The padlock market has been analyzed
The Competition Policy and Consumer Rights Research Center under the Competition Committee has studied the competitive environment in the padlock market as well as the level of domestic market saturation with locally produced goods.
According to the analysis results:
Imports: In 2024, 116 companies imported padlocks from 11 countries totaling USD 967 thousand (892 tons).
Main share of imports: The top 5 importing companies accounted for 47% of total imports.
China — 99%
Other countries — 1%
Exports: No exports of padlocks were recorded in 2024.
Domestic production: In 2024, 2 companies produced padlocks worth UZS 1.5 billion (15 tons).
Market saturation: The level of domestic market saturation with locally produced goods amounted to 1.6%. It should be noted that a market is considered saturated when this indicator exceeds 80%.
Conclusion: The share of domestic production in the padlock market remains extremely low, and the market is highly dependent on imports. At the same time, there is steady domestic demand, indicating significant opportunities for expanding production capacity and implementing new investment projects.
