Report Update Nov 1, 2024

Azerbaijan - Gypsum Plasters - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Plaster Market 2024

Plaster Market Size in Azerbaijan

The Azerbaijani plaster market fell to $X in 2022, with a decrease of -2% against the previous year. Overall, consumption continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 8.4% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Plaster Production in Azerbaijan

In value terms, plaster production rose modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the production volume increased by 9.1% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Plaster Exports

Exports from Azerbaijan

After three years of decline, shipments abroad of plaster decreased by 0% to X tons in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 1,404% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, plaster exports totaled $X in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,379%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Georgia (X tons) and Russia (X tons) were the main destinations of plaster exports from Azerbaijan.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Georgia (with a CAGR of +100.5%).

In value terms, Georgia ($X) and Russia ($X) appeared to be the largest markets for plaster exported from Azerbaijan worldwide.

Georgia, with a CAGR of +92.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average plaster export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 21%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-3.3%).

Plaster Imports

Imports into Azerbaijan

Plaster imports into Azerbaijan dropped to X tons in 2022, which is down by -8.4% against 2021. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 64%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, plaster imports surged to $X in 2022. In general, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when imports increased by 234% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Iran (X tons) constituted the largest plaster supplier to Azerbaijan, with a 89% share of total imports. Moreover, plaster imports from Iran exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Iran stood at +43.3%.

In value terms, Iran ($X) and Turkey ($X) were the largest plaster suppliers to Azerbaijan.

Among the main suppliers, Iran, with a CAGR of +55.4%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average plaster import price amounted to $X per ton, picking up by 35% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 184%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 Iran totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plaster in the world?

The country with the largest volume of plaster consumption was China, accounting for 25% of total volume. Moreover, plaster consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by Russia, with a 5.5% share.

What are the largest producers of plaster in the world?

The country with the largest volume of plaster production was China, accounting for 25% of total volume. Moreover, plaster production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by Turkey, with a 5.9% share.

What are the leading suppliers of plaster to Azerbaijan?

In value terms, Iran constituted the largest supplier of plaster to Azerbaijan, comprising 72% of total imports. The second position in the ranking was occupied by Turkey, with a 12% share of total imports. It was followed by the UK, with a 4.7% share.

What are the leading importers of plaster from Azerbaijan?

In value terms, China remains the key foreign market for plaster exports from Azerbaijan, comprising 69% of total exports. The second position in the ranking was occupied by Georgia, with a 16% share of total exports.

What is the average export price for plaster in Azerbaijan?

In 2021, the average plaster export price amounted to $126 per ton, which is down by -15.1% against the previous year.

What is the average import price for plaster in Azerbaijan?

In 2021, the average plaster import price amounted to $643 per ton, which is down by -32.9% against the previous year.

This report provides an in-depth analysis of the plaster 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 23522000 - Plasters consisting of calcined gypsum or calcium sulphate (including for use in building, for use in dressing woven fabrics or surfacing paper, for use in dentistry)

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