Uzbekistan: Woolen Fabric Market 2022

Woolen Fabric Market Size in Uzbekistan

The Uzbek woolen fabric market reduced rapidly to $X in 2020, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a temperate expansion. The growth pace was the most rapid in 2012 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2013 to 2020, the growth of the market remained at a somewhat lower figure.

Woolen Fabric Exports

Exports from Uzbekistan

In 2020, shipments abroad of woven woolen fabrics increased by X% to X square meters, rising for the third year in a row after two years of decline. Overall, exports saw moderate growth. Over the period under review, exports reached the peak figure at X square meters in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, woolen fabric exports soared to $X in 2020. Over the period under review, exports continue to indicate a remarkable increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X square meters) was the main destination for woolen fabric exports from Uzbekistan, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Russia was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Russia was relatively modest.

Export Prices by Country

The average woolen fabric export price stood at $X per square meter in 2020, with an increase of X% against the previous year. Overall, the export price showed a pronounced increase. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. The export price peaked at $X per square meter in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2007 to 2020, the rate of growth in terms of prices for Russia amounted to X% per year.

Woolen Fabric Imports

Imports into Uzbekistan

Woolen fabric imports into Uzbekistan shrank significantly to X square meters in 2020, with a decrease of -X% on 2019 figures. Overall, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters. from 2013 to 2020, the growth imports failed to regain the momentum.

In value terms, woolen fabric imports shrank markedly to $X in 2020. Over the period under review, imports recorded resilient growth. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X square meters) constituted the largest supplier of woolen fabric to Uzbekistan, with a X% share of total imports. Moreover, woolen fabric imports from China exceeded the figures recorded by the second-largest supplier, Russia (X square meters), fourfold. Poland (X square meters) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-X% per year) and Poland (+X% per year).

In value terms, the largest woolen fabric suppliers to Uzbekistan were China ($X), Poland ($X) and Germany ($X), together comprising X% of total imports.

Among the main suppliers, Poland (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average woolen fabric import price stood at $X per square meter in 2020, with an increase of X% against the previous year. Over the period under review, the import price posted a buoyant increase. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Poland ($X per square meter), while the price for Russia ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform