Bicycle chain market analyzed
The Competition Policy and Consumer Rights Research Center under the Competition Committee studied the competitive environment in the bicycle chain market, as well as the level of saturation of the domestic market with locally produced goods.
According to the analysis results:
Imports: in 2024, 284 companies imported bicycle chains from 23 countries totaling USD 3.3 million (821 tons).
Main import shares: The top 5 importing companies accounted for 33% of total imports.
- China — 75%
- Russia — 9%
- South Korea — 9%
- Other 20 countries — 7%
In 2024, 7 companies exported bicycle chains to 5 countries totaling USD 31 thousand (8 tons).
Domestic production: in 2024, 9 companies produced bicycle chains worth 18 billion UZS (130 tons).
Saturation level: according to calculations, the domestic market saturation with local products amounted to 13.8%.
It should be noted that under current regulations, a market is considered saturated when this показатель exceeds 80%.
Conclusion: domestic production in the bicycle chain market remains insufficient. At the same time, demand for this product remains high, indicating opportunities for expanding production capacity and implementing new investment projects.
