Uzbekistan: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Uzbekistan

The Uzbek motor vehicle engine market dropped sharply to $X in 2021, declining by -23.2% against the previous year. In general, consumption, however, saw a resilient expansion. As a result, consumption reached the peak level of $X, and then contracted significantly in the following year.

Motor Vehicle Engine Production in Uzbekistan

In value terms, motor vehicle engine production dropped rapidly to $X in 2021 estimated in export price. Overall, production, however, saw resilient growth. The growth pace was the most rapid in 2020 when the production volume increased by 83%. As a result, production attained the peak level of $X, and then shrank notably in the following year.

Motor Vehicle Engine Exports

Exports from Uzbekistan

In 2021, the amount of motor vehicle engines (spark-ignition) exported from Uzbekistan skyrocketed to X tons, jumping by 4,432% on the previous year's figure. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, motor vehicle engine exports skyrocketed to $X in 2021. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Azerbaijan (X tons) was the main destination for motor vehicle engine exports from Uzbekistan, accounting for a 59% share of total exports. Moreover, motor vehicle engine exports to Azerbaijan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 7.5% share.

From 2017 to 2021, the average annual rate of growth in terms of volume to Azerbaijan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (0.0% per year) and Germany (0.0% per year).

In value terms, Azerbaijan ($X) emerged as the key foreign market for motor vehicle engines (spark-ignition) exports from Uzbekistan, comprising 67% of total exports. The second position in the ranking was held by Germany ($X), with a 10% share of total exports. It was followed by South Korea, with an 8% share.

From 2017 to 2021, the average annual growth rate of value to Azerbaijan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (0.0% per year) and South Korea (+91.2% per year).

Export Prices by Country

In 2021, the average motor vehicle engine export price amounted to $X per ton, standing approx. at the previous year. Over the last four years, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 33%. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Vehicle Engine Imports

Imports into Uzbekistan

In 2021, supplies from abroad of motor vehicle engines (spark-ignition) increased by 57% to X tons, rising for the sixth year in a row after three years of decline. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 53,866%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, motor vehicle engine imports soared to $X in 2021. Overall, imports recorded significant growth. The growth pace was the most rapid in 2017 when imports increased by 125,890% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest motor vehicle engine supplier to Uzbekistan, with a 70% share of total imports. Moreover, motor vehicle engine imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. South Korea (X tons) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +73.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+6.8% per year) and South Korea (+32.5% per year).

In value terms, the largest motor vehicle engine suppliers to Uzbekistan were China ($X), Russia ($X) and South Korea ($X), together accounting for 97% of total imports.

Among the main suppliers, China, with a CAGR of +64.4%, saw the highest rates of growth with regard to the value of imports, 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 motor vehicle engine import price amounted to $X per ton, shrinking by -7.1% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 133% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+19.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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