Uzbekistan: Measuring Instrument Market 2024

Measuring Instrument Market Size in Uzbekistan

The Uzbek measuring instrument market contracted slightly to $X in 2022, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a significant increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Measuring Instrument Exports

Exports from Uzbekistan

In 2022, approx. X units of instruments and apparatus for measuring or checking the flow or level of liquids were exported from Uzbekistan; picking up by X% on 2021. Over the period under review, exports, however, continue to indicate a sharp contraction. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, measuring instrument exports soared to $X in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Belarus (X units), Kazakhstan (X units) and Russia (X units) were the main destinations of measuring instrument exports from Uzbekistan, with a combined X% share of total exports. South Korea, Ukraine, Azerbaijan and France lagged somewhat behind, together accounting for a further X%.

From 2017 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of X.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) emerged as the key foreign market for instruments and apparatus for measuring or checking the flow or level of liquids exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2017 to 2022, the average annual rate of growth in terms of value to Belarus was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the average measuring instrument export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while the average price for exports to Ukraine ($X 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 Azerbaijan (X.3%), while the prices for the other major destinations experienced more modest paces of growth.

Measuring Instrument Imports

Imports into Uzbekistan

In 2022, imports of instruments and apparatus for measuring or checking the flow or level of liquids into Uzbekistan skyrocketed to X units, increasing by X% compared with the previous year's figure. Over the period under review, imports showed a tangible expansion. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, measuring instrument imports reduced modestly to $X in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, France (X units) constituted the largest supplier of measuring instrument to Uzbekistan, with a X% share of total imports. Moreover, measuring instrument imports from France exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Germany (X units), with a X% share.

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

In value terms, Germany ($X), France ($X) and China ($X) were the largest measuring instrument suppliers to Uzbekistan, with a combined X% share of total imports. Russia, South Korea, Turkey, the United States and the Netherlands lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average measuring instrument import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, and then dropped significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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