, wine exports continue to indicate a mild decline. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, wine exports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, wine exports totaled $X in 2018. Overall, wine exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Russia (X tonnes) was the main destination for wine exports from Uzbekistan, accounting for a X% share of total exports. Moreover, wine exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X tonnes), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Russia was relatively modest.

In value terms, Russia ($X) remains the key foreign market for wine exports from Uzbekistan, comprising X% of total wine exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value to Russia was relatively modest.

Export Prices by Country

The average wine export price stood at $X per tonne in 2018, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the average export prices for wine attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for wine failed to regain its momentum.

Average prices varied somewhat for the major foreign markets. In 2018, the country with the highest price was Russia ($X per tonne), while the average price for exports to Kazakhstan stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Russia.

Wine Imports

Imports into Uzbekistan

In 2018, the amount of wine imported into Uzbekistan amounted to X tonnes, surging by X% against the previous year. In general, wine imports continue to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2009 when imports increased by X% y-o-y. Over the period under review, wine imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, wine imports stood at $X in 2018. Overall, wine imports continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, wine imports attained their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

Latvia (X tonnes), Moldova (X tonnes) and Denmark (X tonnes) were the main suppliers of wine imports to Uzbekistan, with a combined X% share of total imports. Georgia, France, Ukraine and Germany lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Ukraine (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of wine to Uzbekistan, comprising X% of total wine imports. The second position in the ranking was occupied by Latvia ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+X% per year) and Denmark (+X% per year).

Import Prices by Country

In 2018, the average wine import price amounted to $X per tonne, surging by X% against the previous year. Overall, the wine import price continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. In that year, the average import prices for wine reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for wine remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform