Price for Hand-Operated Spanners and Wrenches in Uzbekistan - 2023

Contents:

  1. Price for Hand-Operated Spanners and Wrenches in Uzbekistan (CIF) - 2022
  2. Price for Hand-Operated Spanners and Wrenches in Uzbekistan (FOB) - 2022
  3. Imports of Hand-Operated Spanners and Wrenches in Uzbekistan
  4. Exports of Hand-Operated Spanners and Wrenches in Uzbekistan

Price for Hand-Operated Spanners and Wrenches in Uzbekistan (CIF) - 2022

The average hand-operated spanners and wrenches import price stood at $13,282 per ton in 2022, dropping by -2.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 79%. As a result, import price attained the peak level of $24,744 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($20,672 per ton), while the price for South Korea ($6,417 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hand-Operated Spanners and Wrenches in Uzbekistan (FOB) - 2022

In 2022, the average hand-operated spanners and wrenches export price amounted to $30,108 per ton, rising by 11% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 72%. The export price peaked at $59,683 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($150,213 per ton), while the average price for exports to Kyrgyzstan ($11,400 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 Turkey (+48.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hand-Operated Spanners and Wrenches in Uzbekistan

In 2022, after three years of growth, there was decline in purchases abroad of hand-operated spanners and wrencheses, when their volume decreased by -0.2% to 169 tons. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 83% against the previous year.

In value terms, hand-operated spanners and wrenches imports dropped to $2.3M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 67%.

Import of Hand-Operated Spanners and Wrenches in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6709831,5111,55032.3%
Turkey11385.619216313.0%
Russia82.633815915322.8%
Japan20.37.610.460.543.9%
South Korea60.723040.833.4-18.1%
Belarus21.118.614.90.1-83.2%
Others2303413912918.2%
Total1,1982,0042,3212,25023.4%

Top Suppliers of Hand-Operated Spanners and Wrenches to Uzbekistan in 2022:

  1. Belarus (undefined tons)
  2. China (131.7 tons)
  3. Russia (8.7 tons)
  4. Turkey (7.9 tons)
  5. Japan (5.6 tons)
  6. South Korea (5.2 tons)

Exports of Hand-Operated Spanners and Wrenches in Uzbekistan

Hand-operated spanners and wrenches exports from Uzbekistan contracted dramatically to 52 kg in 2022, which is down by -94.8% compared with the previous year. Over the period under review, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 1,204%. As a result, the exports reached the peak of 1 tons, and then reduced dramatically in the following year.

In value terms, hand-operated spanners and wrenches exports contracted remarkably to $1.6K in 2022. Overall, exports faced a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 1,520% against the previous year. As a result, the exports reached the peak of $27K, and then fell markedly in the following year.

Export of Hand-Operated Spanners and Wrenches in Uzbekistan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A7060%
Russia80.01212,35148482.2%
Kazakhstan20.09.016.0177106.8%
Tajikistan74.054.056515327.4%
Kyrgyzstan85.011088557.0-12.5%
China2793965,287N/A335.3%
United KingdomN/AN/A641N/A0%
France9156387,294N/A182.3%
AzerbaijanN/AN/A988N/A0%
Ukraine31.024.0300N/A211.1%
Turkey1,51520.05,900N/A97.3%
Others2323032,9141.0-83.7%
Total3,2311,67527,1411,578-21.2%

Top Export Markets for Hand-Operated Spanners and Wrenches from Uzbekistan in 2022:

  1. Russia (23.0 kg)
  2. Kazakhstan (14.0 kg)
  3. Tajikistan (6.0 kg)
  4. Kyrgyzstan (5.0 kg)
  5. India (5.0 kg)

Source: IndexBox Market Intelligence Platform

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