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gasreport: Central Asia – Uzbekistan



The commercial industrial gases market in Uzbekistan was estimated to have generated revenues of some $56m in 2018. This was an increase from revenues in 2008 of $17m, indicating an average annual growth rate 13.0% p.a. for the decade.

While Uzbekistan has had its political problems in the past, the country has large natural gas and coal reserves and it’s economy is likely to grow significantly in the next 10 years.There is an industrial base that needs modernisation and thus offers opportunities for industrial gas supply. As yet no international gas company has established a presence in the country.

Within the 2018-2023 timeframe, gasworld business intelligence predict growth from 10.7% p.a. in a low scenario to 11.3% p.a. in a high scenario. Accordingly, the industry in Uzbekistan is expected to achieve revenues of between $92m to $95m by 2023.

Published: 2022

Report Data: 2021

Each report contains a 10-year history and 5-year forecast of the respective gas markets.

  • Industrial gas supply structure
  • Companies operating within each country
  • Market structure in terms of demand for gases
  • Macro-economic influences and drivers
  • Future market forecasts
  • Investment potential

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