Uzbekistan: Wire And Cable Market 2024

Wire And Cable Market Size in Uzbekistan

In 2022, the Uzbek wire and cable market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a pronounced setback. Wire and cable consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Wire And Cable Production in Uzbekistan

In value terms, wire and cable production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Wire And Cable Exports

Exports from Uzbekistan

In 2022, overseas shipments of insulated wire and cable were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a slight descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wire and cable exports expanded markedly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2017 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons), the UK (X tons) and Kazakhstan (X tons) were the main destinations of wire and cable exports from Uzbekistan, with a combined X% share of total exports. Austria, Kyrgyzstan, Tajikistan, Singapore, Ukraine and Russia lagged somewhat behind, together accounting for a further X%.

From 2017 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X.2%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Kazakhstan ($X) and the UK ($X) constituted the largest markets for wire and cable exported from Uzbekistan worldwide, together comprising X% of total exports. Kyrgyzstan, Singapore, Austria, Tajikistan, Russia and Ukraine lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wire and cable export price amounted to $X per ton, declining by X% against the previous year. Overall, export price indicated a prominent increase from 2017 to 2022: its price increased at an average annual rate of X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wire and cable export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wire And Cable Imports

Imports into Uzbekistan

In 2022, approx. X tons of insulated wire and cable were imported into Uzbekistan; surging by X% compared with 2021. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, wire and cable imports surged to $X in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of wire and cable to Uzbekistan, with a X% share of total imports. Moreover, wire and cable imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. South Korea (X tons) 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: Turkey (X% per year) and South Korea (X% per year).

In value terms, China ($X), Turkey ($X) and South Korea ($X) appeared to be the largest wire and cable suppliers to Uzbekistan, with a combined X% share of total imports. Russia and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average wire and cable import price amounted to $X per ton, rising by X% against the previous year. Over the last five years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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