Uzbekistan: Liquid Supply Meter Market 2024

Liquid Supply Meter Market Size in Uzbekistan

In 2021, the Uzbek liquid supply meter market increased by 3.3% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, saw a noticeable reduction. Liquid supply meter consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Liquid Supply Meter Production in Uzbekistan

In value terms, liquid supply meter production fell slightly to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when the production volume increased by 48% against the previous year. Liquid supply meter production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Liquid Supply Meter Exports

Exports from Uzbekistan

Liquid supply meter exports from Uzbekistan expanded remarkably to X units in 2021, growing by 14% against the previous year's figure. In general, exports posted a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by 250%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, liquid supply meter exports dropped notably to $X in 2021. Over the period under review, exports, however, continue to indicate a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 579% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Tajikistan (X units) was the main destination for liquid supply meter exports from Uzbekistan, accounting for a 75% share of total exports. Moreover, liquid supply meter exports to Tajikistan exceeded the volume sent to the second major destination, Azerbaijan (X units), fivefold.

From 2017 to 2021, the average annual rate of growth in terms of volume to Tajikistan amounted to -14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (0.0% per year) and Ukraine (0.0% per year).

In value terms, Tajikistan ($X) remains the key foreign market for liquid supply or production meters exports from Uzbekistan, comprising 83% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 13% share of total exports.

From 2017 to 2021, the average annual growth rate of value to Tajikistan totaled -33.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (0.0% per year) and Ukraine (0.0% per year).

Export Prices by Country

The average liquid supply meter export price stood at $X per unit in 2021, which is down by -28.8% against the previous year. Over the period under review, the export price continues to indicate a sharp decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 132%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-22.6%).

Liquid Supply Meter Imports

Imports into Uzbekistan

For the fifth consecutive year, Uzbekistan recorded growth in supplies from abroad of liquid supply or production meters, which increased by 93% to X units in 2021. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 468% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, liquid supply meter imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Ukraine (X units), China (X units) and Russia (X units) were the main suppliers of liquid supply meter imports to Uzbekistan, with a combined 96% share of total imports.

From 2017 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +252.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X) constituted the largest supplier of liquid supply or production meters to Uzbekistan, comprising 62% of total imports. The second position in the ranking was taken by Russia ($X), with a 29% share of total imports. It was followed by China, with a 6% share.

From 2017 to 2021, the average annual rate of growth in terms of value from Ukraine totaled +28.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+52.1% per year) and China (+62.6% per year).

Import Prices by Country

The average liquid supply meter import price stood at $X per unit in 2021, remaining constant against the previous year. Over the period under review, the import price, however, saw a precipitous descent. The pace of growth was the most pronounced in 2019 an increase of 11%. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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 Russia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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