Uzbekistan: Market for Electrical Boards, Panels, Consoles, Desks and Cabinets 2025

Market Size for Electrical Boards, Panels, Consoles, Desks and Cabinets in Uzbekistan

The Uzbek market for electrical boards, panels, consoles, desks and cabinets skyrocketed to $X in 2021, increasing by 45% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, faced a abrupt shrinkage. Electric board, desk and panel consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Exports of Electrical Boards, Panels, Consoles, Desks and Cabinets

Exports from Uzbekistan

In 2021, shipments abroad of electrical boards, panels, consoles, desks and cabinets decreased by -1.1% to X units, falling for the third consecutive year after two years of growth. Over the period under review, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2018 with an increase of 7.1%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, electric board, desk and panel exports fell to $X in 2021. Overall, exports saw a dramatic slump. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Tajikistan (X units), Russia (X units) and Kazakhstan (X units) were the main destinations of electric board, desk and panel exports from Uzbekistan, together comprising 99.9% of total exports.

From 2017 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tajikistan (with a CAGR of -27.5%), while the other leaders experienced a decline.

In value terms, Russia ($X) emerged as the key foreign market for electrical boards, panels, consoles, desks and cabinets exports from Uzbekistan, comprising 55% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 26% share of total exports. It was followed by Tajikistan, with a 19% share.

From 2017 to 2021, the average annual growth rate of value to Russia stood at -73.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-69.5% per year) and Tajikistan (-41.3% per year).

Export Prices by Country

In 2021, the average export price for electrical boards, panels, consoles, desks and cabinets amounted to $X per unit, dropping by -5.1% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 30%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, 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 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+45.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Boards, Panels, Consoles, Desks and Cabinets

Imports into Uzbekistan

Electric board, desk and panel imports into Uzbekistan surged to X units in 2021, growing by 128% on the year before. Overall, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by 167% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, electric board, desk and panel imports soared to $X in 2021. In general, imports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2019 when imports increased by 151%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X units) constituted the largest supplier of electric board, desk and panel to Uzbekistan, with a 75% share of total imports. Moreover, electric board, desk and panel imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X units), sevenfold. Singapore (X units) ranked third in terms of total imports with a 0.4% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +111.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-7.4% per year) and Singapore (-66.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of electrical boards, panels, consoles, desks and cabinets to Uzbekistan, comprising 54% of total imports. The second position in the ranking was taken by Russia ($X), with a 13% share of total imports. It was followed by Singapore, with a 0.4% share.

From 2017 to 2021, the average annual rate of growth in terms of value from Turkey stood at +125.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-40.9% per year) and Singapore (-71.2% per year).

Import Prices by Country

The average import price for electrical boards, panels, consoles, desks and cabinets stood at $X per unit in 2021, declining by -36.5% against the previous year. Over the period under review, the import price showed a sharp descent. The growth pace was the most rapid in 2020 an increase of 59% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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