Azerbaijan: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Azerbaijan

In 2022, the Azerbaijani market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground decreased by -22.2% to $X, falling for the third year in a row after four years of growth. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Azerbaijan

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground contracted modestly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a perceptible increase. The growth pace was the most rapid in 2019 with an increase of 70% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports from Azerbaijan

Exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Azerbaijan surged to X square meters in 2022, jumping by 167% compared with the previous year. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,368,796% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground surged to $X in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 229,638%. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Ukraine (X square meters), Turkey (X square meters) and Poland (X square meters) were the main destinations of exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Azerbaijan, together accounting for 88% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +1,037.3%), while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Turkey ($X) and Poland ($X) constituted the largest markets for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exported from Azerbaijan worldwide, together accounting for 79% of total exports.

Poland, with a CAGR of +258.2%, recorded 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 export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X per square meter, falling by -41.3% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 88% against the previous year. The export price peaked at $X per square meter in 2016; however, from 2017 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 Georgia ($X per square meter), while the average price for exports to Poland ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-6.9%), while the prices for the other major destinations experienced a decline.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports into Azerbaijan

Imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground into Azerbaijan surged to X square meters in 2022, rising by 102% on 2021. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of 129%. Imports peaked at X square meters in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground surged to $X in 2022. Over the period under review, imports, however, showed a drastic downturn. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X square meters) constituted the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier to Azerbaijan, accounting for a 72% share of total imports. Moreover, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Russia exceeded the figures recorded by the second-largest supplier, Iran (X square meters), threefold. The third position in this ranking was taken by Turkey (X square meters), with less than 0.1% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+46.3% per year) and Turkey (-37.5% per year).

In value terms, Russia ($X) constituted the largest supplier of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Azerbaijan, comprising 77% of total imports. The second position in the ranking was taken by Iran ($X), with a 21% share of total imports. It was followed by Turkey, with a 0.1% share.

From 2012 to 2022, the average annual growth rate of value from Russia totaled +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+38.6% per year) and Turkey (-39.6% per year).

Import Prices by Country

The average import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2022, picking up by 34% against the previous year. In general, the import price enjoyed a modest expansion. The growth pace was the most rapid in 2013 an increase of 77%. As a result, import price attained the peak level of $X per square meter. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Belarus ($X per square meter), while the price for Iran ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform