Uzbekistan - Furniture, Bases and Covers for Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUzbekistan: Sewing Machine Furniture Market 2024
Sewing Machine Furniture Market Size in Uzbekistan
After three years of growth, the Uzbek sewing machine furniture market decreased by -96.5% to $X in 2022. Over the period under review, consumption faced a precipitous shrinkage. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.
Sewing Machine Furniture Production in Uzbekistan
In value terms, sewing machine furniture production fell markedly to $X in 2022 estimated in export price. Overall, production, however, faced a sharp shrinkage. The pace of growth was the most pronounced in 2021 when the production volume increased by 1,045% against the previous year. As a result, production reached the peak level of $X, and then dropped markedly in the following year.
Sewing Machine Furniture Exports
Exports from Uzbekistan
In 2022, approx. X tons of furniture, bases and covers for sewing machines were exported from Uzbekistan; with an increase of 410,846% against 2021. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sewing machine furniture exports surged to $X in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Tajikistan (X tons) was the main destination for sewing machine furniture exports from Uzbekistan, accounting for a 99% share of total exports. It was followed by Kyrgyzstan (X kg), with a 1.4% share of total exports.
From 2021 to 2022, the average annual growth rate of volume to Tajikistan totaled +478,736.4%.
In value terms, Tajikistan ($X) remains the key foreign market for furniture, bases and covers for sewing machines exports from Uzbekistan, comprising 99% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 0.6% share of total exports.
From 2021 to 2022, the average annual rate of growth in terms of value to Tajikistan totaled +698.2%.
Export Prices by Country
The average sewing machine furniture export price stood at $X per ton in 2022, which is down by -99.8% against the previous year. Over the period under review, the export price saw a dramatic downturn. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then shrank sharply in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Kyrgyzstan totaled $X per ton.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-99.8%).
Sewing Machine Furniture Imports
Imports into Uzbekistan
In 2022, supplies from abroad of furniture, bases and covers for sewing machines increased by 33% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports posted modest growth. The growth pace was the most rapid in 2018 with an increase of 311% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sewing machine furniture imports expanded to $X in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 157%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Imports by Country
Turkey (X tons), India (X tons) and China (X kg) were the main suppliers of sewing machine furniture imports to Uzbekistan, with a combined 80% share of total imports. Germany, Vietnam, Italy and the United Arab Emirates lagged somewhat behind, together accounting for a further 16%.
From 2017 to 2022, the biggest increases were recorded for Italy (with a CAGR of +122.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest sewing machine furniture suppliers to Uzbekistan were Turkey ($X), China ($X) and Germany ($X), together comprising 78% of total imports. Vietnam, India, Italy and the United Arab Emirates lagged somewhat behind, together comprising a further 17%.
Italy, with a CAGR of +263.5%, recorded the highest rates of growth with regard to 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 sewing machine furniture import price stood at $X per ton in 2022, with a decrease of -23.3% against the previous year. Over the period under review, the import price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2021 when the average import price increased by 121%. As a result, import price reached the peak level of $X per ton, and then declined significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($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 (+85.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sewing machine furniture 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 28945260 - Furniture, bases and covers for sewing machines and parts thereof, other parts of sewing machines
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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