Uzbekistan: Truck Crane Market 2022

Truck Crane Market Size in Uzbekistan

After two years of decline, the Uzbek truck crane market increased by 32% to $X in 2021. In general, consumption recorded a prominent expansion. Truck crane consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Truck Crane Exports

Exports from Uzbekistan

In 2021, approx. X units of truck cranes were exported from Uzbekistan; picking up by 4,467% compared with 2020. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, truck crane exports surged to $X in 2021. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X units), the United Arab Emirates (X units) and Afghanistan (X units) were the main destinations of truck crane exports from Uzbekistan, with a combined 92% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +470.1%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Afghanistan ($X) were the largest markets for truck crane exported from Uzbekistan worldwide, together accounting for 92% of total exports.

In terms of the main countries of destination, Afghanistan, with a CAGR of +415.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average truck crane export price stood at $X per unit in 2021, which is down by -31.2% against the previous year. Over the period under review, the export price showed a deep slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 126% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to Afghanistan ($X per unit) and Kyrgyzstan ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) and Turkey ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+89.5%), while the prices for the other major destinations experienced mixed trend patterns.

Truck Crane Imports

Imports into Uzbekistan

In 2021, the amount of truck cranes imported into Uzbekistan skyrocketed to X units, with an increase of 120% against the previous year. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 203% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, truck crane imports reached $X in 2021. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 183% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Kazakhstan (X units), China (X units) and Turkmenistan (X units) were the main suppliers of truck crane imports to Uzbekistan, together accounting for 94% of total imports. Moreover, truck crane imports in Kazakhstan exceeded the figures recorded by the second-largest supplier, China, twofold.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkmenistan (with a CAGR of +151.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of truck crane to Uzbekistan, comprising 68% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 12% share of total imports. It was followed by Germany, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (+112.3% per year) and Germany (+9.0% per year).

Import Prices by Country

The average truck crane import price stood at $X per unit in 2021, declining by -49.3% against the previous year. Overall, the import price faced a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 72% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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