Petroleum Jelly Price in Uzbekistan - 2023
Contents:
- Petroleum Jelly Price in Uzbekistan (CIF) - 2022
- Petroleum Jelly Price in Uzbekistan (FOB) - 2022
- Petroleum Jelly Imports in Uzbekistan
- Petroleum Jelly Exports in Uzbekistan
Petroleum Jelly Price in Uzbekistan (CIF) - 2022
In 2022, the average petroleum jelly import price amounted to $1,348 per ton, reducing by -10.4% against the previous year. Overall, the import price showed a slight slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17% against the previous year. The import price peaked at $1,664 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 China ($3,636 per ton), while the price for Iran ($1,025 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum Jelly Price in Uzbekistan (FOB) - 2022
The average petroleum jelly export price stood at $2,159 per ton in 2022, with an increase of 410% against the previous year. In general, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($2,900 per ton), while the average price for exports to Tajikistan totaled $2,034 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+114.0%).
Petroleum Jelly Imports in Uzbekistan
In 2022, the amount of petroleum jellies imported into Uzbekistan expanded modestly to 290 tons, surging by 2.9% compared with 2021. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 177% against the previous year. As a result, imports attained the peak of 401 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, petroleum jelly imports declined to $391K in 2022. Overall, imports saw a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 114%. As a result, imports attained the peak of $515K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Petroleum Jelly in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 60.2 | 182 | 118 | 189 | 46.4% |
| Russia | 52.5 | 125 | 106 | 88.5 | 19.0% |
| Turkey | 0.5 | 2.4 | 5.3 | 50.8 | 366.6% |
| Germany | 18.9 | 11.4 | 15.3 | 29.1 | 15.5% |
| United Arab Emirates | 8.9 | 18.6 | 18.0 | 27.0 | 44.8% |
| China | 18.9 | 18.8 | 13.2 | 5.2 | -35.0% |
| Netherlands | 28.1 | 48.8 | 40.0 | N/A | 19.3% |
| Ukraine | 17.7 | 58.1 | 50.4 | N/A | 68.7% |
| Others | 34.9 | 49.5 | 57.5 | 1.2 | -67.5% |
| Total | 241 | 515 | 424 | 391 | 17.5% |
Top Suppliers of Petroleum Jelly to Uzbekistan in 2022:
- Iran (184.6 tons)
- Turkey (36.8 tons)
- Russia (36.8 tons)
- United Arab Emirates (21.0 tons)
- Germany (9.3 tons)
- China (1.4 tons)
Petroleum Jelly Exports in Uzbekistan
Petroleum jelly exports from Uzbekistan fell remarkably to 69 kg in 2022, with a decrease of -97.4% against 2021. Overall, exports saw a significant contraction. The growth pace was the most rapid in 2021 with an increase of 9.2% against the previous year.
In value terms, petroleum jelly exports shrank notably to $149 in 2022. In general, exports saw a sharp slump. The growth pace was the most rapid in 2021 when exports increased by 4.3%.
| Export of Petroleum Jelly in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tajikistan | N/A | 1.1 | 0.9 | 0.1 | -69.8% |
| Kazakhstan | 25.7 | N/A | N/A | N/A | 0% |
| Afghanistan | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 25.7 | 1.1 | 1.1 | 0.1 | -84.3% |
Top Export Markets for Petroleum Jelly from Uzbekistan in 2022:
- Tajikistan (59.0 kg)
- Afghanistan (10.0 kg)
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