Azerbaijan - Flexographic Printing Machinery - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAzerbaijan: Flexographic Printing Machinery Market 2024
Flexographic Printing Machinery Market Size in Azerbaijan
The Azerbaijani flexographic printing machinery market surged to $X in 2022, increasing by 104% against the previous year. Over the period under review, consumption continues to indicate a significant expansion. Flexographic printing machinery consumption peaked in 2022 and is likely to see steady growth in the near future.
Flexographic Printing Machinery Production in Azerbaijan
In value terms, flexographic printing machinery production amounted to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 7,845,400%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.
Flexographic Printing Machinery Exports
Exports from Azerbaijan
In 2022, the amount of flexographic printing machinery exported from Azerbaijan reduced rapidly to X units, which is down by -75% against the year before. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 100% against the previous year. The exports peaked at X units in 2021, and then reduced markedly in the following year.
In value terms, flexographic printing machinery exports dropped dramatically to $X in 2022. Over the period under review, exports, however, showed a notable increase. The growth pace was the most rapid in 2017 with an increase of 423%. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined sharply in the following year.
Exports by Country
Iran (X units) was the main destination for flexographic printing machinery exports from Azerbaijan, accounting for a approx. 100% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Iran was relatively modest.
In value terms, Iran ($X) emerged as the key foreign market for flexographic printing machinery exports from Azerbaijan.
From 2012 to 2022, the average annual growth rate of value to Iran totaled +2.0%.
Export Prices by Country
In 2022, the average flexographic printing machinery export price amounted to $X per unit, falling by -62.5% against the previous year. Over the period under review, the export price, however, saw a noticeable expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 292%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +2.0% per year.
Flexographic Printing Machinery Imports
Imports into Azerbaijan
In 2022, approx. X units of flexographic printing machinery were imported into Azerbaijan; picking up by 113% on the previous year. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2018 with an increase of 508% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, flexographic printing machinery imports skyrocketed to $X in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 882%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Imports by Country
In 2022, Germany (X units) constituted the largest flexographic printing machinery supplier to Azerbaijan, with a 64% share of total imports. Moreover, flexographic printing machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold.
From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +38.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+30.2% per year) and China (+29.2% per year).
In value terms, Germany ($X) constituted the largest supplier of flexographic printing machinery to Azerbaijan, comprising 43% of total imports. The second position in the ranking was held by Turkey ($X), with a 17% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +39.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+76.5% per year) and China (+44.5% per year).
Import Prices by Country
The average flexographic printing machinery import price stood at $X per unit in 2022, shrinking by -44.1% against the previous year. In general, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 278%. As a result, import price reached the peak level of $X per unit, and then reduced remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+35.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the flexographic printing machinery 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 28991430 - Flexographic printing machinery
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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