Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan - 2023

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan (CIF) - 2023
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan (CIF) - 2023

In November 2023, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $7,621 per ton, with an increase of 80% against the previous month. Over the period under review, the import price continues to indicate modest growth. The pace of growth was the most pronounced in April 2023 an increase of 194% m-o-m. As a result, import price attained the peak level of $20,920 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($12,459 per ton), while the price for South Korea amounted to $3,416 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan (FOB) - 2022

In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $1,101 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a significant curtailment. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. The export price peaked at $7,185 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,876 per ton), while the average price for exports to Tajikistan ($1,029 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 China (-27.2%).

Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan

In 2022, the amount of machinery; parts of the machinery of heading no. 8425 imported into Uzbekistan soared to 40 tons, jumping by 88% against the previous year's figure. Overall, imports, however, showed a abrupt contraction.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 dropped dramatically to $224K in 2022. In general, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 56%. As a result, imports reached the peak of $432K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea12311328.983.0-12.3%
Bulgaria2.11.811.544.3176.3%
Taiwan (Chinese)10.991.749.422.727.7%
China51.231.524.822.0-24.5%
Russia6.913712219.040.2%
Kyrgyzstan19.212.27.85.4-34.5%
Others64.745.350.127.4-24.9%
Total278432294224-6.9%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Uzbekistan in 2022:

  1. South Korea (22.3 tons)
  2. Bulgaria (7.5 tons)
  3. China (4.6 tons)
  4. Russia (2.2 tons)
  5. Taiwan (Chinese) (0.8 tons)
  6. Kyrgyzstan (0.3 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan

In 2022, approx. 21 tons of machinery; parts of the machinery of heading no. 8425 were exported from Uzbekistan; approximately reflecting 2021. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 totaled $23K in 2022. In general, exports enjoyed significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Machinery; Parts of the Machinery of Heading No. 8425 in Uzbekistan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
TajikistanN/AN/A19.10%
KazakhstanN/AN/A2.70%
China5.7N/A0.3-77.1%
Others0.3N/A0.641.4%
Total5.9N/A22.796.1%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Uzbekistan in 2022:

  1. Tajikistan (18.6 tons)
  2. Kazakhstan (1.8 tons)
  3. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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