Report Update Nov 1, 2024

Azerbaijan - Base Metal Hooks, Eyes and Eyelets - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Base Metal Hook Market 2024

Base Metal Hook Market Size in Azerbaijan

In 2022, the Azerbaijani base metal hook market was finally on the rise to reach $X after two years of decline. In general, consumption recorded a pronounced setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Base Metal Hook Production in Azerbaijan

In value terms, base metal hook production fell modestly to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by 11%. Base metal hook production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Base Metal Hook Exports

Exports from Azerbaijan

In 2022, overseas shipments of base metal hooks, eyes and eyelets decreased by -83.3% to X kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a dramatic decrease. The pace of growth appeared the most rapid in 2020 with an increase of 100%. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, base metal hook exports soared to $X in 2022. In general, exports, however, saw a measured increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X kg) was the main destination for base metal hook exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Italy was relatively modest.

In value terms, Italy ($X) emerged as the key foreign market for base metal hooks, eyes and eyelets exports from Azerbaijan.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

The average base metal hook export price stood at $X per ton in 2022, surging by 2,165% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +13.8% per year.

Base Metal Hook Imports

Imports into Azerbaijan

In 2022, the amount of base metal hooks, eyes and eyelets imported into Azerbaijan surged to X tons, growing by 96% compared with 2021. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 1,283% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, base metal hook imports skyrocketed to $X in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 610% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Turkey (X tons) and Iran (X kg) were the main suppliers of base metal hook imports to Azerbaijan, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +87.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Iran ($X) appeared to be the largest base metal hook suppliers to Azerbaijan, with a combined 89% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +69.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average base metal hook import price stood at $X per ton in 2022, declining by -26.8% against the previous year. Overall, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 109%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Turkey ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+109.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal hooks, eyes and eyelets in the world?

The country with the largest volume of base metal hook consumption was China, comprising approx. 38% of total volume. Moreover, base metal hook consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. The United States ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of base metal hooks, eyes and eyelets in the world?

China constituted the country with the largest volume of base metal hook production, accounting for 58% of total volume. Moreover, base metal hook production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The United States ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of base metal hooks, eyes and eyelets to Azerbaijan?

In value terms, Turkey, China and the UK appeared to be the largest base metal hook suppliers to Azerbaijan, together accounting for 75% of total imports.

What are the leading importers of base metal hooks, eyes and eyelets from Azerbaijan?

In value terms, Georgia $186) remains the key foreign market for base metal hook exports from Azerbaijan, comprising 79% of total exports. The second position in the ranking was occupied by Lebanon $50), with a 21% share of total exports.

What is the average export price for base metal hooks, eyes and eyelets in Azerbaijan?

In 2021, the average base metal hook export price amounted to $5,488 per ton, waning by -58.4% against the previous year.

What is the average import price for base metal hooks, eyes and eyelets in Azerbaijan?

The average base metal hook import price stood at $7,573 per ton in 2021, growing by 93% against the previous year.

This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023