Uzbekistan: Non-Electric Pulley Tackle Market 2024

Non-Electric Pulley Tackle Market Size in Uzbekistan

The Uzbek non-electric pulley tackle market rose notably to $X in 2022, picking up by 9.5% against the previous year. Overall, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Non-Electric Pulley Tackle Production in Uzbekistan

In value terms, non-electric pulley tackle production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 33%. Non-electric pulley tackle production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Electric Pulley Tackle Exports

Exports from Uzbekistan

Non-electric pulley tackle exports from Uzbekistan soared to X units in 2022, rising by 56% on the previous year. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 550% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-electric pulley tackle exports contracted sharply to $X in 2022. Over the period under review, exports, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by 257%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

India (X units) was the main destination for non-electric pulley tackle exports from Uzbekistan, accounting for a 68% share of total exports. Moreover, non-electric pulley tackle exports to India exceeded the volume sent to the second major destination, Spain (X units), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to India was relatively modest.

In value terms, India ($X) emerged as the key foreign market for pulley tackle and hoists, non-powered by electric motor exports from Uzbekistan, comprising 92% of total exports. The second position in the ranking was held by Spain ($X), with an 8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to India was relatively modest.

Export Prices by Country

In 2022, the average non-electric pulley tackle export price amounted to $X per unit, dropping by -91.7% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 312%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+44.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Pulley Tackle Imports

Imports into Uzbekistan

In 2022, purchases abroad of pulley tackle and hoists, non-powered by electric motor increased by 73% to X units for the first time since 2018, thus ending a three-year declining trend. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2018 with an increase of 441%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-electric pulley tackle imports surged to $X in 2022. Over the period under review, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 122% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-electric pulley tackle to Uzbekistan, accounting for a 66% share of total imports. Moreover, non-electric pulley tackle imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. The third position in this ranking was taken by Russia (X units), with a 2.6% share.

From 2017 to 2022, the average annual growth rate of volume from China stood at +54.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+46.2% per year) and Russia (+9.3% per year).

In value terms, Turkey ($X) constituted the largest supplier of pulley tackle and hoists, non-powered by electric motor to Uzbekistan, comprising 58% of total imports. The second position in the ranking was taken by China ($X), with a 22% share of total imports. It was followed by Japan, with a 4.6% share.

From 2017 to 2022, the average annual growth rate of value from Turkey stood at +38.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.8% per year) and Japan (-4.3% per year).

Import Prices by Country

The average non-electric pulley tackle import price stood at $X per unit in 2022, shrinking by -14.9% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 104%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+86.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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