• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12591.71
    • RUB160.18
    • EUR14821.7
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +23°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Uzbekistan

    Uzbekistan's mineral sector: fluctuations and growth trends over five years

    Uzbekistan's mineral sector: fluctuations and growth trends over five years

    Over the past five years, Uzbekistan's minerals sector has seen significant fluctuations in production levels. In 2019, the sector recorded a production value of UZS 43.4 trillion ($3.5bn), followed by a notable dip in 2020, with production falling to UZS 33.1 trillion ($2.7bn), potentially influenced by various internal and external factors impacting the industry.

    However, there was a rebound in 2021, with production climbing to UZS 43.9 trillion ($3.6bn). The trend of growth continued in 2022, witnessing another increase, reaching UZS 52.1 trillion ($4.2bn). This upward trajectory persisted into 2023, with production hitting UZS 55.2 trillion ($4.5bn), signaling sustained growth within the sector.

    Examining specific mineral outputs for the years 2022 and 2023 provides a closer look at Uzbekistan's minerals sector performance. Coal production increased from 5.4 mn tons in 2022 to 6.2 mn tons in 2023, indicating a growth trend despite a decrease in the year-on-year performance percentage. 

    Oil production, although experiencing a slight decrease from 2022 to 2023, remained relatively stable, with production values hovering around 770,000-788,000 tons. Conversely, natural gas production witnessed a significant decline from 2022 to 2023, dropping from 51.7 bn cubic meters to 46.7 bn cubic meters. Similarly, gas condensate production also decreased from 2022 to 2023, albeit to a lesser extent compared to natural gas.

    Assessing the year-on-year performance percentages for each mineral offers additional insights into Uzbekistan's minerals sector. Despite fluctuations, the coal sector demonstrated overall growth in performance over the five-year period, indicating improved efficiency and productivity. However, performance in the oil sector fluctuated over the years, with a slight downward trend observed from 2019 to 2023, suggesting potential challenges or constraints within the oil production processes. 

    Made with Flourish

    Similarly, while experiencing fluctuations, the natural gas sector showed a gradual decline in performance, emphasizing the need for further investigation into factors affecting extraction and production. Additionally, performance in the gas condensate sector exhibited variability, with a declining trend observed from 2021 to 2023, indicating potential challenges in extraction or processing methods.

    The minerals sector in Uzbekistan showcases both growth opportunities and challenges. While certain minerals demonstrate upward production trends, others face challenges such as declining performance and fluctuating production levels. Addressing these challenges requires strategic interventions, including investment in technology, infrastructure, and regulatory frameworks to optimize resource extraction and enhance overall sectoral efficiency. 

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    19.02.2024, 10:00   Comments (0)   2084
    Facebook Twitter LinkedIn Telegram Email
    Mokhinur Sultanova

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Uzbekistan advances coal production with launch of Topolang mine project

    14.09.2023, 18:50

    Uzbekistan’s coal production soars by 19.1% in 2023, reaching 5.73 mn tons 

    25.12.2023, 12:12

    Uzbekistan aims for 22% increase in coal production - President Mirziyoyev

    17.01.2024, 01:05

    Uzbekistan allocates $220 mn for food industry projects in Andijan region

    19.02.2024, 02:37

    Ministry of Energy temporarily restricts gas filling stations in Uzbekistan

    19.02.2024, 01:03

    Egypt delivers fourth batch of anti-hepatitis C drugs to Uzbekistan

    18.02.2024, 18:06
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Beeline Uzbekistan started 2025 with a significant network modernization


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024

     

    Recommended

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12

    “Uzbekistan is undergoing large-scale reforms and transformation,” says EU business leader at TIIF

    11 June, 08:34

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34
     
     
     

    Latest news

    Uzbekistan firms its status as Central Asia’s economic hub pre-ECO summit in Khankendi

    Uzbekistan | 2 July, 17:57

    Uzbekistan, Azerbaijan chart new roadmap as joint projects hit $4bn

    Uzbekistan | 2 July, 17:32

    Uzbekistan’s Teplo Store opens Silk Road Pop-Up at 2025 London Design Biennale

    Uzbekistan | 2 July, 17:09

    Kyrgyzstan adopts new water code to regulate use and protection of resources

    Kyrgyzstan | 2 July, 15:01

    Uzbekistan, Azerbaijan deepen trade ties with new agreements in Baku

    Uzbekistan | 2 July, 13:37

    Uzbekistan’s president reviews proposals to prepare for 2028 Olympic and Paralympic games

    Uzbekistan | 2 July, 12:34

    Air China receives green light to launch flights to Uzbekistan

    Uzbekistan | 2 July, 11:30

    Uzbekistan to expand fine and applied arts with major reforms and youth initiatives

    Uzbekistan | 2 July, 10:31
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.