Uzbekistan: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in Uzbekistan

The Uzbek air conditioning machine market fell to $X in 2021, with a decrease of -6.5% against the previous year. Overall, consumption, however, enjoyed a prominent expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Air Conditioning Machine Production in Uzbekistan

In value terms, air conditioning machine production fell slightly to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of 88% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Air Conditioning Machine Exports

Exports from Uzbekistan

In 2021, overseas shipments of air conditioning machines decreased by -43% to X units for the first time since 2016, thus ending a four-year rising trend. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 55%. As a result, the exports attained the peak of X units, and then fell notably in the following year.

In value terms, air conditioning machine exports soared to $X in 2021. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 76% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Azerbaijan (X units) was the main destination for air conditioning machine exports from Uzbekistan, with a 60% share of total exports. Moreover, air conditioning machine exports to Azerbaijan exceeded the volume sent to the second major destination, Tajikistan (X units), twofold. Russia (X units) ranked third in terms of total exports with a 6.7% share.

From 2015 to 2021, the average annual growth rate of volume to Azerbaijan totaled +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-4.6% per year) and Russia (+95.6% per year).

In value terms, Azerbaijan ($X) remains the key foreign market for air conditioning machine exports from Uzbekistan, comprising 57% of total exports. The second position in the ranking was taken by Tajikistan ($X), with a 21% share of total exports. It was followed by Russia, with a 7.3% share.

From 2015 to 2021, the average annual growth rate of value to Azerbaijan totaled +33.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+11.8% per year) and Russia (+117.2% per year).

Export Prices by Country

In 2021, the average air conditioning machine export price amounted to $X per unit, surging by 191% against the previous year. Overall, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Tajikistan ($X per unit) was amongst the lowest.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+48.7%), while the prices for the other major destinations experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into Uzbekistan

In 2021, supplies from abroad of air conditioning machines decreased by -27.7% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 97% against the previous year. Over the period under review, imports attained the maximum at X units in 2020, and then reduced dramatically in the following year.

In value terms, air conditioning machine imports rose notably to $X in 2021. The total import value increased at an average annual rate of +5.8% from 2017 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 26%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of air conditioning machine to Uzbekistan, with a 69% share of total imports. Moreover, air conditioning machine imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), eightfold. The United Arab Emirates (X units) ranked third in terms of total imports with a 5.1% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from China amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+64.1% per year) and the United Arab Emirates (+153.0% per year).

In value terms, the largest air conditioning machine suppliers to Uzbekistan were China ($X), Turkey ($X) and France ($X), together comprising 76% of total imports. Russia, the United Arab Emirates, Lithuania and Jordan lagged somewhat behind, together comprising a further 11%.

The United Arab Emirates, with a CAGR of +72.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average air conditioning machine import price amounted to $X per unit, surging by 58% against the previous year. Overall, the import price, however, recorded a perceptible shrinkage. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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