Speed Changer Price in Uzbekistan - 2023

Contents:

  1. Speed Changer Price in Uzbekistan (CIF) - 2022
  2. Speed Changer Price in Uzbekistan (FOB) - 2022
  3. Speed Changer Imports in Uzbekistan
  4. Speed Changer Exports in Uzbekistan

Speed Changer Price in Uzbekistan (CIF) - 2022

The average speed changer import price stood at $17,652 per ton in 2022, shrinking by -7.5% against the previous year. Over the period under review, the import price, however, recorded a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 94% against the previous year. As a result, import price reached the peak level of $19,083 per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($44,482 per ton), while the price for China ($11,064 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Speed Changer Price in Uzbekistan (FOB) - 2022

In 2022, the average speed changer export price amounted to $6,799 per ton, which is down by -62.6% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 169%. As a result, the export price attained the peak level of $18,185 per ton, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($29,766 per ton), while the average price for exports to Afghanistan ($787 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 Kyrgyzstan (+90.1%), while the prices for the other major destinations experienced mixed trend patterns.

Speed Changer Imports in Uzbekistan

In 2022, overseas purchases of speed changers, industrial high-speed drives and gear increased by 16% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt contraction.

In value terms, speed changer imports rose remarkably to $30M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Import of Speed Changer in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.58.18.57.3-0.9%
Russia8.65.84.97.3-5.3%
South Korea1.40.70.63.231.7%
United States0.10.50.11.8162.1%
Italy0.50.20.41.647.4%
Germany3.32.21.71.5-23.1%
Turkey1.20.54.20.9-9.1%
Czech Republic0.10.40.50.681.7%
Others1.83.37.36.150.2%
Total24.521.628.230.37.3%

Top Suppliers of Speed Changer to Uzbekistan in 2022:

  1. China (661.3 tons)
  2. Russia (400.9 tons)
  3. South Korea (264.0 tons)
  4. Italy (70.5 tons)
  5. United States (69.5 tons)
  6. Turkey (52.3 tons)
  7. Germany (33.5 tons)
  8. Czech Republic (28.0 tons)

Speed Changer Exports in Uzbekistan

In 2022, approx. 59 tons of speed changers, industrial high-speed drives and gear were exported from Uzbekistan; growing by 300% on 2021. In general, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, speed changer exports skyrocketed to $400K in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent.

Export of Speed Changer in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia56.473.637.827269.0%
Azerbaijan14.766.783.034.332.6%
Kazakhstan0.462.0N/A21.1275.0%
BelarusN/AN/AN/A19.40%
AfghanistanN/AN/AN/A17.60%
Kyrgyzstan60.7116N/A1.4-71.5%
Tajikistan32.1N/A0.10.2-81.6%
Italy274N/AN/AN/A0%
Others89.719.214633.6-27.9%
Total528337267400-8.8%

Top Export Markets for Speed Changer from Uzbekistan in 2022:

  1. Kyrgyzstan (undefined tons)
  2. Tajikistan (undefined tons)
  3. Russia (31.4 tons)
  4. Afghanistan (22.4 tons)
  5. Azerbaijan (1.4 tons)
  6. Kazakhstan (1.4 tons)
  7. Belarus (1.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Speed Changers, Industrial High-Speed Drives, And Gear - Uzbekistan