Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan - 2023

Contents:

  1. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan (CIF) - 2023
  2. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan (FOB) - 2022
  3. Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan
  4. Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan (CIF) - 2023

In November 2023, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $14.9 per unit, declining by -2.5% against the previous month. Overall, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 49% month-to-month. The import price peaked at $22.4 per unit in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -3.0% per month.

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan (FOB) - 2022

The average export price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $6.2 per unit in 2022, dropping by -54.1% against the previous year. Over the period under review, the export price showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 29% against the previous year. The export price peaked at $35 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($25 per unit), while the average price for exports to Tajikistan ($5.4 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-2.2%).

Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in supplies from abroad of refrigerating or freezing equipment; parts thereof, other than furniture, which increased by 2.7% to 928K units in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture dropped modestly to $15M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of $16M, and then declined slightly in the following year.

Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.93.39.213.466.6%
Turkey1.30.91.80.5-27.3%
Russia0.23.31.10.426.0%
Thailand2.22.22.7N/A10.8%
Others1.00.60.70.6-15.7%
Total7.410.415.514.926.3%

Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Uzbekistan in 2022:

  1. China (892.6K units)
  2. Turkey (14.3K units)
  3. Russia (8.6K units)

Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan

In 2022, the amount of refrigerating or freezing equipment; parts thereof, other than furniture exported from Uzbekistan surged to 1.8K units, increasing by 177% compared with the previous year. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 556%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture skyrocketed to $11K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 308%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tajikistan4.60.22.68.924.6%
Kazakhstan0.10.10.41.0115.4%
AfghanistanN/AN/AN/A0.40%
Azerbaijan0.80.22.70.2-37.0%
Others1.01.73.20.8-7.2%
Total6.52.28.911.320.2%

Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Uzbekistan in 2022:

  1. Tajikistan (1656.0 units)
  2. Afghanistan (64.0 units)
  3. Kazakhstan (40.0 units)
  4. Azerbaijan (22.0 units)

Source: IndexBox Market Intelligence Platform

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