Azerbaijan: Metal Tubular Rivet Market 2025

Metal Tubular Rivet Market Size in Azerbaijan

The Azerbaijani metal tubular rivet market declined to $X in 2021, standing approx. at the previous year. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -14.0% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Metal Tubular Rivet Production in Azerbaijan

In value terms, metal tubular rivet production declined slightly to $X in 2021 estimated in export price. In general, the total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -10.3% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 52% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Metal Tubular Rivet Exports

Exports from Azerbaijan

Metal tubular rivet exports from Azerbaijan soared to X kg in 2020, rising by 100% against the previous year. Over the period under review, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal tubular rivet exports soared to $X in 2020. Overall, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X kg) was the main destination for metal tubular rivet exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2016 to 2020, the average annual rate of growth in terms of volume to the UK was relatively modest.

In value terms, the UK ($X) emerged as the key foreign market for base metal tubular or bifurcated rivets exports from Azerbaijan.

From 2016 to 2020, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

In 2020, the average metal tubular rivet export price amounted to $X per ton, falling by -43.5% against the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2019, and then reduced rapidly in the following year.

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

From 2016 to 2020, the rate of growth in terms of prices for Georgia amounted to 0.0% per year.

Metal Tubular Rivet Imports

Imports into Azerbaijan

In 2021, purchases abroad of base metal tubular or bifurcated rivets decreased by -15% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 178% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, metal tubular rivet imports reduced rapidly to $X in 2021. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 340%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), Turkey (X tons) and China (X kg) were the main suppliers of metal tubular rivet imports to Azerbaijan, together accounting for 82% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +106.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Germany ($X) and Portugal ($X) were the largest metal tubular rivet suppliers to Azerbaijan, with a combined 66% share of total imports. These countries were followed by Turkey, China, the Netherlands and Spain, which together accounted for a further 25%.

In terms of the main suppliers, the Netherlands, with a CAGR of +144.8%, saw 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 metal tubular rivet import price stood at $X per ton in 2021, which is down by -33.2% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 96% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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