Uzbekistan: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2024

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Uzbekistan

The Uzbek market for iron or steel gas domestic cooking appliances and plate warmers declined sharply to $X in 2022, shrinking by -18.6% against the previous year. In general, consumption, however, showed a perceptible slump. The pace of growth was the most pronounced in 2018 with an increase of 5.1% against the previous year. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Uzbekistan

In value terms, production of iron or steel gas domestic cooking appliances and plate warmers reached $X in 2022 estimated in export price. Over the period under review, production showed a modest increase. The growth pace was the most rapid in 2020 when the production volume increased by 5.3%. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Uzbekistan

In 2022, approx. X units of iron or steel gas domestic cooking appliances and plate warmers were exported from Uzbekistan; growing by 3.5% compared with the previous year's figure. Overall, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 63%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers contracted rapidly to $X in 2022. Over the period under review, exports showed buoyant growth. The pace of growth appeared the most rapid in 2019 with an increase of 61%. Over the period under review, the exports of reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X units), Tajikistan (X units) and Russia (X units) were the main destinations of exports of iron or steel gas domestic cooking appliances and plate warmers from Uzbekistan, with a combined 94% share of total exports.

From 2017 to 2022, the biggest increases were recorded for Tajikistan (with a CAGR of +50.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) remains the key foreign market for iron or steel gas domestic cooking appliances and plate warmers exports from Uzbekistan, comprising 63% of total exports. The second position in the ranking was held by Russia ($X), with a 20% share of total exports. It was followed by Tajikistan, with an 8% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+48.0% per year) and Tajikistan (+57.8% per year).

Export Prices by Country

In 2022, the average export price for iron or steel gas domestic cooking appliances and plate warmers amounted to $X per unit, with a decrease of -21.2% against the previous year. Overall, the export price saw a pronounced decline. The pace of growth appeared the most rapid in 2018 an increase of 22% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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 Russia ($X per unit), while the average price for exports to Tajikistan ($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 Russia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Uzbekistan

In 2022, overseas purchases of iron or steel gas domestic cooking appliances and plate warmers decreased by -4.1% to X units, falling for the second year in a row after four years of growth. Overall, total imports indicated a buoyant increase from 2017 to 2022: its volume increased at an average annual rate of +10.1% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 32%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers reached $X in 2022. In general, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Belarus (X units) constituted the largest iron or steel gas domestic cooking appliances and plate warmers supplier to Uzbekistan, with a 55% share of total imports. Moreover, imports of iron or steel gas domestic cooking appliances and plate warmers from Belarus exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. China (X units) ranked third in terms of total imports with an 18% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Belarus amounted to +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+12.1% per year) and China (-2.3% per year).

In value terms, Belarus ($X) constituted the largest supplier of iron or steel gas domestic cooking appliances and plate warmers to Uzbekistan, comprising 66% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports. It was followed by Turkey, with a 9.8% share.

From 2017 to 2022, the average annual growth rate of value from Belarus totaled +26.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.3% per year) and Turkey (+6.1% per year).

Import Prices by Country

The average import price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, with an increase of 5.5% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +8.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform