Azerbaijan: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Azerbaijan

In 2022, the Azerbaijani market for boards, sheets, panels, or tiles of gypsum or plaster decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a perceptible setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Azerbaijan

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster expanded notably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. Production of peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from Azerbaijan

After three years of decline, overseas shipments of boards, sheets, panels, or tiles of gypsum or plaster increased by X% to X square meters in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster surged to $X in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Georgia (X square meters) was the main destination for exports of boards, sheets, panels, or tiles of gypsum or plaster from Azerbaijan, with a X% share of total exports. It was followed by Turkey (X square meters), with a X% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of volume to Georgia amounted to X%.

In value terms, Georgia ($X) remains the key foreign market for boards, sheets, panels, or tiles of gypsum or plaster exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of value to Georgia stood at X%.

Export Prices by Country

The average export price for boards, sheets, panels, or tiles of gypsum or plaster stood at $X per square meter in 2022, picking up by X% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $X per square meter in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per square meter), while the average price for exports to Turkey amounted to $X per square meter.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (X%).

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into Azerbaijan

Imports of boards, sheets, panels, or tiles of gypsum or plaster into Azerbaijan reduced rapidly to X square meters in 2022, which is down by X% against the previous year. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports of attained the maximum at X square meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster reduced remarkably to $X in 2022. Overall, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X square meters) constituted the largest supplier of board, sheet, panel, tile and similar article of plaster to Azerbaijan, with a X% share of total imports. Moreover, imports of boards, sheets, panels, or tiles of gypsum or plaster from Russia exceeded the figures recorded by the second-largest supplier, Turkmenistan (X square meters), sixfold. Turkey (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkmenistan (X% per year) and Turkey (X% per year).

In value terms, Russia ($X) constituted the largest supplier of boards, sheets, panels, or tiles of gypsum or plaster to Azerbaijan, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Turkmenistan (X% per year).

Import Prices by Country

In 2022, the average import price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, with an increase of X% against the previous year. In general, the import price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per square meter. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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