Report Update Nov 1, 2024

Azerbaijan - Glass Electrical Insulators - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Glass Electrical Insulator Market 2024

Glass Electrical Insulator Market Size in Azerbaijan

The Azerbaijani glass electrical insulator market expanded notably to $X in 2021, with an increase of 14% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a remarkable increase. Glass electrical insulator consumption peaked in 2021 and is expected to retain growth in the immediate term.

Glass Electrical Insulator Exports

Exports from Azerbaijan

After two years of decline, overseas shipments of glass electrical insulators decreased by 0% to X units in 2016. In general, exports recorded a significant decrease. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2016, the exports stood at a somewhat lower figure.

In value terms, glass electrical insulator exports stood at $X in 2016. Over the period under review, exports faced a dramatic shrinkage. The smallest decline of 99.9% was in 2014. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2016, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X units) was the main destination for glass electrical insulator exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2013 to 2016, the average annual rate of growth in terms of volume to Kyrgyzstan was relatively modest.

From 2013 to 2016, the average annual growth rate of value to Kyrgyzstan was relatively modest.

Export Prices by Country

In 2016, the average glass electrical insulator export price amounted to $X per unit, approximately equating the previous year. Over the period under review, the export price recorded a sharp slump. The most prominent rate of growth was recorded in 2014 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2016, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2013 to 2016, the rate of growth in terms of prices for Kyrgyzstan amounted to 0.0% per year.

Glass Electrical Insulator Imports

Imports into Azerbaijan

In 2021, approx. X units of glass electrical insulators were imported into Azerbaijan; increasing by 8.2% compared with 2020 figures. Overall, imports recorded resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by 146%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, glass electrical insulator imports surged to $X in 2021. Over the period under review, imports continue to indicate a notable expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 188% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Russia (X units) was the main supplier of glass electrical insulator to Azerbaijan, accounting for a approx. 99.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled +10.6%.

In value terms, Russia ($X) constituted the largest supplier of glass electrical insulators to Azerbaijan.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to +7.4%.

Import Prices by Country

The average glass electrical insulator import price stood at $X per unit in 2021, increasing by 7.2% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of 17% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +1.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass electrical insulators in the world?

The countries with the highest volumes of in 2021 were Brazil, Algeria and Italy, together accounting for 39% of global consumption. Indonesia, the United States, Vietnam, Canada, Malaysia, Turkey, China, Iraq, France and Portugal lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of glass electrical insulators in the world?

The countries with the highest volumes of in 2021 were China, Italy and Spain, with a combined 77% share of global production. Russia and Ukraine lagged somewhat behind, together accounting for a further 21%.

What are the leading suppliers of glass electrical insulators to Azerbaijan?

In value terms, Russia constituted the largest supplier of glass electrical insulator to Azerbaijan, comprising 99% of total imports. The second position in the ranking was occupied by Germany, with a 0.7% share of total imports.

What is the average export price for glass electrical insulators in Azerbaijan?

The average glass electrical insulator export price stood at $4.3 per unit in 2016, surging by 43% against the previous year.

What is the average import price for glass electrical insulators in Azerbaijan?

The average glass electrical insulator import price stood at $2.4 per unit in 2021, growing by 7.2% against the previous year.

This report provides an in-depth analysis of the glass electrical insulator 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 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)

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