Report Update Nov 1, 2024

Azerbaijan - Heat Exchange Units - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Heat Exchange Unit Market 2024

Heat Exchange Unit Exports

Exports from Azerbaijan

In 2022, after two years of growth, there was significant decline in shipments abroad of heat exchange units, when their volume decreased by -92% to X units. Overall, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2018 when exports increased by 981% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, heat exchange unit exports fell notably to $X in 2022. In general, exports showed a noticeable slump. The pace of growth was the most pronounced in 2018 when exports increased by 1,306% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for heat exchange unit exports from Azerbaijan, with a 59% share of total exports. Moreover, heat exchange unit exports to the UK exceeded the volume sent to the second major destination, Russia (X units), threefold. The third position in this ranking was held by France (X units), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to +45.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-9.2% per year) and France (+23.9% per year).

In value terms, the UK ($X), France ($X) and Russia ($X) constituted the largest markets for heat exchange unit exported from Azerbaijan worldwide, with a combined 89% share of total exports.

The UK, with a CAGR of +52.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average heat exchange unit export price stood at $X per unit in 2022, jumping by 264% against the previous year. In general, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Heat Exchange Unit Imports

Imports into Azerbaijan

In 2022, imports of heat exchange units into Azerbaijan skyrocketed to X units, increasing by 17% compared with 2021. In general, imports saw a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 380% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, heat exchange unit imports rose remarkably to $X in 2022. Overall, imports posted a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 311%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X units) constituted the largest heat exchange unit supplier to Azerbaijan, with a 48% share of total imports. Moreover, heat exchange unit imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by Turkey (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea amounted to +26.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+33.3% per year) and Turkey (+13.5% per year).

In value terms, South Korea ($X) constituted the largest supplier of heat exchange units to Azerbaijan, comprising 46% of total imports. The second position in the ranking was taken by China ($X), with a 21% share of total imports. It was followed by Turkey, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from South Korea stood at +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+34.6% per year) and Turkey (+11.6% per year).

Import Prices by Country

The average heat exchange unit import price stood at $X per unit in 2022, shrinking by -8.9% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 51% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, 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 Italy ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+51.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for heat exchange units in the world?

The countries with the highest volumes of in 2021 were China, the United States and Turkey, with a combined 45% share of global consumption.

What are the largest producers of heat exchange units in the world?

China constituted the country with the largest volume of heat exchange unit production, accounting for 25% of total volume. Moreover, heat exchange unit production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Italy, with an 8.3% share.

What are the leading suppliers of heat exchange units to Azerbaijan?

In value terms, South Korea constituted the largest supplier of heat exchange unit to Azerbaijan, comprising 47% of total imports. The second position in the ranking was occupied by France, with a 12% share of total imports. It was followed by Russia, with an 8% share.

What are the leading importers of heat exchange units from Azerbaijan?

In value terms, the largest markets for heat exchange unit exported from Azerbaijan were Russia, the United States and the UK, with a combined 19% share of total exports. Luxembourg and Hong Kong SAR lagged somewhat behind, together accounting for a further 1.4%.

What is the average export price for heat exchange units in Azerbaijan?

In 2021, the average heat exchange unit export price amounted to $2,534 per unit, surging by 116% against the previous year.

What is the average import price for heat exchange units in Azerbaijan?

In 2021, the average heat exchange unit import price amounted to $824 per unit, reducing by -12.4% against the previous year.

This report provides an in-depth analysis of the heat exchange unit 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 28251130 - Heat exchange units

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