Uzbekistan: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Uzbekistan

The Uzbek market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption enjoyed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Uzbekistan

In value terms, production of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) expanded significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 20% against the previous year. Over the period under review, production of hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports from Uzbekistan

For the sixth consecutive year, Uzbekistan recorded growth in overseas shipments of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), which increased by 31% to X kg in 2021. Over the period under review, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) totaled $X in 2021. Overall, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +114.5% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X kg) was the main destination for exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Uzbekistan, with a 90% share of total exports. Moreover, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) to Russia exceeded the volume sent to the second major destination, Tajikistan (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (0.0% per year) and China (0.0% per year).

In value terms, Russia ($X) remains the key foreign market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) exports from Uzbekistan, comprising 94% of total exports. The second position in the ranking was taken by China ($X), with a 3.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and Tajikistan (0.0% per year).

Export Prices by Country

The average export price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) stood at $X per ton in 2021, dropping by -12.3% against the previous year. Over the period under review, the export price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2015 an increase of 39% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.6%).

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports into Uzbekistan

In 2021, approx. X tons of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) were imported into Uzbekistan; rising by 65,360% against the previous year's figure. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) skyrocketed to $X in 2021. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of internal combustion engine (excl. diesel, moto vehicle and aircraft) to Uzbekistan, with a 76% share of total imports. Moreover, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +1,893.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+560.2% per year) and Kazakhstan (+116.4% per year).

In value terms, Italy ($X) constituted the largest supplier of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) to Uzbekistan, comprising 82% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +1,665.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+433.9% per year) and Kazakhstan (+59.1% per year).

Import Prices by Country

In 2021, the average import price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X per ton, shrinking by -22.2% against the previous year. Over the period under review, the import price, however, saw a significant expansion. The pace of growth was the most pronounced in 2017 an increase of 893%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-11.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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