Uzbekistan: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Uzbekistan

The Uzbek non-numerically controlled sharpening machine market was estimated at $X in 2022, surging by 15% against the previous year. In general, consumption posted a measured expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in Uzbekistan

In value terms, non-numerically controlled sharpening machine production expanded notably to $X in 2022 estimated in export price. Over the period under review, production saw a notable increase. The growth pace was the most rapid in 2020 with an increase of 84% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Uzbekistan

In 2022, approx. X units of non-numerically controlled sharpening machines for working metal were exported from Uzbekistan; surging by 33% compared with 2021 figures. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 100% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, non-numerically controlled sharpening machine exports soared to $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 591%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for non-numerically controlled sharpening machine exports from Uzbekistan, with a 75% share of total exports. Moreover, non-numerically controlled sharpening machine exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +4.1%.

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for non-numerically controlled sharpening machines for working metal exports from Uzbekistan, comprising 92% of total exports. The second position in the ranking was held by Russia ($X), with an 8.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Kyrgyzstan amounted to +115.7%.

Export Prices by Country

In 2022, the average non-numerically controlled sharpening machine export price amounted to $X per unit, with an increase of 320% against the previous year. Over the period under review, the export price enjoyed significant growth. The growth pace was the most rapid in 2018 an increase of 591% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Russia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+115.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Uzbekistan

In 2022, purchases abroad of non-numerically controlled sharpening machines for working metal decreased by -30% to X units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a significant decrease. The growth pace was the most rapid in 2019 when imports increased by 271%. Over the period under review, imports reached the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine imports expanded rapidly to $X in 2022. In general, imports, however, enjoyed tangible growth. The pace of growth appeared the most rapid in 2020 when imports increased by 179% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest non-numerically controlled sharpening machine supplier to Uzbekistan, accounting for a 82% share of total imports. Moreover, non-numerically controlled sharpening machine imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), more than tenfold. The third position in this ranking was taken by Turkey (X units), with a 3.4% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from China stood at -15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-4.4% per year) and Turkey (-28.2% per year).

In value terms, China ($X) constituted the largest supplier of non-numerically controlled sharpening machines for working metal to Uzbekistan, comprising 77% of total imports. The second position in the ranking was taken by Germany ($X), with a 7.4% share of total imports. It was followed by Poland, with a 4.3% share.

From 2017 to 2022, the average annual growth rate of value from China amounted to +33.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.7% per year) and Poland (+2.8% per year).

Import Prices by Country

The average non-numerically controlled sharpening machine import price stood at $X per unit in 2022, rising by 52% against the previous year. In general, the import price continues to indicate significant growth. The pace of growth appeared the most rapid in 2021 an increase of 195% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Kazakhstan ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+59.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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