Uzbekistan: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Uzbekistan

The Uzbek continuous-action elevators and conveyors market expanded remarkably to $X in 2022, growing by X% against the previous year. In general, consumption showed a buoyant expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Continuous-Action Elevators And Conveyors in Uzbekistan

In value terms, continuous-action elevators and conveyors production stood at $X in 2022 estimated in export price. Over the period under review, production posted a strong increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports from Uzbekistan

In 2022, continuous-action elevators and conveyors exports from Uzbekistan surged to X units, with an increase of X% against 2021 figures. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, continuous-action elevators and conveyors exports soared to $X in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Kyrgyzstan (X units), Azerbaijan (X units) and Georgia (X units) were the main destinations of continuous-action elevators and conveyors exports from Uzbekistan, with a combined X% share of total exports.

From 2017 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Azerbaijan ($X) emerged as the key foreign market for continuous-action elevators and conveyors exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was taken by Georgia ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Azerbaijan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the average continuous-action elevators and conveyors export price amounted to $X per unit, falling by X% against the previous year. Overall, the export price faced a dramatic decline. The most prominent rate of growth was recorded in 2020 a decrease of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($X per unit), while the average price for exports to Kyrgyzstan ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (X%), while the prices for the other major destinations experienced a decline.

Imports of Continuous-Action Elevators And Conveyors

Imports into Uzbekistan

Continuous-action elevators and conveyors imports into Uzbekistan dropped slightly to X units in 2022, shrinking by X% against 2021. Over the period under review, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, continuous-action elevators and conveyors imports contracted dramatically to $X in 2022. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest continuous-action elevators and conveyors supplier to Uzbekistan, with a X% share of total imports. Moreover, continuous-action elevators and conveyors imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold. The third position in this ranking was taken by Russia (X units), with a X% share.

From 2017 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Russia (X% per year).

In value terms, China ($X) constituted the largest supplier of continuous-action elevators and conveyors to Uzbekistan, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2017 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Germany (X% per year).

Import Prices by Country

The average continuous-action elevators and conveyors import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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