Report Update Apr 1, 2024

Uzbekistan - Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Boring Machinery Market 2024

Boring Machinery Market Size in Uzbekistan

In 2022, the Uzbek boring machinery market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, continues to indicate a sharp slump. Boring machinery consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Boring Machinery Exports

Exports from Uzbekistan

In 2022, shipments abroad of boring or sinking machinery decreased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports faced a sharp setback. The smallest decline of X% was in 2020. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, boring machinery exports amounted to $X in 2022. Over the period under review, exports faced a sharp downturn. The smallest decline of X% was in 2020. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tajikistan (X units) was the main destination for boring machinery exports from Uzbekistan, accounting for a approx. X% share of total exports.

From 2019 to 2022, the average annual growth rate of volume to Tajikistan was relatively modest.

From 2019 to 2022, the average annual rate of growth in terms of value to Tajikistan was relatively modest.

Export Prices by Country

In 2022, the average boring machinery export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the export price saw a sharp downturn. The growth pace was the most rapid in 2020 a decrease of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Tajikistan.

From 2019 to 2022, the rate of growth in terms of prices for Tajikistan amounted to X% per year.

Boring Machinery Imports

Imports into Uzbekistan

After two years of decline, overseas purchases of boring or sinking machinery increased by X% to X units in 2022. In general, imports, however, showed a deep downturn. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, boring machinery imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a significant curtailment. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest boring machinery supplier to Uzbekistan, with a X% share of total imports. Moreover, boring machinery imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), threefold. Turkey (X units) ranked third in terms of total imports with a X% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of boring or sinking machinery to Uzbekistan, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Russia, with an X% share.

From 2017 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the average boring machinery import price amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, faced a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, 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 ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for boring or sinking machinery in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 29% share of global consumption. Japan, Pakistan, Russia, Bangladesh, Indonesia, the UK, Mexico, Ethiopia, South Korea and Italy lagged somewhat behind, together comprising a further 32%.

What are the largest producers of boring or sinking machinery in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, together accounting for 29% of global production. Japan, Pakistan, Russia, Bangladesh, Indonesia, the UK, Mexico, Ethiopia, South Korea and Italy lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of boring or sinking machinery to Uzbekistan?

In value terms, China constituted the largest supplier of boring or sinking machinery to Uzbekistan, comprising 67% of total imports. The second position in the ranking was taken by Turkey, with a 23% share of total imports. It was followed by Russia, with an 8.3% share.

What is the average export price for boring or sinking machinery in Uzbekistan?

In 2022, the average boring machinery export price amounted to $2,000 per unit, remaining stable against the previous year.

What is the average import price for boring or sinking machinery in Uzbekistan?

The average boring machinery import price stood at $47,169 per unit in 2022, picking up by 11% against the previous year.

This report provides an in-depth analysis of the boring machinery market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023