Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uzbekistan - 2023

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uzbekistan (CIF) - 2022
  2. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uzbekistan

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uzbekistan (CIF) - 2022

The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $10,580 per ton in 2022, jumping by 29% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. Over the period under review, average import prices reached the maximum at $19,000 per ton in 2017; however, from 2018 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 ($11,075 per ton), while the price for Russia totaled $3,746 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+70.9%).

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uzbekistan

For the fourth consecutive year, Uzbekistan recorded growth in supplies from abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s, which increased by 1.3% to 13 tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.5% 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 +79.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 61% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $139K in 2022. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +2.8% 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 +102.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12860.461.71351.8%
RussiaN/A8.320.93.6-34.1%
OthersN/AN/A23.80.6-97.5%
Total12868.81061392.8%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Uzbekistan in 2022:

  1. China (12.2 tons)
  2. Russia (0.9 tons)

Source: IndexBox Market Intelligence Platform

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