Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uzbekistan - 2023

Contents:

1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uzbekistan (CIF) - 2023
2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uzbekistan (FOB) - 2022
3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uzbekistan
4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uzbekistan

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uzbekistan (CIF) - 2023

In November 2023, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,226 per ton, almost unchanged from the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 26% against the previous month. Over the period under review, average import prices attained the maximum at $2,689 per ton in August 2023; however, from September 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($6,110 per ton), while the price for Iran ($245 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uzbekistan (FOB) - 2022

In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $5,730 per ton, growing by 48% against the previous year. Over the period under review, the export price posted a significant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 137%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($9,089 per ton), while the average price for exports to Tajikistan ($351 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 Turkey (+40.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uzbekistan

In 2022, overseas purchases of adhesives; prepared, based on rubber or plastics (including artificial resins) increased by 58% to 7.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $17M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Uzbekistan in 2022:

1. China (3331.6 tons)
2. Turkey (1545.8 tons)
3. Germany (968.6 tons)
4. Iran (658.6 tons)
5. Russia (559.7 tons)
6. Poland (158.4 tons)
7. Italy (145.7 tons)
8. Switzerland (142.4 tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uzbekistan

Exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from Uzbekistan soared to 39 tons in 2022, rising by 253% on 2021. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $226K in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Uzbekistan in 2022:

1. Russia (20.9 tons)
2. Tajikistan (8.0 tons)
3. Kazakhstan (4.3 tons)
4. Turkmenistan (4.0 tons)
5. Kyrgyzstan (2.2 tons)

Source: IndexBox Market Intelligence Platform