Uzbekistan: Boiler Parts Market 2024

Boiler Parts Market Size in Uzbekistan

The Uzbek boiler parts market was estimated at $X in 2022, with an increase of 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 posted significant growth. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Boiler Parts Exports

Exports from Uzbekistan

In 2022, boiler parts exports from Uzbekistan skyrocketed to X tons, jumping by X% compared with 2021 figures. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, boiler parts exports soared to $X in 2022. 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

Kyrgyzstan (X tons) was the main destination for boiler parts exports from Uzbekistan, with a X% share of total exports. Moreover, boiler parts exports to Kyrgyzstan exceeded the volume sent to the second major destination, Tajikistan (X tons), fivefold.

From 2018 to 2022, the average annual rate of growth in terms of volume to Kyrgyzstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (X.0% per year) and Kazakhstan (X% per year).

In value terms, the largest markets for boiler parts exported from Uzbekistan were Kyrgyzstan ($X), Tajikistan ($X) and Kazakhstan ($X), together accounting for X% of total exports.

Tajikistan, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average boiler parts export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then dropped markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) 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%), while the prices for the other major destinations experienced a decline.

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Boiler Parts Imports

Imports into Uzbekistan

In 2022, imports of parts of boilers for central heating into Uzbekistan surged to X tons, growing by X% on the year before. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, boiler parts imports totaled $X in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X tons), Turkey (X tons) and South Korea (X tons) were the main suppliers of boiler parts imports to Uzbekistan, together accounting for X% of total imports. Italy, Russia, Germany and Iran lagged somewhat behind, together comprising a further X%.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of parts of boilers for central heating to Uzbekistan, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports. It was followed by South Korea, with a X% share.

From 2017 to 2022, the average annual growth rate of value 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).

Import Prices by Country

In 2022, the average boiler parts import price amounted to $X per ton, which is down by X% against the previous year. In general, import price indicated a buoyant expansion 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, boiler parts import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton 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 Germany ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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