Liqueurs and Cordials Price in Uzbekistan - 2023
Contents:
Liqueurs and Cordials Price in Uzbekistan (CIF) - 2022
In 2022, the average liqueurs and cordials import price amounted to $7.1 per litre, with an increase of 7.8% against the previous year. Over the last five years, it increased at an average annual rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($7.1 per litre) and Italy ($7.1 per litre), while the price for the UK ($7.1 per litre) and France ($7.1 per litre) were amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+19.4%), while the prices for the other major suppliers experienced a decline.
Liqueurs and Cordials Imports in Uzbekistan
For the fourth year in a row, Uzbekistan recorded growth in supplies from abroad of liqueurs and cordialses, which increased by 19% to 32K litres in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 83%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, liqueurs and cordials imports soared to $229K in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Liqueurs and Cordials in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 44.6 | 27.8 | 20.9 | 54.1 | 6.6% |
| Italy | 1.4 | 8.8 | 0.9 | 30.3 | 178.7% |
| Belgium | 2.2 | N/A | 0.2 | 26.5 | 129.2% |
| United States | N/A | N/A | N/A | 23.8 | 0% |
| Ireland | N/A | N/A | N/A | 22.5 | 0% |
| France | N/A | N/A | N/A | 15.7 | 0% |
| United Kingdom | N/A | N/A | N/A | 14.2 | 0% |
| Netherlands | 1.8 | N/A | 9.8 | 13.9 | 97.7% |
| Turkey | N/A | N/A | N/A | 9.2 | 0% |
| Latvia | 15.1 | 43.5 | 51.0 | 5.7 | -27.7% |
| Others | 11.4 | 13.9 | 96.4 | 13.0 | 4.5% |
| Total | 76.4 | 94.0 | 179 | 229 | 44.2% |
Top Suppliers of Liqueurs and Cordials to Uzbekistan in 2022:
- Germany (7.6K litres)
- Italy (4.2K litres)
- Belgium (3.7K litres)
- United States (3.3K litres)
- Ireland (3.1K litres)
- France (2.2K litres)
- United Kingdom (2.0K litres)
- Netherlands (1.9K litres)
- Turkey (1.3K litres)
- Latvia (0.8K litres)
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