Uzbekistan: Inflatable Vessel Market 2025

Inflatable Vessel Market Size in Uzbekistan

In 2021, after two years of growth, there was significant decline in the Uzbek inflatable vessel market, when its value decreased by -16.3% to $X. Over the period under review, consumption, however, continues to indicate a noticeable expansion. As a result, consumption reached the peak level of $X, and then contracted dramatically in the following year.

Inflatable Vessel Production in Uzbekistan

In value terms, inflatable vessel production fell to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. As a result, production reached the peak level of $X, and then shrank in the following year.

Inflatable Vessel Exports

Exports from Uzbekistan

In 2021, overseas shipments of inflatable vessels for pleasure or sports decreased by -14.3% to X units for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, exports showed a deep downturn. The smallest decline of -9.1% was in 2017. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, inflatable vessel exports shrank to $X in 2021. Overall, exports continue to indicate a deep contraction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for inflatable vessel exports from Uzbekistan, accounting for a 83% share of total exports. Moreover, inflatable vessel exports to Russia exceeded the volume sent to the second major destination, Switzerland (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to -14.7%.

In value terms, Russia ($X) remains the key foreign market for inflatable vessels for pleasure or sports exports from Uzbekistan, comprising 100% of total exports. The second position in the ranking was held by Switzerland ($X), with a 0.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia amounted to -5.7%.

Export Prices by Country

The average inflatable vessel export price stood at $X per unit in 2021, rising by 10% against the previous year. In general, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, inflatable vessel export price increased by +105.7% against 2012 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 18%. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Switzerland stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+45.4%).

Inflatable Vessel Imports

Imports into Uzbekistan

After four years of growth, purchases abroad of inflatable vessels for pleasure or sports decreased by -74.2% to X units in 2021. Over the period under review, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 380%. As a result, imports reached the peak of X units, and then contracted remarkably in the following year.

In value terms, inflatable vessel imports declined rapidly to $X in 2021. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 518% against the previous year. As a result, imports reached the peak of $X, and then fell remarkably in the following year.

Imports by Country

Ukraine (X units), Russia (X units) and China (X units) were the main suppliers of inflatable vessel imports to Uzbekistan, together accounting for 98% of total imports.

From 2017 to 2021, the biggest increases were recorded for Russia (with a CAGR of +18.9%), while purchases for the other leaders experienced a decline.

In value terms, Ukraine ($X), Russia ($X) and China ($X) were the largest inflatable vessel suppliers to Uzbekistan, together accounting for 88% of total imports.

Russia, with a CAGR of +27.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average inflatable vessel import price amounted to $X per unit, increasing by 12% against the previous year. Overall, import price indicated a buoyant expansion from 2017 to 2021: its price increased at an average annual rate of +12.9% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, inflatable vessel import price increased by +65.6% against 2018 indices. The pace of growth appeared the most rapid in 2020 an increase of 29%. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Ukraine ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+81.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :