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Markets 17/11/2010 UzEX export sales make up US$103.4 million in past period of 2010
UzEX export sales make up US$103.4 million in past period of 2010
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan Commodity Exchange (UzEX) realized products for 2.43 trillion soums in nine months of 2010. According to the information-analytics department of UzEX, the figure was 2.13 trillion soums in the same period of 2009.

The volume of exchange sales in the third quarter of 2010 rose by 20% compared to the first quarter of 2010. As in previous year, two goods groups – food products and construction materials – remain leaders of exchange sales. Aggregate share of these groups in total exchange turnover made up 49%.

Absolute leader of sales in 2010 made up construction materials, first of all cement. Share of cement in the group makes up at least 80%. The growth of demand for construction materials is objective, which is forecasted by majority of experts in early 2010. Thanks to positive development of local construction market, the demand for cement is growing actively. According to experts of the market, the demand to cement came close to 6 million tonnes a year. This is the third cement consumption figure in the CIS after Russia and Ukraine.

Third place on sales in nine months of 2010 occupied by liquefied gas (9% of market). The specialists link this with fast development of gas-engine fuel market. According to the Uzbek State Inspection on control over use of oil products and gas under the Cabinet of Ministers of Uzbekistan, about 10% of all vehicle fleet in Uzbekistan currently use liquefied and compressed gas. On this figure, Uzbekistan holds the first place in the CIS.

In line with the data of Uzgosneftegazinspection, from 2007 to 1 October 2010, Uzbekistan commissioned 397 automobile gas fuelling station and 81 automobile gas fuelling compressor stations. The growth of automobiles, re-equipped to gas consumption, made up over 120,000 units in the reviewed period.

Absolute leader on sales of liquefied gas through UzEC is Shortan gas chemical complex (44% of market), and it is followed by Shortanneftgaz (34%), Shortan Gaz Mahsulot (14%), Mubarek gas processing plant (3%), Bukhara oil processing plant and Mubarekneftegaz (2% each), as well as Ferghana oil processing plant (1%). Overall, about 190,000 tonnes of liquefied were traded through UzEX in ten months of 2010, which is up by 12% year-on-year.

The volume of export sales at UzEX made up US$103.4 million in past period of 2010, which is up by 2.4 times year-on-year. At the same time, Shortan gas-chemical complex leads. Share of polyethylene granules, of the plant, makes up 54% in total exchange export volume of UzEX (61% in nine months of 2010). Market share of sales of local cement remained at the level of 24%.

At the same time, the sales of cotton-fiber and its products grew to 12% (1.2% in 2009). Share of oil products’ sales slightly decreased (due to oil products of Ferghana oil processing plant) from 8.6% in 2009 to 4.9% in 2010.

Over 54.4% of export deals through UzEX fell to share of companies from Russia (34.2%) and Kazakhstan (20.2%).

Companies from China, Great Britain, USA, France, Switzerland, Turkey, Afghanistan, Ukraine, Turkmenistan and Baltic states participated at exchange export market. At the same time, share of export deals through UzEC rose up to US$7.6 million, which makes up 6.9% of exchange export market.

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