Uzbekistan: Radiator Market 2022

Radiator Market Size in Uzbekistan

The Uzbek radiator market skyrocketed to $X in 2021, jumping 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). In general, consumption showed a significant increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Radiator Exports

Exports from Uzbekistan

In 2021, shipments abroad of radiators for central heating (not electrically heated) decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then fell in the following year.

In value terms, radiator exports soared to $X in 2021. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Tajikistan (X tons) and Kyrgyzstan (X tons) were the main destinations of radiator exports from Uzbekistan.

From 2012 to 2021, the biggest increases were in Tajikistan (with a CAGR of +X value terms, Tajikistan ($X) and Kyrgyzstan ($X) constituted the largest markets for radiator exported from Uzbekistan worldwide.

In terms of the main countries of destination, Tajikistan, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the average radiator export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Kyrgyzstan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+X%).

Radiator Imports

Imports into Uzbekistan

In 2021, radiator imports into Uzbekistan reached X tons, increasing by less than X% on 2020. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, radiator imports soared to $X in 2021. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Ukraine (X tons), Turkey (X tons) and China (X tons) were the main suppliers of radiator imports to Uzbekistan, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Ukraine (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X) constituted the largest supplier of radiator to Uzbekistan, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2021, the average annual growth rate of value from Ukraine amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and China (+X% per year).

Import Prices by Country

In 2021, the average radiator import price amounted to $X per ton, jumping by X% against the previous year. Overall, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, radiator import price increased by +X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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