Uzbekistan: Market for Residential, Commercial and Industrial Lighting Fixture 2024

Market Size for Residential, Commercial and Industrial Lighting Fixture in Uzbekistan

In 2021, the Uzbek market for residential, commercial and industrial lighting fixture decreased by -86.6% to $X, falling for the second consecutive year after eight years of growth. Overall, consumption, however, posted significant growth. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports from Uzbekistan

In 2021, shipments abroad of residential, commercial and industrial lighting fixture decreased by -78.2% to X units, falling for the third consecutive year after two years of growth. Overall, exports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2018 when exports increased by 113% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of residential, commercial and industrial lighting fixture surged to $X in 2021. In general, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 220% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Tajikistan (X units) was the main destination for exports of residential, commercial and industrial lighting fixture from Uzbekistan, accounting for a 503% share of total exports. Moreover, exports of residential, commercial and industrial lighting fixture to Tajikistan exceeded the volume sent to the second major destination, Kyrgyzstan (X units), threefold. Kazakhstan (X units) ranked third in terms of total exports with an 89% share.

From 2017 to 2021, the average annual rate of growth in terms of volume to Tajikistan stood at +34.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+10.1% per year) and Kazakhstan (+7.5% per year).

In value terms, Kyrgyzstan ($X), Tajikistan ($X) and Kazakhstan ($X) were the largest markets for residential, commercial and industrial lighting fixture exported from Uzbekistan worldwide, with a combined 74% share of total exports. Germany, the United Arab Emirates, Azerbaijan, Russia and Turkey lagged somewhat behind, together comprising a further 25%.

Among the main countries of destination, Azerbaijan, with a CAGR of +912.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for residential, commercial and industrial lighting fixture stood at $X per unit in 2021, rising by 1,012% against the previous year. Overall, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+317.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports into Uzbekistan

In 2021, overseas purchases of residential, commercial and industrial lighting fixture decreased by -88.9% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 87% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of residential, commercial and industrial lighting fixture stood at $X in 2021. In general, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 146% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of residential, commercial and industrial lighting fixture to Uzbekistan, accounting for a 335% share of total imports. It was followed by Turkey (X units), with a 7.9% share of total imports.

From 2017 to 2021, the average annual growth rate of volume from China totaled +126.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-4.0% per year) and Russia (+36.1% per year).

In value terms, China ($X) constituted the largest supplier of residential, commercial and industrial lighting fixture to Uzbekistan, comprising 72% of total imports. The second position in the ranking was taken by Turkey ($X), with a 7.6% share of total imports.

From 2017 to 2021, the average annual growth rate of value from China totaled +52.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-13.3% per year) and Russia (+33.2% per year).

Import Prices by Country

The average import price for residential, commercial and industrial lighting fixture stood at $X per unit in 2021, surging by 869% against the previous year. In general, the import price saw significant growth. As a result, import price reached 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 2021, amid the top importers, the country with the highest price was Russia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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