Uzbekistan: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in Uzbekistan

The Uzbek air conditioning machine market declined notably to $X in 2022, dropping by -16.5% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Air Conditioning Machine Production in Uzbekistan

In value terms, air conditioning machine production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 84%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Air Conditioning Machine Exports

Exports from Uzbekistan

For the third consecutive year, Uzbekistan recorded growth in shipments abroad of non-window or wall air conditioning machines, which increased by 29% to X units in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,628%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, air conditioning machine exports skyrocketed to $X in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2018 with an increase of 4,391% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Kyrgyzstan (X units), Tajikistan (X units) and Azerbaijan (X units) were the main destinations of air conditioning machine exports from Uzbekistan, together accounting for 79% of total exports.

From 2017 to 2022, the biggest increases were recorded for Tajikistan (with a CAGR of +544.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for non-window or wall air conditioning machines exports from Uzbekistan, comprising 84% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 7.9% share of total exports. It was followed by Kyrgyzstan, with a 3.2% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+107.0% per year) and Kyrgyzstan (+134.7% per year).

Export Prices by Country

The average air conditioning machine export price stood at $X per unit in 2022, surging by 771% against the previous year. Overall, the export price recorded a significant increase. The growth pace was the most rapid in 2019 an increase of 1,091% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+25.4%), while the prices for the other major destinations experienced a decline.

Air Conditioning Machine Imports

Imports into Uzbekistan

Air conditioning machine imports into Uzbekistan reduced sharply to X units in 2022, with a decrease of -22% against the previous year's figure. Overall, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. As a result, imports reached the peak of X units, and then shrank significantly in the following year.

In value terms, air conditioning machine imports rose to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 22%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Turkey (X units) and the United Arab Emirates (X units) were the main suppliers of air conditioning machine imports to Uzbekistan, together comprising 69% of total imports.

From 2017 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +56.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and the United Arab Emirates ($X) constituted the largest air conditioning machine suppliers to Uzbekistan, together accounting for 68% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +64.5%, saw the highest growth rate of 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 2022, the average air conditioning machine import price amounted to $X per unit, with an increase of 32% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform