Azerbaijan: Computing Machinery Market 2024

Computing Machinery Market Size in Azerbaijan

The Azerbaijani computing machinery market amounted to $X in 2021, increasing by 3.2% against the previous year. In general, consumption, however, continues to indicate a tangible increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Computing Machinery Production in Azerbaijan

In value terms, computing machinery production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, faced a deep slump. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Computing Machinery Exports

Exports from Azerbaijan

In 2021, approx. X tons of computing machinery and parts and accessories thereof were exported from Azerbaijan; waning by -21.3% compared with the previous year. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 308%. Over the period under review, the exports reached the maximum at X tons in 2020, and then fell notably in the following year.

In value terms, computing machinery exports reduced rapidly to $X in 2021. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 899% against the previous year. As a result, the exports attained the peak of $X, and then reduced rapidly in the following year.

Exports by Country

The UK (X tons) was the main destination for computing machinery exports from Azerbaijan, accounting for a 54% share of total exports. Moreover, computing machinery exports to the UK exceeded the volume sent to the second major destination, Georgia (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +76.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+44.6% per year) and the Netherlands (+54.5% per year).

In value terms, the Netherlands ($X), Georgia ($X) and the UK ($X) were the largest markets for computing machinery exported from Azerbaijan worldwide, with a combined 66% share of total exports. These countries were followed by France, Italy, Kyrgyzstan and Belarus, which together accounted for a further 8.1%.

Among the main countries of destination, Kyrgyzstan, with a CAGR of +81.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average computing machinery export price stood at $X per ton in 2021, declining by -82.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 181%. As a result, the export price attained the peak level of $X per ton, and then shrank sharply in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Computing Machinery Imports

Imports into Azerbaijan

In 2021, imports of computing machinery and parts and accessories thereof into Azerbaijan fell to X tons, reducing by -9.6% on the previous year's figure. In general, imports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2017 when imports increased by 89%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, computing machinery imports amounted to $X in 2021. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 91%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest computing machinery supplier to Azerbaijan, with a 56% share of total imports. Moreover, computing machinery imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. Vietnam (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-7.4% per year) and Vietnam (+55.8% per year).

In value terms, China ($X) constituted the largest supplier of computing machinery and parts and accessories thereof to Azerbaijan, comprising 62% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 15% share of total imports. It was followed by Vietnam, with a 1.8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +32.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+0.8% per year) and Vietnam (+66.8% per year).

Import Prices by Country

The average computing machinery import price stood at $X per ton in 2021, rising by 20% against the previous year. Overall, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 72% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, 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 China ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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