Report Update Nov 1, 2024

Uzbekistan - Electrical Parts of Machinery or Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Machinery Electrical Parts Market 2024

Machinery Electrical Parts Market Size in Uzbekistan

The Uzbek machinery electrical parts market amounted to $X in 2022, growing by 1.9% against the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.9% against 2020 indices. Machinery electrical parts consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Machinery Electrical Parts Production in Uzbekistan

In value terms, machinery electrical parts production rose modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate resilient growth. The growth pace was the most rapid in 2019 with an increase of 29%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Machinery Electrical Parts Exports

Exports from Uzbekistan

In 2022, exports of electrical parts of machinery or apparatus from Uzbekistan contracted markedly to X tons, shrinking by -39.9% compared with 2021. Over the period under review, exports, however, posted significant growth. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, machinery electrical parts exports soared to $X in 2022. Overall, exports, however, recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for machinery electrical parts exports from Uzbekistan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China was relatively modest.

In value terms, China ($X) emerged as the key foreign market for electrical parts of machinery or apparatus exports from Uzbekistan.

From 2012 to 2022, the average annual growth rate of value to China was relatively modest.

Export Prices by Country

The average machinery electrical parts export price stood at $X per ton in 2022, picking up by 96% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to 0.0% per year.

Machinery Electrical Parts Imports

Imports into Uzbekistan

After three years of growth, overseas purchases of electrical parts of machinery or apparatus decreased by -51.7% to X tons in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 9,640% against the previous year. Imports peaked at X tons in 2021, and then contracted dramatically in the following year.

In value terms, machinery electrical parts imports fell significantly to $X in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 7,572% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank notably in the following year.

Imports by Country

The UK (X tons), Turkey (X tons) and China (X tons) were the main suppliers of machinery electrical parts imports to Uzbekistan, with a combined 84% share of total imports.

From 2017 to 2022, the biggest increases were recorded for China (with a CAGR of +310.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of electrical parts of machinery or apparatus to Uzbekistan, comprising 74% of total imports. The second position in the ranking was held by the UK ($X), with a 16% share of total imports. It was followed by Russia, with a 4.3% share.

From 2017 to 2022, the average annual growth rate of value from China stood at +212.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+87.3% per year) and Russia (+378.9% per year).

Import Prices by Country

The average machinery electrical parts import price stood at $X per ton in 2022, surging by 55% against the previous year. Over the period under review, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 136% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained 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 China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical parts of machinery or apparatus in the world?

The countries with the highest volumes of machinery electrical parts consumption in 2021 were China, the United States and India, with a combined 33% share of global consumption. These countries were followed by Japan, Italy, Pakistan, Nigeria, Brazil, Indonesia, Bangladesh, the UK, Mexico and France, which together accounted for a further 32%.

What are the largest producers of electrical parts of machinery or apparatus in the world?

The countries with the highest volumes of machinery electrical parts production in 2021 were China, the United States and India, together accounting for 36% of global production. These countries were followed by Japan, Italy, Pakistan, Nigeria, Brazil, the UK, Indonesia, Bangladesh, France and Mexico, which together accounted for a further 32%.

What are the leading suppliers of electrical parts of machinery or apparatus to Uzbekistan?

In value terms, China, Hong Kong SAR and Turkey appeared to be the largest machinery electrical parts suppliers to Uzbekistan, with a combined 92% share of total imports.

What is the average export price for electrical parts of machinery or apparatus in Uzbekistan?

In 2021, the average machinery electrical parts export price amounted to $142,872 per ton, stabilizing at the previous year.

What is the average import price for electrical parts of machinery or apparatus in Uzbekistan?

The average machinery electrical parts import price stood at $13 per kg in 2021, dropping by -99.4% against the previous year.

This report provides an in-depth analysis of the machinery electrical parts market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27903390 - Electrical parts of machinery or apparatus, n.e.c.

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023