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Uzbekistan - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUzbekistan: Vermouth Market 2024
Vermouth Market Size in Uzbekistan
In 2023, the Uzbek vermouth market decreased by X% to $X, falling for the second consecutive year after ten years of growth. In general, consumption posted a significant expansion. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.
Vermouth Production in Uzbekistan
In value terms, vermouth production fell rapidly to $X in 2023 estimated in export price. Over the period under review, production saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2022, and then reduced markedly in the following year.
Vermouth Exports
Exports from Uzbekistan
In 2023, the amount of vermouth exported from Uzbekistan was estimated at X litres, flattening at 2022 figures. In general, exports recorded a sharp reduction. The smallest decline of X% was in 2021. Over the period under review, the exports reached the peak figure at X litres in 2019; however, from 2020 to 2023, the exports remained at a lower figure.
In value terms, vermouth exports amounted to $X in 2023. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Russia (X litres) was the main destination for vermouth exports from Uzbekistan, accounting for a approx. X% share of total exports.
From 2019 to 2023, the average annual rate of growth in terms of volume to Russia totaled X%.
From 2019 to 2023, the average annual rate of growth in terms of value to Russia amounted to X%.
Export Prices by Country
In 2023, the average vermouth export price amounted to $X per litre, remaining stable against the previous year. In general, the export price showed a significant increase. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked in 2023 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2019 to 2023, the rate of growth in terms of prices for Russia amounted to X% per year.
Vermouth Imports
Imports into Uzbekistan
In 2023, the amount of vermouth imported into Uzbekistan skyrocketed to X litres, jumping by X% compared with the previous year. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2023 and are likely to continue growth in years to come.
In value terms, vermouth imports skyrocketed to $X in 2023. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
Kazakhstan (X litres), Germany (X litres) and Italy (X litres) were the main suppliers of vermouth imports to Uzbekistan, with a combined X% share of total imports. Latvia, France and Poland lagged somewhat behind, together accounting for a further X%.
From 2017 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Kazakhstan ($X), Germany ($X) and Latvia ($X) were the largest vermouth suppliers to Uzbekistan, with a combined X% share of total imports. Italy, France and Poland lagged somewhat behind, together comprising a further X%.
Among the main suppliers, France, with a CAGR of X.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average vermouth import price amounted to $X per litre, rising by X% against the previous year. In general, the import price enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2023 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per litre), while the price for Italy ($X per litre) was amongst the lowest.
From 2017 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the vermouth market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11041000 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances (excluding alcohol duty)
Country coverage:
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uzbekistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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