Uzbekistan: Electrical Insulator Market 2025

Electrical Insulator Market Size in Uzbekistan

The Uzbek electrical insulator market fell to $X in 2022, waning by -9.9% against the previous year. In general, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +18.8% against 2016 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank in the following year.

Electrical Insulator Production in Uzbekistan

In value terms, electrical insulator production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 40%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Electrical Insulator Exports

Exports from Uzbekistan

In 2022, the amount of electrical insulators exported from Uzbekistan surged to X units, jumping by 1,643% on the previous year's figure. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2018 with an increase of 7,609%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, electrical insulator exports surged to $X in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 463% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Kazakhstan (X units) was the main destination for electrical insulator exports from Uzbekistan, accounting for a 49% share of total exports. Moreover, electrical insulator exports to Kazakhstan exceeded the volume sent to the second major destination, Kyrgyzstan (X units), twofold. The third position in this ranking was taken by Tajikistan (X units), with a 13% share.

From 2017 to 2022, the average annual growth rate of volume to Kazakhstan totaled +397.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+159.6% per year) and Tajikistan (+353.1% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for electrical insulators exports from Uzbekistan, comprising 43% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 19% share of total exports. It was followed by Tajikistan, with a 12% share.

From 2017 to 2022, the average annual growth rate of value to Kazakhstan totaled +71.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+20.2% per year) and Tajikistan (+59.3% per year).

Export Prices by Country

In 2022, the average electrical insulator export price amounted to $X per unit, falling by -88% against the previous year. Over the period under review, the export price showed a sharp decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 352% against the previous year. 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 failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Georgia ($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 (-53.7%), while the prices for the other major destinations experienced a decline.

Electrical Insulator Imports

Imports into Uzbekistan

In 2022, electrical insulator imports into Uzbekistan soared to X units, increasing by 27% compared with the previous year. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, electrical insulator imports expanded rapidly to $X in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 59%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X units) constituted the largest electrical insulator supplier to Uzbekistan, accounting for a 70% share of total imports. Moreover, electrical insulator imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold.

From 2017 to 2022, the average annual growth rate of volume from Russia totaled +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+89.8% per year) and China (+20.1% per year).

In value terms, the largest electrical insulator suppliers to Uzbekistan were Russia ($X), Turkey ($X) and China ($X), with a combined 99% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +99.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical insulator import price stood at $X per unit in 2022, dropping by -10.4% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 37% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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