Uzbekistan: Electric Heating Resistor Market 2025

Electric Heating Resistor Market Size in Uzbekistan

In 2021, the Uzbek electric heating resistor market decreased by -10.5% to $X, falling for the second year in a row after eight years of growth. Overall, consumption continues to indicate significant growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Electric Heating Resistor Exports

Exports from Uzbekistan

In 2021, overseas shipments of electric heating resistors increased by 733% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, showed a sharp contraction. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, electric heating resistor exports soared to $X in 2021. Over the period under review, exports, however, saw a abrupt shrinkage. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Tajikistan (X units) was the main destination for electric heating resistor exports from Uzbekistan, accounting for a 77% share of total exports. Moreover, electric heating resistor exports to Tajikistan exceeded the volume sent to the second major destination, South Korea (X units), fourfold.

From 2017 to 2021, the average annual rate of growth in terms of volume to Tajikistan stood at +141.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (0.0% per year) and Ukraine (+108.0% per year).

In value terms, Tajikistan ($X) emerged as the key foreign market for electric heating resistors exports from Uzbekistan, comprising 93% of total exports. The second position in the ranking was held by South Korea ($X), with a 2.4% share of total exports.

From 2017 to 2021, the average annual growth rate of value to Tajikistan amounted to +159.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (0.0% per year) and Ukraine (+147.9% per year).

Export Prices by Country

The average electric heating resistor export price stood at $X per unit in 2021, dropping by -29.9% against the previous year. Over the period under review, export price indicated a resilient increase from 2017 to 2021: its price increased at an average annual rate of +7.4% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the average export price increased by 37%. As a result, the export price attained the peak level of $X per unit, and then dropped sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Tajikistan ($X per unit), while the average price for exports to South Korea ($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 Kazakhstan (+39.6%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Heating Resistor Imports

Imports into Uzbekistan

In 2021, approx. X units of electric heating resistors were imported into Uzbekistan; surging by 18% against the previous year. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 157%. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electric heating resistor imports reduced to $X in 2021. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 171% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X units), Italy (X units) and China (X units) were the main suppliers of electric heating resistor imports to Uzbekistan, together accounting for 59% of total imports. These countries were followed by South Korea, Russia, the United States and the United Arab Emirates, which together accounted for a further 21%.

From 2017 to 2021, the biggest increases were recorded for the United States (with a CAGR of +276.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and the United States ($X) constituted the largest electric heating resistor suppliers to Uzbekistan, with a combined 54% share of total imports.

The United States, with a CAGR of +275.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric heating resistor import price stood at $X per unit in 2021, dropping by -23.8% against the previous year. Overall, the import price recorded a deep slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 5.3% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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