Uzbekistan: Cylindrical Roller Bearing Market 2024

Cylindrical Roller Bearing Market Size in Uzbekistan

The Uzbek cylindrical roller bearing market reduced notably to $X in 2022, shrinking by -42% 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). Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021, and then reduced dramatically in the following year.

Cylindrical Roller Bearing Exports

Exports from Uzbekistan

In 2022, approx. X tons of cylindrical roller bearings were exported from Uzbekistan; growing by 44,743% against the previous year's figure. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cylindrical roller bearing exports soared to $X in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Germany (X tons), China (X tons) and Japan (X tons) was the largest exporter of cylindrical roller bearings in the world, comprising 53% of total export. Romania (X tons) ranks next in terms of the total exports with a 7.7% share, followed by Slovakia (5.6%). Taiwan (Chinese) (X tons), Kazakhstan (X tons), Canada (X tons), Russia (X tons), Hong Kong SAR (X tons), Poland (X tons), France (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2017 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +138.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest cylindrical roller bearing supplier from Uzbekistan, comprising 27% of global exports. The second position in the ranking was held by Japan ($X), with an 11% share of global exports. It was followed by China, with an 8.9% share.

From 2017 to 2022, the average annual growth rate of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+0.3% per year) and China (+2.7% per year).

Export Prices by Country

In 2022, the export price in Uzbekistan amounted to $X per ton, shrinking by -19.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+8.2%), while the other leaders experienced more modest paces of growth.

Cylindrical Roller Bearing Imports

Imports into Uzbekistan

In 2022, the amount of cylindrical roller bearings imported into Uzbekistan soared to X tons, jumping by 16% against the previous year's figure. Overall, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 203% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, cylindrical roller bearing imports reduced rapidly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 203% against the previous year. Uzbekistan imports peaked at $X in 2021, and then fell significantly in the following year.

Imports by Country

The countries with the highest levels of cylindrical roller bearing imports in 2022 were China (X tons), Russia (X tons) and Germany (X tons), together recording 42% of total import. It was distantly followed by the United States (X tons), constituting a 5.7% share of total imports. Spain (X tons), Mexico (X tons), Italy (X tons), Brazil (X tons), Thailand (X tons), South Korea (X tons), Indonesia (X tons), Turkey (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Indonesia (with a CAGR of +22.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cylindrical roller bearing importing markets into Uzbekistan were China ($X), Germany ($X) and the United States ($X), together comprising 43% of total imports. Mexico, Italy, Brazil, Russia, South Korea, Spain, Indonesia, Turkey, the Czech Republic and Thailand lagged somewhat behind, together comprising a further 23%.

Spain, with a CAGR of +19.9%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Uzbekistan amounted to $X per ton, with a decrease of -48% against the previous year. In general, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 an increase of 10%. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+19.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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