Report Update Nov 1, 2024

Uzbekistan - Grinding, Sanding or Polishing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Market for Grinding, Sanding and Polishing Machines 2024

Market Size for Grinding, Sanding and Polishing Machines in Uzbekistan

The Uzbek market for grinding, sanding and polishing machines declined notably to $X in 2021, with a decrease of -62.1% 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). Over the period under review, consumption continues to indicate a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Grinding, Sanding and Polishing Machines

Exports from Uzbekistan

In 2021, approx. X units of grinding, sanding and polishing machines were exported from Uzbekistan; jumping by 1,100% against the previous year. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, grinding, sanding and polishing machine exports surged to $X in 2021. Overall, exports recorded a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Iran (X units) was the main destination for grinding, sanding and polishing machine exports from Uzbekistan, with a approx. 100% share of total exports.

From 2017 to 2021, the average annual growth rate of volume to Iran stood at +2,300.0%.

In value terms, Iran ($X) also remains the key foreign market for grinding, sanding and polishing machines exports from Uzbekistan.

From 2017 to 2021, the average annual rate of growth in terms of value to Iran stood at +44,750.0%.

Export Prices by Country

The average export price for grinding, sanding and polishing machines stood at $X per unit in 2021, reducing by -7.7% against the previous year. In general, the export price saw a dramatic curtailment. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2017 to 2021, the rate of growth in terms of prices for Iran amounted to +1,760.9% per year.

Imports of Grinding, Sanding and Polishing Machines

Imports into Uzbekistan

In 2021, approx. X units of grinding, sanding and polishing machines were imported into Uzbekistan; waning by -62.7% against the previous year's figure. Over the period under review, imports saw a sharp reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 119%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, grinding, sanding and polishing machine imports declined significantly to $X in 2021. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 139% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest grinding, sanding and polishing machine supplier to Uzbekistan, with a 39% share of total imports. Moreover, grinding, sanding and polishing machine imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), twofold. The third position in this ranking was taken by Turkey (X units), with a 14% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from China totaled -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+114.1% per year) and Turkey (+26.6% per year).

In value terms, China ($X) constituted the largest supplier of grinding, sanding and polishing machines to Uzbekistan, comprising 39% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by Turkey, with an 11% share.

From 2017 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.4% per year) and Turkey (+61.2% per year).

Import Prices by Country

In 2021, the average import price for grinding, sanding and polishing machines amounted to $X per unit, picking up by 25% against the previous year. In general, import price indicated resilient growth from 2017 to 2021: its price increased at an average annual rate of +11.4% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grinding, sanding and polishing machine import price increased by +54.0% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Kazakhstan ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+103.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grinding, sanding and polishing machines in the world?

The countries with the highest volumes of grinding, sanding and polishing machine consumption in 2021 were the United States, China and the Netherlands, with a combined 37% share of global consumption.

What are the largest producers of grinding, sanding and polishing machines in the world?

China remains the largest grinding, sanding and polishing machine producing country worldwide, accounting for 43% of total volume. Moreover, grinding, sanding and polishing machine production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Japan, with a 5.5% share.

What are the leading suppliers of grinding, sanding and polishing machines to Uzbekistan?

In value terms, China constituted the largest supplier of grinding, sanding and polishing machine to Uzbekistan, comprising 41% of total imports. The second position in the ranking was occupied by Germany, with a 14% share of total imports. It was followed by Switzerland, with a 12% share.

What are the leading importers of grinding, sanding and polishing machines from Uzbekistan?

In value terms, Iran $656) remains the key foreign market for grinding, sanding and polishing machine exports from Uzbekistan.

What is the average export price for grinding, sanding and polishing machines in Uzbekistan?

In 2021, the average export price for grinding, sanding and polishing machines amounted to $656 per unit, picking up by 20% against the previous year.

What is the average import price for grinding, sanding and polishing machines in Uzbekistan?

The average import price for grinding, sanding and polishing machines stood at $2,059 per unit in 2021, growing by 30% against the previous year.

This report provides an in-depth analysis of the market for grinding, sanding and polishing machine 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 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials

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