Price for Machinery; Parts of Machinery of Heading No. 8422 in Uzbekistan - 2023

Contents:

1. Price for Machinery; Parts of Machinery of Heading No. 8422 in Uzbekistan (CIF) - 2022
2. Price for Machinery; Parts of Machinery of Heading No. 8422 in Uzbekistan (FOB) - 2022
3. Imports of Machinery; Parts of Machinery of Heading No. 8422 in Uzbekistan
4. Exports of Machinery; Parts of Machinery of Heading No. 8422 in Uzbekistan

Price for Machinery; Parts of Machinery of Heading No. 8422 in Uzbekistan (CIF) - 2022

The average import price for machinery; parts of machinery of heading no. 8422 stood at $126,343 per ton in 2022, growing by 72% against the previous year. Over the period under review, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 111%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 ($523,549 per ton), while the price for China ($27,314 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+59.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery of Heading No. 8422 in Uzbekistan (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $1,264 per ton, waning by -99.3% against the previous year. Over the period under review, the export price showed a precipitous setback. The growth pace was the most rapid in 2021 an increase of 0.1%. As a result, the export price reached the peak level of $174,083 per ton, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($2,283 per ton), while the average price for exports to Kyrgyzstan ($750 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 Switzerland (+186.5%).

Imports of Machinery; Parts of Machinery of Heading No. 8422 in Uzbekistan

In 2022, approx. 23 tons of machinery; parts of machinery of heading no. 8422 were imported into Uzbekistan; falling by -14.2% on 2021 figures. Over the period under review, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports attained the peak of 27 tons, and then reduced in the following year.

In value terms, imports of machinery; parts of machinery of heading no. 8422 soared to $3M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Uzbekistan in 2022:

1. China (10.5 tons)
2. Italy (3.2 tons)
3. Turkey (2.5 tons)
4. Germany (1.9 tons)
5. India (1.8 tons)
6. Switzerland (0.7 tons)
7. Czech Republic (0.6 tons)
8. Japan (0.1 tons)

Exports of Machinery; Parts of Machinery of Heading No. 8422 in Uzbekistan

For the third year in a row, Uzbekistan recorded growth in shipments abroad of machinery; parts of machinery of heading no. 8422, which increased by 2,534% to 4.5 tons in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of machinery; parts of machinery of heading no. 8422 fell markedly to $5.6K in 2022. In general, exports, however, continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 73% against the previous year. As a result, the exports reached the peak of $29K, and then fell sharply in the following year.

Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Uzbekistan in 2022:

1. Tajikistan (3.9 tons)
2. Kyrgyzstan (0.3 tons)
3. Slovakia (0.2 tons)

Source: IndexBox Market Intelligence Platform