Uzbekistan: Tow-Behind Air Compressor Market 2024

Tow-Behind Air Compressor Market Size in Uzbekistan

The Uzbek tow-behind air compressor market reached $X in 2022, approximately reflecting the previous year. In general, consumption recorded a deep slump. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Tow-Behind Air Compressor Production in Uzbekistan

In value terms, tow-behind air compressor production reached $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of 22% against the previous year. Tow-behind air compressor production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Tow-Behind Air Compressor Exports

Exports from Uzbekistan

For the ninth year in a row, Uzbekistan recorded growth in shipments abroad of air compressors mounted on a wheeled chassis for towing, which increased by 17% to X units in 2022. In general, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 100%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, tow-behind air compressor exports surged to $X in 2022. Overall, exports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 when exports increased by 2,161% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for tow-behind air compressor exports from Uzbekistan, accounting for a 86% share of total exports. Moreover, tow-behind air compressor exports to the United Arab Emirates exceeded the volume sent to the second major destination, Russia (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to +144.9%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for air compressors mounted on a wheeled chassis for towing exports from Uzbekistan, comprising 100% of total exports. The second position in the ranking was taken by Russia ($X), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled +142.3%.

Export Prices by Country

The average tow-behind air compressor export price stood at $X per unit in 2022, growing by 249% against the previous year. Overall, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 1,030% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Russia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-1.1%), while the prices for the other major destinations experienced a decline.

Tow-Behind Air Compressor Imports

Imports into Uzbekistan

In 2022, supplies from abroad of air compressors mounted on a wheeled chassis for towing decreased by -13.9% to X units, falling for the second consecutive year after four years of growth. Over the period under review, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 with an increase of 112% against the previous year. Over the period under review, imports attained the maximum at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, tow-behind air compressor imports soared to $X in 2022. In general, total imports indicated a prominent expansion from 2017 to 2022: its value increased at an average annual rate of +9.8% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.4% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 56% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest tow-behind air compressor supplier to Uzbekistan, with a 85% share of total imports. Moreover, tow-behind air compressor imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), more than tenfold. The third position in this ranking was held by Kazakhstan (X units), with a 3.8% share.

From 2017 to 2022, the average annual growth rate of volume from China totaled +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-25.5% per year) and Kazakhstan (+55.2% per year).

In value terms, China ($X) constituted the largest supplier of air compressors mounted on a wheeled chassis for towing to Uzbekistan, comprising 58% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 28% share of total imports. It was followed by Russia, with a 9.4% share.

From 2017 to 2022, the average annual growth rate of value from China stood at +24.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (+270.5% per year) and Russia (-9.4% per year).

Import Prices by Country

The average tow-behind air compressor import price stood at $X per unit in 2022, with an increase of 53% against the previous year. Overall, the import price posted a prominent expansion. The growth pace was the most rapid in 2021 an increase of 79% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+138.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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