Report Update Nov 1, 2024

Azerbaijan - Civil Reaction Engines - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in Azerbaijan

In 2021, the Azerbaijani civil reaction engine market increased by 63% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded a remarkable increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Civil Reaction Engine Exports

Exports from Azerbaijan

In 2018, civil reaction engine exports from Azerbaijan shrank dramatically to X units, with a decrease of -80% against the year before. Overall, exports faced a sharp shrinkage. The exports peaked at X units in 2017, and then declined dramatically in the following year.

In value terms, civil reaction engine exports dropped remarkably to $X in 2018. Over the period under review, exports recorded a significant contraction. The exports peaked at $X in 2017, and then shrank sharply in the following year.

Exports by Country

The UK (X units) was the main destination for civil reaction engine exports from Azerbaijan, with a approx. 100% share of total exports.

From 2017 to 2018, the average annual growth rate of volume to the UK was relatively modest.

In value terms, the UK ($X) emerged as the key foreign market for civil reaction engines exports from Azerbaijan.

From 2017 to 2018, the average annual rate of growth in terms of value to the UK amounted to +5,733.3%.

Export Prices by Country

The average civil reaction engine export price stood at $X per unit in 2018, with a decrease of -57.4% against the previous year. Over the period under review, the export price faced a precipitous contraction. The export price peaked at $X per unit in 2017, and then contracted markedly in the following year.

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

From 2017 to 2018, the rate of growth in terms of prices for the UK amounted to +7,933.3% per year.

Civil Reaction Engine Imports

Imports into Azerbaijan

In 2021, approx. X units of civil reaction engines were imported into Azerbaijan; rising by 100% against 2020 figures. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 946%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, civil reaction engine imports surged to $X in 2021. Over the period under review, imports saw a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by 1,213% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Russia (X units), the UK (X units) and China (X units) were the main suppliers of civil reaction engine imports to Azerbaijan, with a combined 93% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +22.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of civil reaction engines to Azerbaijan, comprising 61% of total imports. The second position in the ranking was held by Russia ($X), with a 23% share of total imports. It was followed by Turkey, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK amounted to +33.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+177.9% per year) and Turkey (+2.8% per year).

Import Prices by Country

The average civil reaction engine import price stood at $X per unit in 2021, with a decrease of -18.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 112% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+139.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for civil reaction engines in the world?

The countries with the highest volumes of in 2021 were South Africa, Singapore and Indonesia, together accounting for 40% of global consumption. Nigeria, Kenya, Spain, the Netherlands, the United States, Colombia, Hungary, Brazil and the UK lagged somewhat behind, together accounting for a further 42%.

What are the largest producers of civil reaction engines in the world?

South Africa constituted the country with the largest volume of civil reaction engine production, comprising approx. 47% of total volume. Moreover, civil reaction engine production in South Africa exceeded the figures recorded by the second-largest producer, Poland, fourfold. The third position in this ranking was occupied by Spain, with an 11% share.

What are the leading suppliers of civil reaction engines to Azerbaijan?

In value terms, Russia constituted the largest supplier of civil reaction engine to Azerbaijan, comprising 87% of total imports. The second position in the ranking was occupied by Turkey $400), with a 2.4% share of total imports.

What are the leading importers of civil reaction engines from Azerbaijan?

In value terms, the UK remains the key foreign market for civil reaction engine exports from Azerbaijan.

What is the average export price for civil reaction engines in Azerbaijan?

In 2021, the average civil reaction engine export price amounted to $3,078 per unit, remaining relatively unchanged against the previous year.

What is the average import price for civil reaction engines in Azerbaijan?

In 2021, the average civil reaction engine import price amounted to $128 per unit, which is down by -80.1% against the previous year.

This report provides an in-depth analysis of the civil reaction engine 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 30301300 - Reaction engines, for civil use (including ramjets, pulse jets and rocket engines) (excluding turbojets, guided missiles incorporating power units)

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