Price for Agriculture or Forestry Hand Tools in Uzbekistan - 2023

Contents:

  1. Price for Agriculture or Forestry Hand Tools in Uzbekistan (CIF) - 2023
  2. Price for Agriculture or Forestry Hand Tools in Uzbekistan (FOB) - 2022
  3. Imports of Agriculture or Forestry Hand Tools in Uzbekistan
  4. Exports of Agriculture or Forestry Hand Tools in Uzbekistan

Price for Agriculture or Forestry Hand Tools in Uzbekistan (CIF) - 2023

The average import price for agriculture or forestry hand toolses stood at $1,065 per ton in May 2023, shrinking by -1.7% against the previous month. Over the period under review, the import price showed a mild contraction. The pace of growth was the most pronounced in July 2022 an increase of 17% month-to-month. Over the period under review, average import prices hit record highs at $1,245 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($3,351 per ton), while the price for China totaled $1,019 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by China (-0.0%).

Price for Agriculture or Forestry Hand Tools in Uzbekistan (FOB) - 2022

In 2022, the average export price for agriculture or forestry hand toolses amounted to $1,571 per ton, growing by 19% against the previous year. Over the period under review, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 65%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($3,800 per ton), while the average price for exports to Kazakhstan ($585 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+38.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Agriculture or Forestry Hand Tools in Uzbekistan

In 2022, the amount of agriculture or forestry hand toolses imported into Uzbekistan surged to 3.1K tons, with an increase of 53% on 2021 figures. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, agriculture or forestry hand tools imports soared to $3.3M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Agriculture or Forestry Hand Tools in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.02.81.93.014.5%
Russia0.10.10.10.226.0%
Others0.1N/A0.10.10.0%
Total2.33.02.13.312.8%

Top Suppliers of Agriculture or Forestry Hand Tools to Uzbekistan in 2022:

  1. Russia (undefinedK tons)
  2. China (3.1K tons)

Exports of Agriculture or Forestry Hand Tools in Uzbekistan

In 2022, overseas shipments of agriculture or forestry hand toolses decreased by -27.4% to 213 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 59%. As a result, the exports reached the peak of 433 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, agriculture or forestry hand tools exports fell to $335K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 44%.

Export of Agriculture or Forestry Hand Tools in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TajikistanN/A42.6115219126.7%
KazakhstanN/A3.2N/A59.4330.8%
UkraineN/AN/A27.527.1-1.5%
Kyrgyzstan24030023827.0-51.7%
Others0.11.17.02.5192.4%
Total24034738733511.8%

Top Export Markets for Agriculture or Forestry Hand Tools from Uzbekistan in 2022:

  1. Kazakhstan (101.7 tons)
  2. Tajikistan (57.5 tons)
  3. Kyrgyzstan (38.3 tons)
  4. Ukraine (14.9 tons)

Source: IndexBox Market Intelligence Platform

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