Azerbaijan: Electronic Metal Tester Market 2025

Electronic Metal Tester Market Size in Azerbaijan

The Azerbaijani electronic metal tester market soared to $X in 2021, surging by 162% against the previous year. Over the period under review, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Electronic Metal Tester Production in Azerbaijan

In value terms, electronic metal tester production soared to $X in 2021 estimated in export price. In general, production recorded a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 468%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Electronic Metal Tester Exports

Exports from Azerbaijan

In 2021, shipments abroad of electronic machines and appliances for testing metals decreased by -59.4% to X units, falling for the second year in a row after four years of growth. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 1,840% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, electronic metal tester exports declined significantly to $X in 2021. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 1,752% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Ukraine (X units) was the main destination for electronic metal tester exports from Azerbaijan, with a 92% share of total exports. Moreover, electronic metal tester exports to Ukraine exceeded the volume sent to the second major destination, Tajikistan (X units), more than tenfold. The third position in this ranking was taken by Georgia (X units), with a 1.8% share.

From 2012 to 2021, the average annual growth rate of volume to Ukraine stood at +52.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-97.6% per year) and Georgia (+22.0% per year).

In value terms, Tajikistan ($X) remains the key foreign market for electronic machines and appliances for testing metals exports from Azerbaijan, comprising 71% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 28% share of total exports. It was followed by Georgia, with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Tajikistan totaled -54.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+26.8% per year) and Georgia (+17.1% per year).

Export Prices by Country

The average electronic metal tester export price stood at $X per unit in 2021, waning by -4.3% against the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 552% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Tajikistan ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+1,774.9%), while the prices for the other major destinations experienced mixed trend patterns.

Electronic Metal Tester Imports

Imports into Azerbaijan

In 2021, supplies from abroad of electronic machines and appliances for testing metals was finally on the rise to reach X units after two years of decline. Over the period under review, imports saw a tangible expansion. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, electronic metal tester imports skyrocketed to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), Turkey (X units) and the United States (X units) were the main suppliers of electronic metal tester imports to Azerbaijan, with a combined 63% 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 the United Arab Emirates (with a CAGR of +48.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of electronic machines and appliances for testing metals to Azerbaijan, comprising 71% of total imports. The second position in the ranking was held by Turkey ($X), with an 8.5% share of total imports. It was followed by China, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +48.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+19.4% per year) and China (+64.9% per year).

Import Prices by Country

The average electronic metal tester import price stood at $X per unit in 2021, with an increase of 109% against the previous year. Overall, the import price, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 247%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+89.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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