Azerbaijan - Glass in the Mass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAzerbaijan: Market for Glass in The Mass 2024
Market Size for Glass in The Mass in Azerbaijan
The Azerbaijani glass in the mass market was estimated at $X in 2022, with an increase of 4.4% against the previous year. Over the period under review, consumption, however, posted a buoyant increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.
Production of Glass in The Mass in Azerbaijan
In value terms, glass in the mass production rose remarkably to $X in 2022 estimated in export price. Overall, production showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 31%. Glass in the mass production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
Exports of Glass in The Mass
Exports from Azerbaijan
In 2022, overseas shipments of glass in the mass increased by 18% to X kg, rising for the second year in a row after three years of decline. Over the period under review, exports, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2017 when exports increased by 500% against the previous year. Over the period under review, the glass in mass exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
In value terms, glass in the mass exports skyrocketed to $X in 2022. In general, exports, however, showed a dramatic contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 616%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports by Country
Russia (X kg) was the main destination for glass in the mass exports from Azerbaijan, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Russia stood at +207.7%.
In value terms, Russia ($X) emerged as the key foreign market for glass in the mass exports from Azerbaijan.
From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +376.2%.
Export Prices by Country
The average glass in the mass export price stood at $X per ton in 2022, jumping by 18% against the previous year. In general, the export price posted a significant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +54.8% per year.
Imports of Glass in The Mass
Imports into Azerbaijan
In 2022, overseas purchases of glass in the mass decreased by -95.1% to X kg, falling for the seventh year in a row after two years of growth. Overall, imports saw a precipitous contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 285%. Over the period under review, glass in mass imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.
In value terms, glass in the mass imports skyrocketed to $X in 2022. Over the period under review, imports recorded a abrupt contraction. Over the period under review, glass in mass imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Turkey (X kg) was the main glass in the mass supplier to Azerbaijan, with a 94% share of total imports. Moreover, glass in the mass imports from Turkey exceeded the figures recorded by the second-largest supplier, the UK (X kg), more than tenfold.
From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled -21.8%.
In value terms, Turkey ($X) constituted the largest supplier of glass in the mass to Azerbaijan, comprising 98% of total imports. The second position in the ranking was held by the UK ($X), with a 1.9% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Turkey was relatively modest.
Import Prices by Country
In 2022, the average glass in the mass import price amounted to $X per ton, increasing by 4,554% against the previous year. Overall, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for the UK amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+28.3%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for glass in the mass 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 23191110 - Glass in the mass (excluding glass in the form of powder, g ranules or flakes)
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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