Uzbekistan: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in Uzbekistan

The Uzbek market for electro-thermic appliances or domestic purposes contracted remarkably to $X in 2021, reducing by -73.7% 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). In general, consumption, however, continues to indicate a moderate expansion. Electro-thermic appliances or domestic purposes consumption peaked at $X in 2020, and then contracted sharply in the following year.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports from Uzbekistan

In 2021, approx. X units of electro-thermic appliances or domestic purposes were exported from Uzbekistan; increasing by 17% on 2020. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 543% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, electro-thermic appliances or domestic purposes exports surged to $X in 2021. Overall, exports saw significant growth. The growth pace was the most rapid in 2017 with an increase of 530%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Kazakhstan (X units), Tajikistan (X units) and Ukraine (X units) were the main destinations of electro-thermic appliances or domestic purposes exports from Uzbekistan, together comprising 81% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of +42,768.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electro-thermic appliances or domestic purposes exported from Uzbekistan were Kazakhstan ($X), Tajikistan ($X) and Ukraine ($X), together comprising 81% of total exports.

Kazakhstan, with a CAGR of +22,346.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for electro-thermic appliances or domestic purposes amounted to $X per unit, surging by 152% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, the countries with the highest prices were Azerbaijan ($X per unit) and Ukraine ($X per unit), while the average price for exports to Tajikistan ($X per unit) and Kazakhstan ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+40.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports into Uzbekistan

In 2021, the amount of electro-thermic appliances or domestic purposes imported into Uzbekistan contracted remarkably to X units, which is down by -69.4% on the previous year's figure. Over the period under review, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 1,113%. Over the period under review, imports hit record highs at X units in 2020, and then dropped remarkably in the following year.

In value terms, electro-thermic appliances or domestic purposes imports dropped sharply to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 652% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then fell sharply in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electro-thermic appliances or domestic purposes to Uzbekistan, with a 88% share of total imports. Moreover, electro-thermic appliances or domestic purposes imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-11.8% per year) and the United Arab Emirates (-29.2% per year).

In value terms, China ($X) constituted the largest supplier of electro-thermic appliances or domestic purposes to Uzbekistan, comprising 76% of total imports. The second position in the ranking was held by Russia ($X), with a 6.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+7.7% per year) and the United Arab Emirates (-31.4% per year).

Import Prices by Country

In 2021, the average import price for electro-thermic appliances or domestic purposes amounted to $X per unit, with a decrease of -22.8% against the previous year. In general, the import price recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 129%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+22.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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