Price for Electrical Insulators of Any Material in Uzbekistan - 2023

Contents:

1. Price for Electrical Insulators of Any Material in Uzbekistan (CIF) - 2022
2. Price for Electrical Insulators of Any Material in Uzbekistan (FOB) - 2022
3. Imports of Electrical Insulators of Any Material in Uzbekistan
4. Exports of Electrical Insulators of Any Material in Uzbekistan

Price for Electrical Insulators of Any Material in Uzbekistan (CIF) - 2022

The average import price for electrical insulators of any materials stood at $1.2 per unit in 2022, picking up by 11% against the previous year. Overall, the import price enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 an increase of 304%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($4.6 per unit), while the price for China ($0.5 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+67.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Insulators of Any Material in Uzbekistan (FOB) - 2022

In 2022, the average export price for electrical insulators of any materials amounted to $89 per thousand units, picking up by 24% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +4.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Russia ($99 per thousand units), while the average price for exports to Georgia ($63 per thousand units) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Insulators of Any Material in Uzbekistan

In 2022, the amount of electrical insulators of any materials imported into Uzbekistan rose modestly to 5.6M units, growing by 3% compared with the year before. Over the period under review, imports, however, continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of 18M units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, electrical insulators of any material imports rose sharply to $6.7M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Electrical Insulators of Any Material to Uzbekistan in 2022:

1. China (3.6M units)
2. Turkey (1.3M units)
3. Russia (0.6M units)

Exports of Electrical Insulators of Any Material in Uzbekistan

In 2022, the amount of electrical insulators of any materials exported from Uzbekistan soared to 7.3M units, picking up by 68% on the previous year's figure. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 102% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, electrical insulators of any material exports soared to $652K in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 131%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Top Export Markets for Electrical Insulators of Any Material from Uzbekistan in 2022:

1. Kazakhstan (3.0M units)
2. Kyrgyzstan (1.4M units)
3. Azerbaijan (1.2M units)
4. Tajikistan (1.0M units)
5. Georgia (0.5M units)
6. Russia (0.3M units)

Source: IndexBox Market Intelligence Platform