Uzbekistan: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Uzbekistan

For the tenth year in a row, the Uzbek market for in-hand motor grinders, sanders and planers recorded growth in sales value, which increased by 47% to $X in 2021. Overall, consumption, however, enjoyed a significant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Production of In-Hand Motor Grinders, Sanders And Planers in Uzbekistan

In value terms, production of in-hand motor grinders, sanders and planers declined to $X in 2021 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +55.4% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of 37% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020, and then shrank in the following year.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from Uzbekistan

In 2021, shipments abroad of in-hand motor grinders, sanders and planers increased by 52% to X units, rising for the third consecutive year after six years of decline. In general, exports posted a buoyant increase. The growth pace was the most rapid in 2019 when exports increased by 900%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, exports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. Over the period under review, exports showed a strong increase. The growth pace was the most rapid in 2019 with an increase of 2,579% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

China (X units) was the main destination for exports of in-hand motor grinders, sanders and planers from Uzbekistan, accounting for a 66% share of total exports. Moreover, exports of in-hand motor grinders, sanders and planers to China exceeded the volume sent to the second major destination, Ukraine (X units), twofold. The third position in this ranking was taken by Russia (X units), with a 0.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China stood at +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+41.7% per year) and Russia (-29.9% per year).

In value terms, China ($X) remains the key foreign market for electromechanical tools for working in the hand, with self-contained electric motor exports from Uzbekistan, comprising 86% of total exports. The second position in the ranking was held by Ukraine ($X), with a 12% share of total exports. It was followed by Russia, with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+45.2% per year) and Russia (-27.7% per year).

Export Prices by Country

The average export price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, increasing by 18% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 158% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while the average price for exports to Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into Uzbekistan

After four years of growth, supplies from abroad of in-hand motor grinders, sanders and planers decreased by -34.4% to X units in 2021. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 116%. Imports peaked at X units in 2020, and then dropped notably in the following year.

In value terms, imports of in-hand motor grinders, sanders and planers soared to $X in 2021. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2019 when imports increased by 105% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electromechanical tools for working in the hand, with self-contained electric motor to Uzbekistan, with a 86% share of total imports. Moreover, imports of in-hand motor grinders, sanders and planers from China exceeded the figures recorded by the second-largest supplier, Russia (X units), more than tenfold. The third position in this ranking was held by Kazakhstan (X units), with a 2.7% share.

From 2017 to 2021, the average annual growth rate of volume from China stood at +40.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+17.5% per year) and Kazakhstan (+32.6% per year).

In value terms, China ($X) constituted the largest supplier of electromechanical tools for working in the hand, with self-contained electric motor to Uzbekistan, comprising 73% of total imports. The second position in the ranking was taken by Russia ($X), with a 9.8% share of total imports. It was followed by Kazakhstan, with a 4.8% share.

From 2017 to 2021, the average annual growth rate of value from China totaled +88.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+24.6% per year) and Kazakhstan (+60.3% per year).

Import Prices by Country

In 2021, the average import price for in-hand motor grinders, sanders and planers amounted to $X per unit, with an increase of 124% against the previous year. Overall, the import price saw buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by China (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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