It can be said that as soon as this news came out, it alarmed all Uzbek automobile-related practitioners, including domestic practitioners and a large number of Chinese dealers, as for the purpose of the plan? What is the underlying logic? Which companies and individuals will be affected? It is not yet known, but we are waiting for market feedback after the implementation of the plan. In short, it fulfills the first risk in the Sino-Ukrainian market: policy changes. Here, we do not make too many excerpts from the plan, only provide a simple one-sided analysis, for your reference, the content is somewhat protective awareness, and indicates that Uzbekistan will take further control measures against the automobile industry in the later period, the following we explain the underlying logic of the Uzbek plan to restrict automobile imports from the three aspects of consumption, industry and employment, personal views, for reference only.
Consume. In the past three to five years, the Uzbekistan automobile consumer market has grown rapidly, before the epidemic, in addition to the production and manufacture of vehicles, but also exported to neighboring countries, due to the epidemic caused by the damage to the first chain, the vehicle production cycle is extended, the production capacity is reduced, and the market demand is seriously out of touch. During the epidemic, China's new energy electric vehicle manufacturing industry has risen rapidly, and the products, production capacity and leading advantages are close to traditional fuel vehicles. Then, due to the saturation of consumption power and the intensification of competition, at the end of 2023 after the epidemic, the overall market no longer has the growth rate and profit margin at that time, but the number of vehicle imports and practitioners is still increasing.
Industry. Next, we are looking at the logic of the impact of restricting automobile imports on the automobile industry in Ukraine. There are two main purposes for the early liberalization of new energy electric vehicles in Ukraine, one is to meet the needs of the domestic market, quickly build the influence of new energy electric vehicles in the psychology of automobile consumers, and at the same time, improve the surrounding facilities of new energy electric vehicles; The other is to screen foreign superior brands and technologies through imports, quickly realize the domestic electric vehicle manufacturing capacity and technical system, and later plan to export the new energy electric vehicles produced by the country to neighboring countries to form regional competitiveness. The planned import restriction policy has shown that Ukraine basically has and solves the above two major problems, laying the foundation for the development of the automobile market in the later stage.
Employment. At present, in Tashkent, the capital of Uzbekistan, from the vehicle **, customs, transportation, warehousing, entrepreneurship, operation, self-employment, etc., there have been a large number of people around the industry employment, the early look does solve the employment problem, but later with the increase in imports, more and more people are involved in it, but the market demand and profit margin are indeed decreasing, a large number of businesses once the investment is unfavorable, will inevitably produce closure, then there will be unpredictable unemployment risk, therefore, in the state of basic saturation of the market, limit the import and export of vehicles, which will help control the labor market risk in the industry.
Finally, the plan also stipulates that domestic car dealers in Ukraine need to be authorized by car brand manufacturers to sell, and new energy electric vehicle dealers are required to build charging piles, charging stations and other supporting facilities to sell, etc., these two provisions alone will restrict the normal operation of a large number of car dealers, as for the later period of the Ukrainian parliament will not adjust the policy again due to drastic changes in the market, we dare not comment, but from a large number of Chinese auto practitioners and vehicles are still pouring into the Ukrainian market, It is not difficult to see that the market supply and demand have undergone substantial changes, and here, relevant practitioners are reminded to pay attention to risks and reduce inventory in advance in order to adjust the direction in time.
*Please indicate that it is from the official website of Xinjiang Zhonglian Huayun International Freight.