Welcome to AVAS!
![Image](images/Office_photo.jpg)
AVAS is a full-cycle distributor in Uzbekistan that delivers a diverse range of
consumer non-food goods through e-commerce. With a fusion of extensive
international experience and an intimate understanding of our local market,
consumers, and businesses, our mission is to revolutionize the e-commerce
experience in Uzbekistan.
We distribute our products to every corner of the
country, from the vibrant Fergana valley in the east to the remote expanses of
Karakalpakstan in the west.
At AVAS, we carefully curate every item we sell. Our
products are a testament to our unwavering commitment to quality and are presented and promoted in a manner that benefits not only our consumers but also our partners and our business.
Welcome to Uzbekistan!
Uzbekistan is home to some of the world's oldest cities, including Samarkand
and Bukhara, which were important stops along the Silk Road, the ancient trade
route that connected China to the Mediterranean. Due to its location at the
crossroads of Central Asia, Uzbekistan has been influenced by various cultures
over the centuries, including Persian, Turkic, and Russian. It was a home for
many scientists, astronomers, philosophers and artists in medieval times. Famous
Tamerlane (known also as Timur) was born in modern Uzbekistan.
All this has
resulted in a rich and very diverse cultural heritage.
Today’s
Uzbekistan is
one of the most populous countries in Central Asia. Its population reaches 35-36
million people and the median age is 29 years. The population has been steadily
increasing by ±2% annually.
The official language is Uzbek, which is a Turkic
language. Russian is also widely spoken, especially in urban areas. The majority
of the population in Uzbekistan practices Islam.
The country has a
well-established system of schools and universities and literacy level is 100%
among people older than 15yo.
Uzbekistan is actively promoting its tourism industry today. So do not delay your visit to the fantastic country of splendid historical heritage and architectural treasures. Besides you will be rewarded with amazing Uzbek cuisine which is known for its flavorful dishes, with pilaf (known as “plov"), shashlik (kebabs), manti (dumplings), and various types of bread like non and lavash.
Economy is growing
Uzbekistan's economy has traditionally been heavily dependent on agriculture,
especially cotton production. Nevertheless, the government has been actively
pursuing economic diversification by promoting various sectors, including
manufacturing, mining, and services. To achieve this, it has initiated a series
of economic reforms aimed at liberalizing markets, reducing state intervention,
and enhancing the overall business environment.
The country boasts abundant
natural resources, including natural gas, gold, copper, and uranium. Uzbekistan
has also been fostering its manufacturing sector, with a particular focus on
textiles, automotive production, and electronics.
Since 2018, the nominal GDP
has consistently grown by over 20% annually, with the only slowdown occurring
during the pandemic in 2020. Inflation, which stood at approximately 11% in
2021-2022, has significantly decreased compared to previous years. Exchange rate
fluctuations have also been stabilizing, with a modest 4% fluctuation in 2022.
The government's unwavering commitment to economic reforms and diversification signals a strong desire to modernize the economy and attract foreign investment. Coupled with its large and growing population, Uzbekistan represents the largest market in Central Asia and is highly appealing for potential investment opportunities.
E-commerce is booming
E-commerce in Uzbekistan is indeed undergoing substantial growth, driven by
robust internet penetration, which currently stands at 72%. This flourishing
digital landscape is contributing to a thriving e-commerce market.
The
transaction value in the e-commerce sector is anticipated to reach US$2.5 billion
this year. Moreover, it is expected to sustain the growth with an annual rate of
16.9% through 2027, ultimately reaching US$4.6 billion and serving a user base of
15.9 million people, which will represent over 40% of the total
population.
All segments of the digital commerce are witnessing development.
Online food delivery is a standout, projected to grow by 25% in 2023, with a
consistent annual growth rate of 22% expected until 2027. Currently, the
penetration rate for this segment is 11%, surpassing neighboring Kazakhstan (9%)
and coming close to Armenia and Georgia (both at 12%). Similarly, the online
pharmacy sector is expected to reach a penetration rate of 9% in 2023, with an
impressive CAGR value growth of 25% projected through 2027.
A noteworthy
aspect of this growth is the emergence of various local e-commerce platforms and
websites that cater specifically to the domestic market, such as OLX.uz, Shop.uz,
Uzum.uz, among others. Additionally, accessibility to international e-commerce
giants like AliExpress and Russian marketplaces’ expansion to Uzbekistan (Ozon
and Wildberries) demonstrate the significant shift of consumers attention towards
digital transactions and online commerce.
Payment methods have also evolved to
facilitate online transactions. While cash on delivery remains popular, digital
payment options are increasingly prevalent. Mobile payment apps and bank
transfers are now widely used for online purchases.
In summary, Uzbekistan's e-commerce is experiencing remarkable growth, fueled by internet accessibility, mobile connectivity, and a flourishing digital landscape. These statistics underscore a pronounced shift towards digital channels for shopping and services, positioning Uzbekistan's e-commerce industry as an enticing opportunity for investment and expansion.