Azerbaijan: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in Azerbaijan

After two years of growth, the Azerbaijani market for boards, sheets, panels, tiles and similar articles of plaster faced with paper decreased by -0.6% to $X in 2021. Over the period under review, consumption, however, continues to indicate a perceptible decline. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in Azerbaijan

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster faced with paper fell modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 31% against the previous year. Production of peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Exports from Azerbaijan

In 2021, shipments abroad of boards, sheets, panels, tiles and similar articles of plaster faced with paper decreased by -93.2% to X square meters, falling for the third consecutive year after three years of growth. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 426,701% against the previous year. The exports peaked at X square meters in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper dropped rapidly to $X in 2021. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 495,795% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Export Prices by Country

The average export price for boards, sheets, panels, tiles and similar articles of plaster faced with paper stood at $X per square meter in 2021, flattening at the previous year. Over the period from 2016 to 2021, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2017 an increase of 16% against the previous year. The export price peaked at $X per square meter in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

From 2016 to 2021, the rate of growth in terms of prices for Georgia amounted to -1.9% per year.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Imports into Azerbaijan

For the third consecutive year, Azerbaijan recorded decline in overseas purchases of boards, sheets, panels, tiles and similar articles of plaster faced with paper, which decreased by -5.8% to X square meters in 2021. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2018 when imports increased by 649%. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster faced with paper dropped to $X in 2021. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 533% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X square meters) was the main supplier of board, sheet, panel and tile faced with paper to Azerbaijan, accounting for a 91% share of total imports. Moreover, imports of boards, sheets, panels, tiles and similar articles of plaster faced with paper from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-18.2% per year) and Turkmenistan (0.0% per year).

In value terms, Russia ($X) constituted the largest supplier of boards, sheets, panels, tiles and similar articles of plaster faced with paper to Azerbaijan, comprising 88% of total imports. The second position in the ranking was held by Turkey ($X), with a 7.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia totaled -9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-23.9% per year) and Turkmenistan (0.0% per year).

Import Prices by Country

In 2021, the average import price for boards, sheets, panels, tiles and similar articles of plaster faced with paper amounted to $X per square meter, surging by 2% against the previous year. In general, the import price, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2015 an increase of 51%. As a result, import price reached the peak level of $X per square meter. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per square meter), while the price for Russia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-5.4%).

Source: IndexBox Platform

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