Report Update Nov 1, 2024

Uzbekistan - Hydraulic Jacks and Hoists for Raising Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Hydraulic Jack Market 2024

Hydraulic Jack Market Size in Uzbekistan

In 2022, the Uzbek hydraulic jack market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption recorded a strong increase. Hydraulic jack consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Hydraulic Jack Exports

Exports from Uzbekistan

For the fifth year in a row, Uzbekistan recorded decline in overseas shipments of hydraulic jacks and hoists for raising vehicles, which decreased by -57.1% to X units in 2022. In general, exports faced a significant decrease. The smallest decline of -22.2% was in 2020. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic jack exports skyrocketed to $X in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 1,134%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X units), Turkey (X units) and Turkmenistan (X units) were the main destinations of hydraulic jack exports from Uzbekistan.

From 2017 to 2022, the biggest increases were recorded for Turkey (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) emerged as the key foreign market for hydraulic jacks and hoists for raising vehicles exports from Uzbekistan, comprising 99% of total exports. The second position in the ranking was taken by Turkmenistan ($X), with a 0.7% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Turkey totaled +230.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (-3.4% per year) and Russia (-4.1% per year).

Export Prices by Country

The average hydraulic jack export price stood at $X per unit in 2022, rising by 653% against the previous year. Overall, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2018 an increase of 1,554%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Russia ($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 Turkey (+230.3%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Jack Imports

Imports into Uzbekistan

In 2022, imports of hydraulic jacks and hoists for raising vehicles into Uzbekistan surged to X units, picking up by 34% on the previous year's figure. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 124%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, hydraulic jack imports soared to $X in 2022. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 72%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest hydraulic jack supplier to Uzbekistan, with a 89% share of total imports. Moreover, hydraulic jack imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold. The third position in this ranking was held by Russia (X units), with a 2.8% share.

From 2017 to 2022, the average annual growth rate of volume from China amounted to +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+74.9% per year) and Russia (+17.5% per year).

In value terms, the largest hydraulic jack suppliers to Uzbekistan were China ($X), Russia ($X) and Turkey ($X), with a combined 88% share of total imports. The United States and South Korea lagged somewhat behind, together comprising a further 7.5%.

The United States, with a CAGR of +115.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hydraulic jack import price amounted to $X per unit, shrinking by -7.5% against the previous year. In general, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 6%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.5%), 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 hydraulic jacks and hoists for raising vehicles in the world?

The countries with the highest volumes of in 2021 were China, the United States and Nigeria, together comprising 44% of global consumption.

What are the largest producers of hydraulic jacks and hoists for raising vehicles in the world?

China remains the largest hydraulic jack producing country worldwide, accounting for 65% of total volume. Moreover, hydraulic jack production in China exceeded the figures recorded by the second-largest producer, India, eightfold. Japan ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of hydraulic jacks and hoists for raising vehicles to Uzbekistan?

In value terms, China constituted the largest supplier of hydraulic jack to Uzbekistan, comprising 49% of total imports. The second position in the ranking was occupied by Thailand, with a 15% share of total imports. It was followed by the UK, with an 8.6% share.

What are the leading importers of hydraulic jacks and hoists for raising vehicles from Uzbekistan?

In value terms, Russia, China and Azerbaijan $174) were the largest markets for hydraulic jack exported from Uzbekistan worldwide.

What is the average export price for hydraulic jacks and hoists for raising vehicles in Uzbekistan?

In 2021, the average hydraulic jack export price amounted to $56 per unit, dropping by -59.8% against the previous year.

What is the average import price for hydraulic jacks and hoists for raising vehicles in Uzbekistan?

In 2021, the average hydraulic jack import price amounted to $88 per unit, waning by -42.7% against the previous year.

This report provides an in-depth analysis of the hydraulic jack 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 28221350 - Hydraulic jacks and hoists for raising vehicles (excluding those for use in garages)

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