Seals; Mechanical Price in Uzbekistan - 2023

Contents:

1. Seals; Mechanical Price in Uzbekistan (CIF) - 2022
2. Seals; Mechanical Price in Uzbekistan (FOB) - 2022
3. Seals; Mechanical Imports in Uzbekistan
4. Seals; Mechanical Exports in Uzbekistan

Seals; Mechanical Price in Uzbekistan (CIF) - 2022

In 2022, the average seals; mechanical import price amounted to $2.7 per unit, shrinking by -61.7% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 15% against the previous year. As a result, import price attained the peak level of $7.1 per unit, and then dropped remarkably in the following year.

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 ($6.5 per unit), while the price for Turkey ($1 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.9%), while the prices for the other major suppliers experienced a decline.

Seals; Mechanical Price in Uzbekistan (FOB) - 2022

The average seals; mechanical export price stood at $9.1 per unit in 2022, waning by -10.3% against the previous year. Overall, export price indicated moderate growth from 2017 to 2022: its price increased at an average annual rate of +3.2% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, seals; mechanical export price decreased by -35.7% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 54%. As a result, the export price attained the peak level of $14 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($9.7 per unit), while the average price for exports to Kyrgyzstan ($1.2 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 Turkey (+84.0%), while the prices for the other major destinations experienced mixed trend patterns.

Seals; Mechanical Imports in Uzbekistan

In 2022, imports of seals; mechanicals into Uzbekistan skyrocketed to 2.6M units, with an increase of 212% compared with the previous year's figure. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, seals; mechanical imports surged to $7.1M in 2022. Overall, imports posted strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Seals; Mechanical to Uzbekistan in 2022:

1. South Korea (2047.0K units)
2. China (197.5K units)
3. Turkey (83.0K units)
4. Ukraine (54.7K units)
5. United Arab Emirates (45.1K units)
6. Russia (33.1K units)
7. Germany (30.5K units)

Seals; Mechanical Exports in Uzbekistan

In 2022, approx. 5.5K units of seals; mechanicals were exported from Uzbekistan; with an increase of 239% on the previous year's figure. In general, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 306% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, seals; mechanical exports soared to $50K in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Seals; Mechanical from Uzbekistan in 2022:

1. Turkey (3.3K units)
2. Russia (1.7K units)
3. Kyrgyzstan (0.4K units)

Source: IndexBox Market Intelligence Platform