Price for Cutlery; Other than Plated with Precious Metal in Uzbekistan - 2023
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Uzbekistan (CIF) - 2023
- Price for Cutlery; Other than Plated with Precious Metal in Uzbekistan (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Uzbekistan
- Exports of Cutlery; Other than Plated with Precious Metal in Uzbekistan
Price for Cutlery; Other than Plated with Precious Metal in Uzbekistan (CIF) - 2023
In November 2023, the average import price for cutlery; other than plated with precious metals amounted to $581 per ton, reducing by -7.7% against the previous month. Overall, the import price saw a deep contraction. The pace of growth was the most pronounced in May 2023 an increase of 32% m-o-m. As a result, import price reached the peak level of $1,249 per ton. From June 2023 to November 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -4.9% per month.
Price for Cutlery; Other than Plated with Precious Metal in Uzbekistan (FOB) - 2022
In 2022, the average export price for cutlery; other than plated with precious metals amounted to $5,813 per ton, which is down by -15.7% against the previous year. Overall, the export price, however, saw a significant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 260%. The export price peaked at $6,899 per ton in 2021, and then shrank dramatically in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($13,699 per ton), while the average price for exports to Kyrgyzstan ($3,898 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 Kazakhstan (+270.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in Uzbekistan
In 2022, supplies from abroad of cutlery; other than plated with precious metals was finally on the rise to reach 119 tons after two years of decline. Overall, imports, however, recorded a precipitous slump.
In value terms, imports of cutlery; other than plated with precious metals skyrocketed to $2M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Cutlery; Other than Plated with Precious Metal in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,616 | 1,094 | 1,461 | 1,908 | 5.7% |
| Turkey | 27.7 | 1.5 | 29.3 | 55.0 | 25.7% |
| Others | 71.4 | 35.0 | 27.4 | 27.2 | -27.5% |
| Total | 1,715 | 1,130 | 1,518 | 1,990 | 5.1% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Uzbekistan in 2022:
- China (91.3 tons)
- Turkey (25.6 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Uzbekistan
In 2022, shipments abroad of cutlery; other than plated with precious metals decreased by -70.9% to 16 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,736% against the previous year. As a result, the exports reached the peak of 53 tons, and then shrank significantly in the following year.
In value terms, exports of cutlery; other than plated with precious metals contracted dramatically to $90K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,802% against the previous year. As a result, the exports reached the peak of $369K, and then declined notably in the following year.
| Export of Cutlery; Other than Plated with Precious Metal in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | N/A | N/A | 42.2 | 34.2 | -19.0% |
| Lithuania | N/A | 0.9 | 244 | 20.0 | 371.4% |
| Tajikistan | N/A | 0.2 | 3.1 | 10.2 | 614.1% |
| Kazakhstan | N/A | 0.8 | 10.5 | 7.3 | 202.1% |
| Israel | N/A | 0.7 | 37.6 | 6.0 | 192.8% |
| Ukraine | N/A | N/A | N/A | 3.5 | 0% |
| Turkmenistan | N/A | N/A | N/A | 3.0 | 0% |
| Others | 0.6 | 6.8 | 31.5 | 6.1 | 116.6% |
| Total | 0.7 | 9.5 | 369 | 90.4 | 405.5% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Uzbekistan in 2022:
- Kyrgyzstan (8.8 tons)
- Tajikistan (1.7 tons)
- Lithuania (1.5 tons)
- Kazakhstan (1.2 tons)
- Ukraine (0.6 tons)
- Turkmenistan (0.6 tons)
- Israel (0.6 tons)
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