Uzbekistan: Electric Brazing Machine Market 2024

Electric Brazing Machine Market Size in Uzbekistan

The Uzbek electric brazing machine market skyrocketed to $X in 2022, with an increase of 156% 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, showed a dramatic shrinkage. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Electric Brazing Machine Exports

Exports from Uzbekistan

In 2022, overseas shipments of electric brazing or soldering machines and apparatus decreased by -40% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a sharp slump. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric brazing machine exports soared to $X in 2022. In general, exports saw a significant decline. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Tajikistan (X units) and Russia (X units) were the main destinations of electric brazing machine exports from Uzbekistan. Moreover, electric brazing machine exports in Tajikistan exceeded the figures recorded by the second-largest exporter, Russia, twofold.

From 2017 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of 0.0%).

In value terms, Tajikistan ($X) emerged as the key foreign market for electric brazing or soldering machines and apparatus exports from Uzbekistan, comprising 86% of total exports. The second position in the ranking was held by Russia ($X), with a 7.1% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Tajikistan stood at -33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-12.9% per year) and Kyrgyzstan (-70.5% per year).

Export Prices by Country

The average electric brazing machine export price stood at $X per unit in 2022, surging by 452% against the previous year. Overall, the export price, however, recorded a abrupt slump. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Russia ($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 Kyrgyzstan (+640.3%), while the prices for the other major destinations experienced a decline.

Electric Brazing Machine Imports

Imports into Uzbekistan

Electric brazing machine imports into Uzbekistan surged to X units in 2022, increasing by 185% on 2021. Over the period under review, imports, however, faced a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 457% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, electric brazing machine imports soared to $X in 2022. Overall, imports, however, saw a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 507% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest electric brazing machine supplier to Uzbekistan, with a 83% share of total imports. Moreover, electric brazing machine imports from China exceeded the figures recorded by the second-largest supplier, India (X units), tenfold. Turkey (X units) ranked third in terms of total imports with a 3.1% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from China stood at +57.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+61.7% per year) and Turkey (-9.5% per year).

In value terms, China ($X) constituted the largest supplier of electric brazing or soldering machines and apparatus to Uzbekistan, comprising 83% of total imports. The second position in the ranking was held by India ($X), with an 8.2% share of total imports. It was followed by Turkey, with a 3.1% share.

From 2017 to 2022, the average annual growth rate of value from China totaled +48.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+343.1% per year) and Turkey (-14.5% per year).

Import Prices by Country

The average electric brazing machine import price stood at $X per unit in 2022, which is down by -11.4% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($X per unit) and India ($X per unit), while the price for Lithuania ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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