Price for Electric Motors; AC Motors, Single-Phase in Uzbekistan - 2023

Contents:

  1. Price for Electric Motors; AC Motors, Single-Phase in Uzbekistan (CIF) - 2023
  2. Price for Electric Motors; AC Motors, Single-Phase in Uzbekistan (FOB) - 2022
  3. Imports of Electric Motors; AC Motors, Single-Phase in Uzbekistan
  4. Exports of Electric Motors; AC Motors, Single-Phase in Uzbekistan

Price for Electric Motors; AC Motors, Single-Phase in Uzbekistan (CIF) - 2023

The average import price for electric motors; AC motors, single-phases stood at $7.8 per unit in May 2023, with an increase of 27% against the previous month. In general, the import price, however, showed a mild downturn. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 48% month-to-month. The import price peaked at $10.3 per unit in June 2022; however, from July 2022 to May 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was China ($7.8 per unit), while the price for Turkey totaled $3.1 per unit.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by China (-0.8%).

Price for Electric Motors; AC Motors, Single-Phase in Uzbekistan (FOB) - 2022

In 2022, the average export price for electric motors; AC motors, single-phases amounted to $9.4 per unit, with a decrease of -22.4% against the previous year. In general, the export price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 64% against the previous year. As a result, the export price attained the peak level of $12 per unit, and then declined 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 Kyrgyzstan ($10 per unit), while the average price for exports to Azerbaijan ($6.3 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors; AC Motors, Single-Phase in Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in purchases abroad of electric motors; AC motors, single-phases, which increased by 33% to 3.4M units in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric motors; AC motors, single-phase imports skyrocketed to $25M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electric Motors; AC Motors, Single-Phase in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.614.516.523.029.5%
Others0.90.41.82.030.5%
Total11.514.818.325.029.5%

Top Suppliers of Electric Motors; AC Motors, Single-Phase to Uzbekistan in 2022:

  1. China (3.3M units)

Exports of Electric Motors; AC Motors, Single-Phase in Uzbekistan

For the fourth consecutive year, Uzbekistan recorded growth in overseas shipments of electric motors; AC motors, single-phases, which increased by 4.1% to 1.4K units in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 211% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, electric motors; AC motors, single-phase exports fell sharply to $13K in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 192% against the previous year. The exports peaked at $16K in 2021, and then plummeted in the following year.

Export of Electric Motors; AC Motors, Single-Phase in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tajikistan1.62.14.54.642.2%
Kyrgyzstan1.01.62.53.754.7%
KazakhstanN/A0.71.83.3117.1%
RussiaN/A2.32.40.7-44.8%
MoldovaN/AN/A0.10.4300.0%
Azerbaijan0.10.10.50.10.0%
Ukraine0.10.63.9N/A524.5%
OthersN/A0.5N/AN/A0%
Total2.78.015.812.868.0%

Top Export Markets for Electric Motors; AC Motors, Single-Phase from Uzbekistan in 2022:

  1. Tajikistan (462.0 units)
  2. Kazakhstan (394.0 units)
  3. Kyrgyzstan (359.0 units)
  4. Russia (74.0 units)
  5. Moldova (56.0 units)
  6. Azerbaijan (11.0 units)

Source: IndexBox Market Intelligence Platform

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