Azerbaijan - Aluminium Alloy Tubes and Pipes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAzerbaijan: Aluminium Alloy Tube Market 2024
Aluminium Alloy Tube Market Size in Azerbaijan
In 2022, the Azerbaijani aluminium alloy tube market decreased by -68.5% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a significant decrease. Aluminium alloy tube consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Aluminium Alloy Tube Exports
Exports from Azerbaijan
In 2021, after nine years of growth, there was significant decline in overseas shipments of aluminium alloy tubes and pipes, when their volume decreased by -6.7% to X tons. Over the period under review, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +10.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +150.2% against 2012 indices. The growth pace was the most rapid in 2013 with an increase of 50%. The exports peaked at X tons in 2020, and then dropped in the following year.
In value terms, aluminium alloy tube exports rose notably to $X in 2021. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
Georgia (X tons) was the main destination for aluminium alloy tube exports from Azerbaijan, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Georgia totaled +18.1%.
In value terms, Ukraine ($X) remains the key foreign market for aluminium alloy tubes and pipes exports from Azerbaijan, comprising 99.9% of total exports. The second position in the ranking was taken by Georgia ($X), with less than 0.1% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine amounted to +6,483.3%.
Export Prices by Country
In 2021, the average aluminium alloy tube export price amounted to $X per ton, picking up by 23% against the previous year. In general, the export price, however, saw a abrupt descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2012 to 2021, the rate of growth in terms of prices for Georgia amounted to -65.2% per year.
Aluminium Alloy Tube Imports
Imports into Azerbaijan
In 2022, purchases abroad of aluminium alloy tubes and pipes decreased by -70.1% to X tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 169%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.
In value terms, aluminium alloy tube imports declined sharply to $X in 2022. In general, imports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 245%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Turkey (X tons) constituted the largest aluminium alloy tube supplier to Azerbaijan, with a 68% share of total imports. Moreover, aluminium alloy tube imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X kg), eightfold. The third position in this ranking was held by Finland (X kg), with a 5.3% share.
From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to -17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-21.1% per year) and Finland (-15.1% per year).
In value terms, the largest aluminium alloy tube suppliers to Azerbaijan were Turkey ($X), Finland ($X) and China ($X), together accounting for 50% of total imports.
Finland, with a CAGR of -11.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
The average aluminium alloy tube import price stood at $X per ton in 2022, leveling off at the previous year. Overall, the import price continues to indicate a pronounced setback. The growth pace was the most rapid in 2019 an increase of 28% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the aluminium alloy tube market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24422650 - Aluminium alloy tubes and pipes (excluding hollow profiles, t ubes or pipe fittings, flexible tubing, tubes and pipes prepared for use in structures, machinery or vehicle parts, or the like)
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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