Earlier Report Observations
Corn oil production in Uzbekistan grew from 6 840 tons in 2018 to 8 301 tons in 2020. This initial expansion was supported by a reduction in raw material costs after cottonseed oil was exempted from excise tax in late 2018. Furthermore, the introduction of mandatory exchange trading for cotton products in early 2018 increased price transparency and attracted new market participants.
Production accelerated sharply from 2021 onward, reaching 12 535 tons by 2023. The key driver was the government's policy of maintaining zero customs duties on imports of vegetable oil, first extended in 2020 and repeatedly renewed, which ensured a steady flow of affordable raw material for manufacturers. Additionally, an export ban on sunflower and cottonseed oils enacted in mid-2022 restricted external supplies, thereby increasing domestic demand for locally produced oils like corn oil.
The regulatory landscape continued to evolve with the implementation of mandatory digital labeling for vegetable oils, for which preparations began in 2023. Concurrently, the zero import duty regime was extended into 2026, and a new joint venture added production capacity, further shaping the market structure.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Uzbekistan
- 5.1.1. Annual dynamics of production in Uzbekistan in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Uzbekistan in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Uzbekistan
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Uzbekistan in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Uzbekistan by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Uzbekistan in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Uzbekistan by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Uzbekistan, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Uzbekistan by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Uzbekistan in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Uzbekistan by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Uzbekistan in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Uzbekistan by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Uzbekistan, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Uzbekistan by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Uzbekistan in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Uzbekistan by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Uzbekistan in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Uzbekistan by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Uzbekistan, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Uzbekistan by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Uzbekistan in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Uzbekistan by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Uzbekistan in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Uzbekistan by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Uzbekistan, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Uzbekistan by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production corn oil and fractions in Uzbekistan
In kind, 2017-2020, t
Top producers of corn oil and fractions, 2017-2020
World map of production of corn oil and fractions, 2017-2020
Uzbekistan's corn oil and fractions production has grown for the second year in a row. In 2019, output reached 8 301 tonnes, marking a modest 3.7% increase from the previous year. Looking at the 2017-2020 period, production rose by 15% overall, with an average annual growth rate of 4.8%. The lowest production level was in 2018 at 6 840 tonnes, which saw the largest decline of 5.3%. In contrast, 2019 recorded the biggest jump with a 17.1% increase.
Annual dynamics of production in Uzbekistan in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.3%) | 17.1% | 3.7% | 4.8% |
Exports corn oil and fractions from Uzbekistan
Exports in kind, t
In 2020, Uzbekistan exported 123.7 tonnes of corn oil and fractions, representing a dramatic year-on-year surge of 2 358.8%.
Annual dynamics of product's exports from Uzbekistan in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 2 358.8% | - |
From 2017 to 2020, Afghanistan was the sole destination for Uzbekistan's corn oil and fractions exports, accounting for 100.0% of the total volume shipped.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Uzbekistan in kind, 2017-2020
Exports in value, K $ US
The value of Uzbekistan's corn oil and fractions exports in 2020 totaled 81.8 thousand US dollars, showing a substantial increase of 1 736.0% compared to the year before.
Annual dynamics of product's exports from Uzbekistan in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 1 736.0% | - |
During the 2017-2020 period, Afghanistan continued to be the exclusive buyer of Uzbekistan's corn oil and fractions, making up 100.0% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Uzbekistan in value, 2017-2020
Imports corn oil and fractions to Uzbekistan
Imports in kind, t
The import market for corn oil and fractions in Uzbekistan displayed significant volatility from 2017 to 2020, with fluctuations spanning a sevenfold range. In 2019, imports hit 15.5 tonnes, but then dropped sharply by 71.4% year-on-year in 2020. The most notable decline occurred in 2018 at 76.8%, while 2019 saw the largest increase of 113.8%.
Annual dynamics of product's imports to Uzbekistan in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (76.8%) | 113.8% | (71.4%) | (47.8%) |
Between 2017 and 2020, Russia and Turkey were the primary sources of corn oil and fractions for Uzbekistan, together supplying 100.0% of total import volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Uzbekistan in kind, 2017-2020
Imports in value, K $ US
Import values showed an unstable pattern over the observed years. In 2018, they bottomed out at 21.1 thousand US dollars, after peaking in 2017, with a fivefold difference between these extremes. By 2020, import value stood at 21.5 thousand US dollars, reflecting a sharp 63.3% drop from the previous year. The steepest decline was in 2018 at 79.9%, whereas 2019 experienced the highest rise of 177.3%.
Annual dynamics of product's imports to Uzbekistan in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (79.9%) | 177.3% | (63.3%) | (41.0%) |
From 2017 to 2020, Russia and Turkey dominated as the key suppliers of corn oil and fractions to Uzbekistan in value terms, jointly representing 100.0% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Uzbekistan in value, 2017-2020
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