Report Update Nov 1, 2024

Uzbekistan - Lifting Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Lifting Equipment Market 2024

Lifting Equipment Market Size in Uzbekistan

The Uzbek lifting equipment market totaled $X in 2021, rising by 1.9% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Lifting equipment consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Lifting Equipment Production in Uzbekistan

In value terms, lifting equipment production rose modestly to $X in 2021 estimated in export price. In general, production, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by 35% against the previous year. Lifting equipment production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Lifting Equipment Exports

Exports from Uzbekistan

In 2020, exports of lifting equipment from Uzbekistan stood at X units, approximately reflecting 2019 figures. Overall, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2019. Over the period under review, the exports attained the peak figure in 2020 and are expected to retain growth in the immediate term.

In value terms, lifting equipment exports totaled $X in 2020. In general, exports faced a sharp slump. The smallest decline of 99.9% was in 2019. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2020, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for lifting equipment exports from Uzbekistan, accounting for a approx. 100% share of total exports.

From 2018 to 2020, the average annual rate of growth in terms of volume to China was relatively modest.

From 2018 to 2020, the average annual rate of growth in terms of value to China totaled -26.2%.

Export Prices by Country

The average lifting equipment export price stood at $X per unit in 2020, approximately reflecting the previous year. In general, the export price continues to indicate a sharp curtailment. The growth pace was the most rapid in 2019 a decrease of 99.9%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2018 to 2020, the rate of growth in terms of prices for China amounted to -26.2% per year.

Lifting Equipment Imports

Imports into Uzbekistan

In 2021, overseas purchases of lifting equipment decreased by -12.1% to X units for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 84% against the previous year. As a result, imports attained the peak of X units, and then dropped in the following year.

In value terms, lifting equipment imports skyrocketed to $X in 2021. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,193%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

China (X units), Spain (X units) and the UK (X units) were the main suppliers of lifting equipment imports to Uzbekistan, with a combined 89% share of total imports. These countries were followed by Russia, Poland, Italy, Turkey and Germany, which together accounted for a further 11%.

From 2017 to 2021, the biggest increases were recorded for Russia (with a CAGR of +39.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lifting equipment suppliers to Uzbekistan were Spain ($X), the UK ($X) and China ($X), with a combined 79% share of total imports. Russia, Poland, Italy, Germany and Turkey lagged somewhat behind, together comprising a further 14%.

Russia, with a CAGR of +136.7%, saw 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 more modest paces of growth.

Import Prices by Country

In 2021, the average lifting equipment import price amounted to $X per unit, jumping by 69% against the previous year. Over the period under review, the import price recorded a significant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 603% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+67.1%), 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 lifting equipment in the world?

The countries with the highest volumes of lifting equipment consumption in 2020 were China, the United States and India, together comprising 35% of global consumption. Italy, Japan, Germany, Brazil, Russia, Pakistan, Bangladesh, Indonesia, France and Ethiopia lagged somewhat behind, together comprising a further 33%.

What are the largest producers of lifting equipment in the world?

The country with the largest volume of lifting equipment production was China, comprising approx. 21% of total volume. Moreover, lifting equipment production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of lifting equipment to Uzbekistan?

In value terms, the largest lifting equipment suppliers to Uzbekistan were China, Russia and Turkey, together accounting for 66% of total imports.

What is the average export price for lifting equipment in Uzbekistan?

In 2020, the average lifting equipment export price amounted to $82 per unit, stabilizing at the previous year.

What is the average import price for lifting equipment in Uzbekistan?

The average lifting equipment import price stood at $1,753 per unit in 2020, growing by 33% against the previous year.

This report provides an in-depth analysis of the lifting equipment 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 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

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