Report Update Nov 1, 2024

Azerbaijan - Granules, Chippings and Powder of Monumental Stone - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Azerbaijan: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in Azerbaijan

In 2021, the Azerbaijani market for granules, chippings and powder of monumental stone increased by 41% to $X, rising for the second consecutive year after four years of decline. Overall, consumption saw strong growth. Monumental stone granules and powder consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Azerbaijan

After five years of decline, shipments abroad of granules, chippings and powder of monumental stone increased by 43% to X kg in 2021. Overall, exports, however, saw a precipitous decrease. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, monumental stone granules and powder exports surged to $X in 2021. In general, exports, however, recorded a sharp decrease. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X kg) was the main destination for monumental stone granules and powder exports from Azerbaijan, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Canada amounted to -23.9%.

In value terms, Canada ($X) also remains the key foreign market for granules, chippings and powder of monumental stone exports from Azerbaijan.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to -11.8%.

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2021, growing by 50% against the previous year. In general, the export price, however, continues to indicate a abrupt slump. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to +15.5% per year.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Azerbaijan

In 2021, supplies from abroad of granules, chippings and powder of monumental stone increased by 52% to X tons, rising for the second consecutive year after four years of decline. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 132% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, monumental stone granules and powder imports surged to $X in 2021. Overall, imports recorded a pronounced expansion. The pace of growth was the most pronounced in 2014 when imports increased by 140% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main monumental stone granules and powder supplier to Azerbaijan, accounting for a 92% share of total imports. It was followed by Iran (X tons), with a 2.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (-13.4% per year) and Russia (-9.2% per year).

In value terms, Turkey ($X) constituted the largest supplier of granules, chippings and powder of monumental stone to Azerbaijan, comprising 76% of total imports. The second position in the ranking was held by Iran ($X), with a 2.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (-13.7% per year) and Russia (-8.2% per year).

Import Prices by Country

The average import price for granules, chippings and powder of monumental stone stood at $X per ton in 2021, dropping by -17.3% against the previous year. Overall, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for granules, chippings and powder of monumental stone in the world?

The countries with the highest volumes of monumental stone granules and powder consumption in 2020 were China, Hong Kong SAR and Germany, with a combined 33% share of global consumption.

What are the largest producers of granules, chippings and powder of monumental stone in the world?

China remains the largest monumental stone granules and powder producing country worldwide, comprising approx. 24% of total volume. Moreover, monumental stone granules and powder production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by the United States, with a 7.7% share.

What are the leading suppliers of granules, chippings and powder of monumental stone to Azerbaijan?

In value terms, Turkey constituted the largest supplier of monumental stone granules and powder to Azerbaijan, comprising 76% of total imports. The second position in the ranking was occupied by Germany, with a 10% share of total imports.

What are the leading importers of granules, chippings and powder of monumental stone from Azerbaijan?

In value terms, Canada $7) and South Africa $7) were the largest markets for monumental stone granules and powder exported from Azerbaijan worldwide.

What is the average export price for granules, chippings and powder of monumental stone in Azerbaijan?

The average export price for granules, chippings and powder of monumental stone stood at $36 per ton in 2020, dropping by -31% against the previous year.

What is the average import price for granules, chippings and powder of monumental stone in Azerbaijan?

The average import price for granules, chippings and powder of monumental stone stood at $311 per ton in 2020, increasing by 48% against the previous year.

This report provides an in-depth analysis of the market for monumental stone granules and powder 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 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone

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