Uzbekistan: Truck Market 2022

Truck Market Size in Uzbekistan

In 2021, after three years of growth, there was significant decline in the uzbek truck market, when its value decreased by -X% to $X, consumption continues to indicate a drastic downturn.Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Truck Exports

Exports from Uzbekistan

In 2021, after two years of decline, there was significant growth in overseas shipments of trucks, when their volume increased by X% to X units.Overall, exports enjoyed a significant expansion.As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, truck exports soared to $X in 2021.Over the period under review, exports posted a significant increase.As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X units) was the main destination for truck exports from Uzbekistan, with a X% share of total exports. Moreover, truck exports to Kazakhstan exceeded the volume sent to the second major destination, Kyrgyzstan (X units), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Kazakhstan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+X% per year) and Afghanistan (+X% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for truck exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+X% per year) and Afghanistan (+X% per year).

Export Prices by Country

In 2021, the average truck export price amounted to $X per unit, declining by -X% against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. from 2018 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Afghanistan ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

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

Truck Imports

Imports into Uzbekistan

In 2021, purchases abroad of trucks decreased by -X% to X units, falling for the second consecutive year after two years of growth.Overall, imports recorded a pronounced curtailment.The most prominent rate of growth was recorded in 2018 with an increase of X peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, truck imports fell sharply to $X in 2021.Over the period under review, imports showed a deep downturn.The growth pace was the most rapid in 2018 when imports increased by X the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of truck to Uzbekistan, accounting for a X% share of total imports. Moreover, truck imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), threefold. Lithuania (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Lithuania (+X% per year).

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

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

Import Prices by Country

In 2021, the average truck import price amounted to $X per unit, waning by -X% against the previous year. Overall, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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