Uzbekistan: Transportation Vehicle Body Market 2024

Transportation Vehicle Body Market Size in Uzbekistan

The Uzbek transportation vehicle body market was estimated at $X in 2022, approximately mirroring the previous year. Overall, consumption saw a deep downturn. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Transportation Vehicle Body Production in Uzbekistan

In value terms, transportation vehicle body production expanded notably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Transportation Vehicle Body Exports

Exports from Uzbekistan

For the third consecutive year, Uzbekistan recorded growth in overseas shipments of bodies for motor vehicles for the transporting people, which increased by X% to X units in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, transportation vehicle body exports skyrocketed to $X in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Kazakhstan (X units) was the main destination for transportation vehicle body exports from Uzbekistan, accounting for a X% share of total exports. Moreover, transportation vehicle body exports to Kazakhstan exceeded the volume sent to the second major destination, Azerbaijan (X units), more than tenfold.

From 2018 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to X.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X.5% per year) and China (X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for bodies for motor vehicles for the transporting people exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a X% share of total exports.

From 2018 to 2022, the average annual rate of growth in terms of value to Kazakhstan totaled X.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X.4% per year) and China (X% per year).

Export Prices by Country

The average transportation vehicle body export price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the export price posted buoyant growth. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%).

Transportation Vehicle Body Imports

Imports into Uzbekistan

In 2022, purchases abroad of bodies for motor vehicles for the transporting people decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a perceptible decrease. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then plummeted in the following year.

In value terms, transportation vehicle body imports reduced remarkably to $X in 2022. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then fell remarkably in the following year.

Imports by Country

The United Arab Emirates (X units), Russia (X units) and South Korea (X units) were the main suppliers of transportation vehicle body imports to Uzbekistan. Moreover, transportation vehicle body imports in the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Russia, twofold.

From 2019 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest transportation vehicle body suppliers to Uzbekistan were the United Arab Emirates ($X), Russia ($X) and South Korea ($X).

Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average transportation vehicle body import price stood at $X per unit in 2022, surging by X% against the previous year. In general, the import price, however, recorded a deep reduction. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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