Uzbekistan: Citric Acid Market 2024

Citric Acid Market Size in Uzbekistan

After two years of decline, the Uzbek citric acid market increased by X% to $X in 2022. In general, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Citric acid consumption peaked in 2022 and is likely to continue growth in the near future.

Citric Acid Production in Uzbekistan

In value terms, citric acid production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Citric acid production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Citric Acid Exports

Exports from Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in overseas shipments of citric acid and its salts and esters, which increased by X% to X tons in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, citric acid exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Tajikistan (X tons) was the main destination for citric acid exports from Uzbekistan, with a X% share of total exports. Moreover, citric acid exports to Tajikistan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), eightfold. The third position in this ranking was held by Afghanistan (X tons), with a X% share.

From 2017 to 2022, the average annual growth rate of volume to Tajikistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Afghanistan (X% per year).

In value terms, Tajikistan ($X) remains the key foreign market for citric acid and its salts and esters exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Turkmenistan, with a X% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Tajikistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Turkmenistan (X% per year).

Export Prices by Country

In 2022, the average citric acid export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price saw a precipitous setback. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Afghanistan ($X 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 Tajikistan (X%).

Citric Acid Imports

Imports into Uzbekistan

In 2022, overseas purchases of citric acid and its salts and esters were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, citric acid imports surged to $X in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest citric acid supplier to Uzbekistan, with a X% share of total imports. Moreover, citric acid imports from China exceeded the figures recorded by the second-largest supplier, Iran (X tons), tenfold.

From 2017 to 2022, the average annual rate of growth in terms of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of citric acid and its salts and esters to Uzbekistan, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with an X% share of total imports.

From 2017 to 2022, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

The average citric acid import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, import price indicated a measured increase from 2017 to 2022: its price increased at an average annual rate of X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citric acid import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Iran amounted to $X per ton.

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

Source: IndexBox Platform

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