Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan (CIF) - 2023
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan (FOB) - 2023
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan (CIF) - 2023
In November 2023, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,847 per ton, growing by 41% against the previous month. Over the period under review, the import price saw a temperate expansion. The growth pace was the most rapid in January 2023 when the average import price increased by 240% m-o-m. As a result, import price attained the peak level of $5,806 per ton. From February 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belarus ($2,542 per ton), while the price for Russia ($1,446 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 Iran (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan (FOB) - 2023
In November 2023, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $843 per ton, shrinking by -4.8% against the previous month. Over the period under review, the export price saw a slight slump. The pace of growth was the most pronounced in January 2023 when the average export price increased by 769% against the previous month. As a result, the export price attained the peak level of $7,038 per ton. From February 2023 to November 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Turkmenistan ($1,632 per ton), while the average price for exports to Tajikistan ($728 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan
In 2022, supplies from abroad of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) increased by 221% to 8.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt descent.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) skyrocketed to $17M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.4 | 3.7 | 3.6 | 10.6 | 12.7% |
United Arab Emirates | N/A | 3.6 | 0.1 | 2.0 | -25.5% |
Turkey | 0.5 | 1.1 | 1.1 | 1.8 | 53.3% |
Russia | 5.4 | 5.0 | 5.6 | N/A | 1.8% |
Tajikistan | N/A | N/A | N/A | N/A | 0% |
Iran | 0.4 | 0.4 | 0.1 | N/A | -50.0% |
Others | 0.8 | 1.2 | 0.3 | 2.9 | 53.6% |
Total | 14.4 | 14.9 | 10.9 | 17.3 | 6.3% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Uzbekistan in 2022:
- China (6.9K tons)
- Turkey (0.6K tons)
- United Arab Emirates (0.3K tons)
- Tajikistan (0.2K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan
Exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from Uzbekistan reduced sharply to 3.2K tons in 2022, shrinking by -28.8% against 2021 figures. Over the period under review, total exports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +13.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, the exports attained the peak of 4.4K tons, and then contracted significantly in the following year.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) shrank markedly to $2.7M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 74% against the previous year. As a result, the exports reached the peak of $3.2M, and then contracted notably in the following year.
Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 1,570 | 1,203 | 2,320 | 1,685 | 2.4% |
Kyrgyzstan | 399 | 419 | 653 | 636 | 16.8% |
Tajikistan | 175 | 229 | 242 | 54.1 | -32.4% |
Others | 43.5 | N/A | 1.1 | 288 | 87.8% |
Total | 2,187 | 1,850 | 3,216 | 2,663 | 6.8% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Uzbekistan in 2022:
- Kazakhstan (2410.1 tons)
- Kyrgyzstan (664.4 tons)
- Tajikistan (49.1 tons)
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