Price for Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan - 2023
Contents:
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan (CIF) - 2022
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan (FOB) - 2022
- Imports of Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan
- Exports of Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan
Price for Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan (CIF) - 2022
In 2022, the average import price for electric motors amounted to $40 per unit, jumping by 139% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2021 an increase of 313% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($44 per unit), while the price for Kazakhstan ($5 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+107.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan (FOB) - 2022
The average export price for electric motors stood at $52 per unit in 2022, picking up by 62% against the previous year. Overall, export price indicated strong growth from 2017 to 2022: its price increased at an average annual rate of +13.0% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Tajikistan ($53 per unit) and Kazakhstan ($52 per unit), while the average price for exports to Azerbaijan ($37 per unit) and South Korea ($50 per unit) were amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+55.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan
In 2022, overseas purchases of electric motors decreased by -19.8% to 458K units, falling for the second year in a row after two years of growth. Overall, imports saw a sharp decrease. The pace of growth was the most pronounced in 2020 with an increase of 0.1%. As a result, imports reached the peak of 3.2M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of electric motors surged to $18M in 2022. Over the period under review, imports, however, continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.2 | 7.2 | 5.1 | 8.5 | 17.8% |
| China | 3.1 | 4.6 | 3.2 | 6.7 | 29.3% |
| Turkey | 0.4 | 0.4 | 0.4 | 0.9 | 31.0% |
| Austria | N/A | 0.1 | 0.2 | 0.8 | 182.8% |
| India | N/A | N/A | N/A | 0.3 | 0% |
| Germany | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Kazakhstan | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Total | 9.1 | 12.7 | 9.5 | 18.1 | 25.8% |
Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Uzbekistan in 2022:
- South Korea (192.5K units)
- China (151.7K units)
- Kazakhstan (34.2K units)
- Germany (21.0K units)
- Turkey (19.6K units)
- Austria (17.1K units)
- India (11.5K units)
Exports of Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan
In 2022, approx. 444 units of electric motors were exported from Uzbekistan; with a decrease of -19.9% compared with 2021. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 516%. As a result, the exports attained the peak of 554 units, and then contracted remarkably in the following year.
In value terms, exports of electric motors skyrocketed to $23K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 457% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Electric Motors; of an Output Not Exceeding 37.5W in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | 0.6 | 8.6 | 16.6 | 426.0% |
| Kyrgyzstan | 1.5 | 0.6 | 0.6 | 2.1 | 11.9% |
| Tajikistan | 0.9 | 0.7 | 1.3 | 1.6 | 21.1% |
| Azerbaijan | 5.9 | 0.4 | 3.4 | 1.3 | -39.6% |
| South Korea | N/A | N/A | 1.1 | 0.8 | -27.3% |
| Ukraine | N/A | N/A | 2.2 | N/A | 0% |
| Others | N/A | 0.9 | 0.7 | 0.7 | -11.8% |
| Total | 8.3 | 3.2 | 17.8 | 23.1 | 40.7% |
Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Uzbekistan in 2022:
- Kazakhstan (316.0 units)
- Kyrgyzstan (40.0 units)
- Azerbaijan (34.0 units)
- Tajikistan (31.0 units)
- South Korea (17.0 units)
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