Uzbekistan: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Uzbekistan

The Uzbek market for motor vehicle chassis fitted with engines contracted markedly to $X in 2022, waning by -62.2% against the previous year. Overall, consumption, however, showed a abrupt downturn. Consumption of peaked at $X in 2021, and then dropped markedly in the following year.

Production of Motor Vehicle Chassis Fitted With Engines in Uzbekistan

In value terms, production of motor vehicle chassis fitted with engines skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2019 with an increase of 730%. Production of peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Uzbekistan

Exports of motor vehicle chassis fitted with engines from Uzbekistan soared to X units in 2022, jumping by 45% on the year before. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of motor vehicle chassis fitted with engines contracted rapidly to $X in 2022. In general, exports saw significant growth. The exports peaked at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Kazakhstan (X units) was the main destination for exports of motor vehicle chassis fitted with engines from Uzbekistan, accounting for a 78% share of total exports. Moreover, exports of motor vehicle chassis fitted with engines to Kazakhstan exceeded the volume sent to the second major destination, Russia (X units), fivefold.

From 2018 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (0.0% per year) and Azerbaijan (0.0% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for motor vehicle chassis fitted with engines exports from Uzbekistan, comprising 65% of total exports. The second position in the ranking was taken by Russia ($X), with a 30% share of total exports.

From 2018 to 2022, the average annual rate of growth in terms of value to Kazakhstan amounted to -65.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (0.0% per year) and Azerbaijan (0.0% per year).

Export Prices by Country

In 2022, the average export price for motor vehicle chassis fitted with engines amounted to $X per unit, dropping by -63.3% against the previous year. Overall, the export price saw a perceptible curtailment. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then shrank significantly in the following year.

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 Russia ($X per unit), while the average price for exports to Azerbaijan ($X per unit) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-69.3%).

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Uzbekistan

In 2022, purchases abroad of motor vehicle chassis fitted with engines decreased by -65.3% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 272% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of motor vehicle chassis fitted with engines fell rapidly to $X in 2022. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of 332%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Poland (X units) constituted the largest motor vehicle chassis fitted with engines supplier to Uzbekistan, accounting for a 64% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from Poland exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Russia (X units), with a 12% share.

From 2017 to 2022, the average annual growth rate of volume from Poland stood at +71.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-20.7% per year) and Russia (-12.9% per year).

In value terms, Poland ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to Uzbekistan, comprising 86% of total imports. The second position in the ranking was held by Russia ($X), with a 9.9% share of total imports. It was followed by China, with a 4% share.

From 2017 to 2022, the average annual rate of growth in terms of value from Poland stood at +64.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-7.3% per year) and China (-25.2% per year).

Import Prices by Country

In 2022, the average import price for motor vehicle chassis fitted with engines amounted to $X per unit, with an increase of 121% against the previous year. In general, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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