Price for Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan - 2023
Contents:
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan (CIF) - 2022
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan (FOB) - 2022
- Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan
- Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan (CIF) - 2022
In 2022, the average import price for spices; mixtures of 2 or more products of the same heading amounted to $753 per ton, which is down by -19.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $936 per ton, and then contracted notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,513 per ton), while the price for India ($615 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan (FOB) - 2022
The average export price for spices; mixtures of 2 or more products of the same heading stood at $1,700 per ton in 2022, dropping by -17.9% against the previous year. In general, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 334%. As a result, the export price attained the peak level of $2,072 per ton, and then dropped rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($3,385 per ton), while the average price for exports to Kyrgyzstan ($361 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 Saudi Arabia (+146.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan
In 2022, imports of spices; mixtures of 2 or more products of the same heading into Uzbekistan was estimated at 303 tons, growing by 5.6% against the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.6% 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 decreased by -16.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 53% against the previous year. As a result, imports attained the peak of 362 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; mixtures of 2 or more products of the same heading declined rapidly to $228K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 decreased by -18.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 71%. As a result, imports reached the peak of $279K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 89.0 | 225 | 139 | 148 | 18.5% |
| India | 0.1 | 4.1 | 56.1 | 29.7 | 567.2% |
| Turkey | 63.5 | 29.2 | 37.6 | 27.2 | -24.6% |
| Azerbaijan | N/A | 10.6 | N/A | 6.9 | -19.3% |
| Others | 10.1 | 9.8 | 35.5 | 16.6 | 18.0% |
| Total | 163 | 279 | 268 | 228 | 11.8% |
Top Suppliers of Spices; Mixtures of 2 or More Products of the Same Heading to Uzbekistan in 2022:
- Georgia (229.7 tons)
- India (48.3 tons)
- Turkey (10.8 tons)
- Azerbaijan (10.3 tons)
Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan
Exports of spices; mixtures of 2 or more products of the same heading from Uzbekistan soared to 81 tons in 2022, with an increase of 149% on 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,211% against the previous year. As a result, the exports reached the peak of 727 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of spices; mixtures of 2 or more products of the same heading skyrocketed to $137K in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,256%. As a result, the exports reached the peak of $347K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Spices; Mixtures of 2 or More Products of the Same Heading in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.5 | 5.4 | N/A | 49.9 | 123.0% |
| Kazakhstan | 0.4 | 162 | 7.0 | 38.9 | 359.9% |
| Georgia | 0.7 | 6.0 | 6.3 | 19.2 | 201.6% |
| Tajikistan | 0.4 | 4.8 | 4.9 | 7.1 | 160.9% |
| Kyrgyzstan | 0.8 | 0.7 | 0.3 | 5.0 | 84.2% |
| Belarus | 0.5 | N/A | 0.4 | 2.3 | 66.3% |
| Ukraine | N/A | 0.2 | 0.2 | 1.9 | 208.2% |
| United Kingdom | N/A | 6.7 | N/A | N/A | 0% |
| Saudi Arabia | 13.8 | 27.3 | 0.4 | N/A | -83.0% |
| Turkey | N/A | 99.3 | 1.1 | N/A | -98.9% |
| Others | 4.4 | 34.2 | 46.5 | 12.7 | 42.4% |
| Total | 25.6 | 347 | 67.0 | 137 | 74.9% |
Top Export Markets for Spices; Mixtures of 2 or More Products of the Same Heading from Uzbekistan in 2022:
- Georgia (22.3 tons)
- Russia (14.9 tons)
- Kyrgyzstan (13.9 tons)
- Kazakhstan (11.5 tons)
- Tajikistan (8.2 tons)
- Belarus (5.4 tons)
- Ukraine (1.7 tons)
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