Non-Grocery Specialists in Uzbekistan

PROSPECTS

The official devaluation of the national currency has insignificant implications

Despite the liberalisation of the exchange policy, which led to the significant devaluation of the national currency, the prices of imported grocery and non-grocery products did not increase substantially. This was because the majority of trading of imported products was initially handled at black-market exchange rates, exceeding the official exchange rate of the US dollar.

Traditional markets will slowly start losing their position

Most consumers in Uzbekistan shop at traditional markets for groceries, apparel and electronics. This is mainly due to the wide assortment of different quality products and the opportunity to bargain.

Growth in the number of pharmacies, but a smaller assortment of medicines

The new president re-established and developed the medical sector in the country. The pharmaceutical industry was developed, and there was wider availability of affordable, quality medicines and medical products for consumers and medical institutions.

COMPETITIVE LANDSCAPE

Artel leads

Artel, a national producer of electronics and appliances, became increasingly popular by producing modern and good-quality electronics in Uzbekistan. The company signed a contract with Samsung, and it produces some of the Korean company’s brands in its factory.

The biggest chain of chemists/pharmacies belongs to the government

Dori-Darmon owns the largest network of chemists/pharmacies in the country, with outlets in almost every part of Uzbekistan. The number of pharmacies under the Dori-Darmon brand reached almost 1,400 in 2017.

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