Uzbekistan - Provitamins and Vitamins - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUzbekistan: Vitamin Market 2024
Vitamin Market Size in Uzbekistan
The Uzbek vitamin market totaled $X in 2023, stabilizing at the previous year. Overall, consumption recorded a remarkable increase. Over the period under review, the market hit record highs in 2023 and is likely to see gradual growth in the immediate term.
Vitamin Production in Uzbekistan
In value terms, vitamin production totaled $X in 2023 estimated in export price. In general, production saw a prominent increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Vitamin production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.
Vitamin Exports
Exports from Uzbekistan
In 2023, vitamin exports from Uzbekistan surged to X tons, increasing by X% compared with 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2022 when exports increased by X%. The exports peaked in 2023 and are likely to see gradual growth in the near future.
In value terms, vitamin exports skyrocketed to $X in 2023. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Botswana (X tons), Canada (X tons) and Kyrgyzstan (X tons) were the main destinations of vitamin exports from Uzbekistan, together accounting for X% of total exports.
From 2020 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kyrgyzstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Botswana ($X) emerged as the key foreign market for provitamins and vitamins exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with an X% share of total exports.
From 2020 to 2023, the average annual growth rate of value to Botswana was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X.8% per year) and Kyrgyzstan (X% per year).
Export Prices by Country
In 2023, the average vitamin export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price posted a significant expansion. Over the period under review, the average export prices attained the maximum at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Botswana ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.
From 2020 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (X%).
Vitamin Imports
Imports into Uzbekistan
In 2023, imports of provitamins and vitamins into Uzbekistan expanded to X tons, picking up by X% against the previous year's figure. In general, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports failed to regain momentum.
In value terms, vitamin imports reduced remarkably to $X in 2023. Overall, imports, however, saw a deep contraction. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, China (X tons) constituted the largest supplier of vitamin to Uzbekistan, accounting for a X% share of total imports. Moreover, vitamin imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was taken by Latvia (X tons), with a X% share.
From 2017 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Latvia (X% per year).
In value terms, China ($X) constituted the largest supplier of provitamins and vitamins to Uzbekistan, comprising X% of total imports. The second position in the ranking was held by Latvia ($X), with an X% share of total imports. It was followed by the United States, with a X% share.
From 2017 to 2023, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and the United States (X% per year).
Import Prices by Country
In 2023, the average vitamin import price amounted to $X per ton, falling by X% against the previous year. In general, the import price showed a mild decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2022, and then shrank dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Lithuania ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.
From 2017 to 2023, the most notable rate of growth in terms of prices was attained by Lithuania (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 vitamin 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 21105100 - Provitamins and vitamins, natural or reproduced by synthesis (including natural concentrates), derivatives thereof used primarily as vitamins, and intermixtures of the foregoing, w hether or not in any solvent
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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