Market analysis of Uzbekistan's mining transformer in 2022

Writer： Hengfeng you electric Time：2023-04-21 views：times

Uzbekistan is rich in natural resources, and its traditional national economy is known for its "four gold" industries: gold, "platinum" (cotton), "black gold" (oil), and "blue gold" (natural gas).  Thanks to the prompt and effective response to the epidemic, many international agencies have given uzbekistan a good economic forecast: The World Economic Outlook released by the World Bank predicted that Uzbekistan's economic growth rate would reach 4.5% in 2022.  

Uzbekistan has proven mineral resources with a total value of 1.3 trillion US dollars and prospective reserves of 3.5 trillion US dollars. It has more than 100 kinds of proven mineral products and more than 3,000 mineral sites, mainly natural gas, oil, coal, precious metals and non-ferrous metals.  The estimated reserves of oil exceed 5.3 billion tons, the proven reserves are 584 million tons, and the proven reserves of condensate are 190 million tons.  The estimated reserves of natural gas exceed 5.43 trillion cubic meters, and the proven reserves are 3.4 trillion cubic meters.  Coal reserves of 2 billion tons.  The proven reserves of gold are 2,100 tons, ranking fourth in the world.  The estimated uranium reserves are 230,000 tons and the proven reserves are 55,000 tons, ranking 7th in the world and 5th in natural uranium production.  Copper, tungsten and other minerals are also relatively rich.  

JACK, sales director of Hengfengyou Electric co., LTD., analyzed that since there is no special transformer factory in Uzbekistan, special transformers such as mine transformer, furnace transformer, rectifier transformer and power grid main transformer basically need to be imported in large quantities. With the rapid development of mining industry in recent years,  Hengfengyou electric's annual sales of dry mine transformers, furnace transformers and rectifier transformers to Uzbekistan maintain a double-digit growth rate every year, with good market performance.  Today we focus on the current situation of coal mining in Uzbekistan:  

Uzbekistan is rich in oil and gas resources. In 2019, uzbekistan had proven coal reserves of 1.375 billion tons, with an annual mining volume of more than 4.1 million tons, accounting for 0.05% of the world's total mining volume and an extraction and storage ratio of 339 tons.  Uzbekistan has greatly increased coal production this year, one of the purposes of which is to adjust the proportion of natural gas use and export. A large proportion of natural gas export has led to energy shortage in Uzbekistan, and there have been power cuts and gas shortages. Increasing coal production is bound to solve domestic energy problems.  Second, uzbekistan industry is the key of the current economic development, the recent President wu continuously steady economic growth class information, in addition to the important basis for the technology, and industry is energy, therefore, the coal production as the premise condition of industrial growth, and coal can solve the problem of employment, local tax and industrial upgrading.  

The 2017-2021 Coal Development Implementation Plan of Uzbekistan also decided to exempt local enterprises from tariffs on imported electrical equipment, vehicles and tools, transformer parts and spare parts for coal mining and development projects set up on December 31, 2021.  This is really good for China's coal mine mechanical and electrical equipment manufacturing enterprises, can use this preferential policy to increase the development of uzbekistan market.  In terms of transformer demand in the current coal mine market, the demand for 6kV / 1000kVA dry isolation mine transformer is large, and the annual market demand is about 200 sets.  

Finally, Hengfengyou Electric also reminds coal mine electromechanical enterprises that want to develop the Uzbek market that the epidemic situation in Uzbekistan has not been completely controlled and there are still obstacles in personnel exchanges. It is expected that after the epidemic situation, they can inspect the local market through exhibitions and business tourism.  Uzbekistan is recommended by Sinosure to invest in high-quality projects along the Belt and Road. Therefore, China's coal mine electromechanical manufacturing enterprises need to pay attention to it.