Report Update Nov 1, 2024

Azerbaijan - Electric Filament Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Azerbaijan

For the third consecutive year, the Azerbaijani electric filament lamp market recorded decline in sales value, which decreased by -10% to $X in 2021. Overall, consumption showed a mild decline. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Electric Filament Lamp Exports

Exports from Azerbaijan

Electric filament lamp exports from Azerbaijan surged to X units in 2021, increasing by 65% on the year before. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 10,015%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, electric filament lamp exports totaled $X in 2021. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 10,598%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Russia (X units) was the main destination for electric filament lamp exports from Azerbaijan, with a 78% share of total exports. Moreover, electric filament lamp exports to Russia exceeded the volume sent to the second major destination, Georgia (X units), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia was relatively modest.

In value terms, Georgia ($X) emerged as the key foreign market for electric filament lamps exports from Azerbaijan, comprising 82% of total exports. The second position in the ranking was taken by Russia ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Georgia stood at +27.4%.

Export Prices by Country

The average electric filament lamp export price stood at $X per unit in 2021, falling by -33% against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 40% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Georgia ($X per unit), while the average price for exports to Russia amounted to less than $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+4.0%).

Electric Filament Lamp Imports

Imports into Azerbaijan

In 2021, approx. X units of electric filament lamps were imported into Azerbaijan; with a decrease of -7.7% against 2020. Over the period under review, imports saw a perceptible decrease. The pace of growth appeared the most rapid in 2018 when imports increased by 56% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electric filament lamp imports contracted to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 77%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Russia (X units) and Kyrgyzstan (X units) were the main suppliers of electric filament lamp imports to Azerbaijan, together accounting for 84% of total imports. The United Arab Emirates, Ukraine and Turkey lagged somewhat behind, together comprising a further 12%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +11.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest electric filament lamp suppliers to Azerbaijan were Russia ($X), the United Arab Emirates ($X) and China ($X), together comprising 74% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +23.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electric filament lamp import price amounted to $X per unit, which is down by -3.7% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric filament lamp import price increased by +11.9% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 77% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.2%), 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 electric filament lamps in the world?

The countries with the highest volumes of electric filament lamp consumption in 2020 were China, the U.S. and Russia, with a combined 37% share of global consumption.

What are the largest producers of electric filament lamps in the world?

The country with the largest volume of electric filament lamp production was China, comprising approx. 46% of total volume. Moreover, electric filament lamp production in China exceeded the figures recorded by the second-largest producer, Russia, sixfold. The third position in this ranking was occupied by India, with a 7.1% share.

What are the leading suppliers of electric filament lamps to Azerbaijan?

In value terms, Russia constituted the largest supplier of electric filament lamp to Azerbaijan, comprising 50% of total imports. The second position in the ranking was occupied by China, with a 23% share of total imports.

What are the leading importers of electric filament lamps from Azerbaijan?

In value terms, Ukraine $38) emerged as the key foreign market for electric filament lamp exports from Azerbaijan, comprising 95% of total exports. The second position in the ranking was occupied by Georgia $2), with a 5% share of total exports.

What is the average export price for electric filament lamps in Azerbaijan?

The average electric filament lamp export price stood at $0.5 per unit in 2020, shrinking by -49.1% against the previous year.

What is the average import price for electric filament lamps in Azerbaijan?

In 2020, the average electric filament lamp import price amounted to $0.1 per unit, shrinking by -9.4% against the previous year.

This report provides an in-depth analysis of the electric filament lamp 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 27401300 - Filament lamps of a power . .200 W and for a voltage > .100 V including reflector lamps (excluding ultraviolet, infrared lamps, t ungsten halogen filament lamps and sealed beam lamp units)
Prodcom 27401460 - Filament lamps for motorcycles or other motor vehicles excluding sealed beam lamp units, tungsten halogen lamps
Prodcom 27401490 - Filament lamps n.e.c.

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