Azerbaijan: Common Pottery Market 2024

Common Pottery Market Size in Azerbaijan

The Azerbaijani common pottery market stood at $X in 2022, remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded buoyant growth. Common pottery consumption peaked in 2022 and is expected to retain growth in the immediate term.

Common Pottery Exports

Exports from Azerbaijan

In 2022, the amount of common pottery exported from Azerbaijan declined remarkably to X tons, with a decrease of -54.1% against the year before. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2015 with an increase of 405%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, common pottery exports dropped remarkably to $X in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when exports increased by 449% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X tons), the UK (X tons) and Turkey (X kg) were the main destinations of common pottery exports from Azerbaijan, together comprising 83% of total exports. Turkmenistan, the United Arab Emirates, Switzerland, the United States and Georgia lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +328.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for common pottery exported from Azerbaijan were the UK ($X), Russia ($X) and Turkey ($X), together comprising 76% of total exports. The United Arab Emirates, Turkmenistan, the United States, Switzerland and Georgia lagged somewhat behind, together accounting for a further 23%.

The United Arab Emirates, with a CAGR of +454.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average common pottery export price amounted to $X per ton, rising by 60% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 353%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+39.3%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into Azerbaijan

Common pottery imports into Azerbaijan shrank slightly to X tons in 2022, with a decrease of -1.8% on the previous year's figure. In general, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 142% against the previous year. Imports peaked at X tons in 2021, and then fell modestly in the following year.

In value terms, common pottery imports amounted to $X in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2017 with an increase of 89%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest common pottery supplier to Azerbaijan, accounting for a 72% share of total imports. Moreover, common pottery imports from China exceeded the figures recorded by the second-largest supplier, Iran (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +51.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+17.3% per year) and Turkey (-15.1% per year).

In value terms, China ($X) constituted the largest supplier of common pottery to Azerbaijan, comprising 67% of total imports. The second position in the ranking was held by Iran ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +63.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+38.3% per year) and Turkey (+2.6% per year).

Import Prices by Country

The average common pottery import price stood at $X per ton in 2022, with an increase of 2.9% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 42%. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 Turkey (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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