Plugs and Socket Price in Uzbekistan - 2023
Contents:
- Plugs and Socket Price in Uzbekistan (CIF) - 2023
- Plugs and Socket Price in Uzbekistan (FOB) - 2022
- Plugs and Socket Imports in Uzbekistan
- Plugs and Socket Exports in Uzbekistan
Plugs and Socket Price in Uzbekistan (CIF) - 2023
The average plugs and socket import price stood at $65.9 per thousand units in May 2023, picking up by 33% against the previous month. In general, the import price, however, recorded a pronounced curtailment. Over the period under review, average import prices hit record highs at $76.6 per thousand units in November 2022; however, from December 2022 to May 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Russia ($102 per thousand units), while the price for China ($30.0 per thousand units) was amongst the lowest.
From November 2022 to May 2023, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Plugs and Socket Price in Uzbekistan (FOB) - 2022
The average plugs and socket export price stood at $72 per thousand units in 2022, rising by 53% against the previous year. Overall, the export price, however, showed a pronounced slump. Over the period under review, the average export prices hit record highs at $82 per thousand units in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($634 per thousand units), while the average price for exports to Tajikistan stood at $48 per thousand units.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+44.7%), while the prices for the other major destinations experienced a decline.
Plugs and Socket Imports in Uzbekistan
In 2022, approx. 116M units of electrical plugs and sockets for under 1000 v were imported into Uzbekistan; rising by 36% on the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plugs and socket imports soared to $7.3M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plugs and Socket in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.5 | 2.6 | 2.6 | 3.2 | 8.6% |
| China | 1.4 | 2.5 | 1.8 | 1.7 | 6.7% |
| Czech Republic | N/A | N/A | 0.2 | 0.7 | 250.0% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Russia | 0.3 | 0.3 | 0.5 | N/A | 29.1% |
| Others | 0.5 | 0.4 | 0.5 | 1.5 | 44.2% |
| Total | 4.7 | 5.8 | 5.7 | 7.3 | 15.8% |
Top Suppliers of Plugs and Socket to Uzbekistan in 2022:
- Turkey (65.5M units)
- China (42.9M units)
- United Arab Emirates (2.6M units)
- Czech Republic (2.0M units)
Plugs and Socket Exports in Uzbekistan
For the fourth year in a row, Uzbekistan recorded growth in overseas shipments of electrical plugs and sockets for under 1000 v, which increased by 26% to 4.1M units in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 154%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, plugs and socket exports surged to $293K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 204%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Plugs and Socket in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tajikistan | 18.1 | 70.7 | 96.6 | 190 | 119.0% |
| Kyrgyzstan | 8.0 | 9.9 | 52.4 | 94.7 | 127.9% |
| Others | 1.2 | 2.4 | 3.8 | 8.3 | 90.5% |
| Total | 27.3 | 83.0 | 153 | 293 | 120.6% |
Top Export Markets for Plugs and Socket from Uzbekistan in 2022:
- Tajikistan (3.9M units)
- Kyrgyzstan (0.1M units)
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