Report Update: Apr 22, 2024

Uzbekistan - Spades And Shovels - Market Analysis, Forecast, Size, Trends And Insights

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Spades and Shovels Price in Uzbekistan - 2023

Spades and Shovels Price in Uzbekistan (CIF) - 2023

The average spades and shovels import price stood at $890 per ton in May 2023, shrinking by -5.1% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2022 an increase of 24% against the previous month. Over the period under review, average import prices hit record highs at $1,046 per ton in March 2023; however, from April 2023 to May 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From May 2022 to May 2023, the rate of growth in terms of prices for China amounted to -0.4% per month.

Spades and Shovels Price in Uzbekistan (FOB) - 2022

The average spades and shovels export price stood at $398 per ton in 2022, waning by -53.5% against the previous year. Overall, the export price faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $856 per ton, and then declined significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($1,890 per ton), while the average price for exports to Tajikistan ($304 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 Kazakhstan (+44.1%), while the prices for the other major destinations experienced mixed trend patterns.

Spades and Shovels Imports in Uzbekistan

Spades and shovels imports into Uzbekistan soared to 2K tons in 2022, with an increase of 82% on 2021. In general, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +2.1% 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 decreased by -9.6% against 2020 indices.

In value terms, spades and shovels imports soared to $1.8M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.4% against 2020 indices.

Import of Spades and Shovels in Uzbekistan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1.4	1.9	1.0	1.8	8.7%
Others	N/A	N/A	N/A	N/A	0%
Total	1.4	1.9	1.0	1.8	8.7%

Top Suppliers of Spades and Shovels to Uzbekistan in 2022:

China (1974.9 tons)

Spades and Shovels Exports in Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in overseas shipments of spades and shovels, which increased by 343% to 528 tons in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spades and shovels exports surged to $210K in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 156%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Spades and Shovels in Uzbekistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tajikistan	N/A	2.0	10.5	141	739.6%
Kazakhstan	N/A	0.6	N/A	43.3	749.5%
Ukraine	N/A	N/A	9.8	24.0	144.9%
Kyrgyzstan	21.1	51.3	81.8	1.2	-61.5%
Others	N/A	N/A	N/A	N/A	0%
Total	21.1	53.9	102	210	115.1%

Top Export Markets for Spades and Shovels from Uzbekistan in 2022:

Tajikistan (465.9 tons)
Kazakhstan (47.8 tons)
Ukraine (12.7 tons)
Kyrgyzstan (1.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spades and shovels market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25731010 - Spades and shovels

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023