Uzbekistan: Market for Mechanical Shovels, Excavators And Shovel Loaders 2025

Market Size for Mechanical Shovels, Excavators And Shovel Loaders in Uzbekistan

In 2021, the Uzbek mechanical shovel and excavator market decreased by -19% to $X, falling for the second year in a row after eight years of growth. In general, consumption, however, recorded resilient growth. Mechanical shovel and excavator consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Mechanical Shovels, Excavators And Shovel Loaders in Uzbekistan

In value terms, mechanical shovel and excavator production plummeted to $X in 2021 estimated in export price. Overall, production faced a dramatic decrease. The pace of growth was the most pronounced in 2014 with an increase of 8.9%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Mechanical Shovels, Excavators And Shovel Loaders

Exports from Uzbekistan

Mechanical shovel and excavator exports from Uzbekistan surged to X units in 2021, with an increase of 29% compared with 2020 figures. The total export volume increased at an average annual rate of +6.7% over the period from 2017 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mechanical shovel and excavator exports stood at $X in 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 255% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Afghanistan (X units), Kyrgyzstan (X units) and Tajikistan (X units) were the main destinations of mechanical shovel and excavator exports from Uzbekistan, together accounting for 64% of total exports.

From 2017 to 2021, the biggest increases were recorded for Afghanistan (with a CAGR of +200.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mechanical shovel and excavator exported from Uzbekistan were Tajikistan ($X), Afghanistan ($X) and Kyrgyzstan ($X), together comprising 57% of total exports.

Tajikistan, with a CAGR of +508.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average mechanical shovel and excavator export price amounted to $X per unit, which is down by -11.3% against the previous year. Overall, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 255%. The export price peaked at $X per unit in 2020, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while the average price for exports to Afghanistan ($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 (+508.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Shovels, Excavators And Shovel Loaders

Imports into Uzbekistan

In 2021, supplies from abroad of mechanical shovels, excavators and shovel loaders decreased by -23.3% to X units, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 167%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, mechanical shovel and excavator imports fell dramatically to $X in 2021. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 201%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Russia (X units) and South Korea (X units) were the main suppliers of mechanical shovel and excavator imports to Uzbekistan, together accounting for 84% of total imports.

From 2017 to 2021, the biggest increases were recorded for Russia (with a CAGR of +56.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mechanical shovel and excavator suppliers to Uzbekistan were China ($X), Russia ($X) and South Korea ($X), together accounting for 84% of total imports.

Russia, with a CAGR of +46.8%, recorded the highest rates of growth with regard to 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

The average mechanical shovel and excavator import price stood at $X per unit in 2021, increasing by 8.4% against the previous year. Over the last four-year period, it increased at an average annual rate of +6.4%. The most prominent rate of growth was recorded in 2020 an increase of 14%. The import price peaked in 2021 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were South Korea ($X per unit) and Russia ($X per unit), while the price for Kazakhstan ($X per unit) and Estonia ($X per unit) were amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+24.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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