Report Update Nov 1, 2024

Uzbekistan - Machines for Working Wire - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Working Wire Machine Market 2024

Working Wire Machine Market Size in Uzbekistan

After nine years of growth, the Uzbek working wire machine market decreased by -69.5% to $X in 2021. Over the period under review, consumption, however, enjoyed a prominent expansion. As a result, consumption reached the peak level of $X, and then fell remarkably in the following year.

Working Wire Machine Production in Uzbekistan

In value terms, working wire machine production rose sharply to $X in 2021 estimated in export price. Over the period under review, production showed a pronounced decrease. The pace of growth appeared the most rapid in 2016 with an increase of 28% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Working Wire Machine Exports

Exports from Uzbekistan

In 2021, overseas shipments of machines for working wire decreased by -33.3% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, continue to indicate significant growth. Over the period under review, the exports attained the peak figure at X units in 2020, and then contracted significantly in the following year.

In value terms, working wire machine exports dropped remarkably to $X in 2021. In general, exports recorded a dramatic decline. The exports peaked at $X in 2020, and then shrank dramatically in the following year.

Exports by Country

Kyrgyzstan (X units) and Kazakhstan (X units) were the main destinations of working wire machine exports from Uzbekistan.

From 2018 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of 0.0%).

In value terms, Kazakhstan ($X) emerged as the key foreign market for machines for working wire exports from Uzbekistan, comprising 83% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 17% share of total exports.

From 2018 to 2021, the average annual rate of growth in terms of value to Kazakhstan amounted to -30.7%.

Export Prices by Country

In 2021, the average working wire machine export price amounted to $X per unit, with a decrease of -98% against the previous year. In general, the export price continues to indicate a sharp slump. The export price peaked at $X per unit in 2020, and then contracted dramatically in the following year.

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

From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-32.5%).

Working Wire Machine Imports

Imports into Uzbekistan

In 2021, purchases abroad of machines for working wire decreased by -27.4% to X units, falling for the second consecutive year after three years of growth. In general, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2018 with an increase of 98% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, working wire machine imports reduced notably to $X in 2021. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 183%. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2021, China (X units) constituted the largest working wire machine supplier to Uzbekistan, with a 84% share of total imports. Moreover, working wire machine imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold. Kazakhstan (X units) ranked third in terms of total imports with a 3% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from China amounted to +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+13.6% per year) and Kazakhstan (-18.4% per year).

In value terms, China ($X) constituted the largest supplier of machines for working wire to Uzbekistan, comprising 68% of total imports. The second position in the ranking was held by Turkey ($X), with a 20% share of total imports. It was followed by Iran, with a 3.9% share.

From 2017 to 2021, the average annual rate of growth in terms of value from China stood at +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+20.0% per year) and Iran (+21.1% per year).

Import Prices by Country

The average working wire machine import price stood at $X per unit in 2021, with a decrease of -60.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 226%. As a result, import price reached the peak level of $X per unit, and then fell remarkably in the following year.

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 Turkey ($X per unit), while the price for Kazakhstan ($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 (+7.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for working wire in the world?

The countries with the highest volumes of working wire machine consumption in 2021 were South Africa, China and the United States, together accounting for 90% of global consumption.

What are the largest producers of machines for working wire in the world?

The country with the largest volume of working wire machine production was China, accounting for 74% of total volume. Moreover, working wire machine production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The UK ranked third in terms of total production with a 1.8% share.

What are the leading suppliers of machines for working wire to Uzbekistan?

In value terms, China constituted the largest supplier of working wire machine to Uzbekistan, comprising 54% of total imports. The second position in the ranking was occupied by Italy, with a 22% share of total imports. It was followed by Turkey, with a 16% share.

What is the average export price for machines for working wire in Uzbekistan?

The average working wire machine export price stood at $13,477 per unit in 2020, remaining constant against the previous year.

What is the average import price for machines for working wire in Uzbekistan?

In 2021, the average working wire machine import price amounted to $7,793 per unit, dropping by -77.7% against the previous year.

This report provides an in-depth analysis of the working wire machine 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 28413450 - Machines for working wire (excluding draw-benches, thread rolling machines)

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