Azerbaijan: Market for Float Glass And Surface Ground or Polished Glass 2025

Market Size for Float Glass And Surface Ground or Polished Glass in Azerbaijan

In 2022, the Azerbaijani market for float glass and surface ground or polished glass decreased by X% to $X, falling for the third consecutive year after four years of growth. Overall, consumption, however, saw a tangible expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Float Glass And Surface Ground or Polished Glass in Azerbaijan

In value terms, production of float glass and surface ground or polished glass fell to $X in 2022 estimated in export price. In general, production recorded a tangible increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Azerbaijan

In 2022, exports of float glass and surface ground or polished glass from Azerbaijan soared to X square meters, jumping by X% on 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of float glass and surface ground or polished glass surged to $X in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

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 or polished glass from Azerbaijan, with a combined X% share 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 Turkey (with a CAGR of X.0%), 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 or polished glass exported from Azerbaijan worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of X.1%, recorded 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

In 2022, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, shrinking by X% against the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2016; however, from 2017 to 2022, the export prices stood at a somewhat 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 (X%), while the prices for the other major destinations experienced a decline.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Azerbaijan

In 2022, purchases abroad of float glass and surface ground or polished glass decreased by X% to X square meters, falling for the third consecutive year after six years of growth. Overall, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports of hit record highs at X square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of float glass and surface ground or polished glass dropped to $X in 2022. In general, imports, however, posted a strong expansion. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Iran (X square meters) constituted the largest supplier of float glass and surface ground or polished glass to Azerbaijan, with a X% share of total imports. Moreover, imports of float glass and surface ground or polished glass from Iran exceeded the figures recorded by the second-largest supplier, Russia (X square meters), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Iran totaled X%.

In value terms, Iran ($X) and Russia ($X) were the largest float glass and surface ground or polished glass suppliers to Azerbaijan.

Iran, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, surging by X% against the previous year. Overall, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. 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 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 Russia ($X per square meter), while the price for Iran totaled $X per square meter.

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

Source: IndexBox Platform

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