Azerbaijan: Hydraulic Automatic Regulators Market 2025

Hydraulic Automatic Regulators Market Size in Azerbaijan

In 2021, after three years of growth, there was significant decline in the Azerbaijani hydraulic automatic regulators market, when its value decreased by -69.6% to $X. In general, consumption, however, showed a modest increase. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Hydraulic Automatic Regulators Exports

Exports from Azerbaijan

In 2021, hydraulic automatic regulators exports from Azerbaijan skyrocketed to X units, rising by 66% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2017 with an increase of 638% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, hydraulic automatic regulators exports surged to $X in 2021. Overall, exports continue to indicate notable growth. The pace of growth appeared the most rapid in 2013 when exports increased by 4,425%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Georgia (X units) was the main destination for hydraulic automatic regulators exports from Azerbaijan, with a 55% share of total exports. Moreover, hydraulic automatic regulators exports to Georgia exceeded the volume sent to the second major destination, Russia (X units), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia totaled +47.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-5.8% per year) and the United Arab Emirates (+33.0% per year).

In value terms, Georgia ($X), Russia ($X) and the United Arab Emirates ($X) were the largest markets for hydraulic automatic regulators exported from Azerbaijan worldwide.

In terms of the main countries of destination, Georgia, with a CAGR of +100.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average hydraulic automatic regulators export price amounted to $X per unit, falling by -11.1% against the previous year. Over the period under review, the export price, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 911%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+167.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Automatic Regulators Imports

Imports into Azerbaijan

In 2021, overseas purchases of hydraulic or pneumatic automatic regulating instruments decreased by -69.2% to X units for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, recorded mild growth. The growth pace was the most rapid in 2015 with an increase of 1,319%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, hydraulic automatic regulators imports declined remarkably to $X in 2021. Over the period under review, imports showed a perceptible contraction. The pace of growth appeared the most rapid in 2015 with an increase of 1,822%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), the United Arab Emirates (X units) and Saudi Arabia (X units) were the main suppliers of hydraulic automatic regulators imports to Azerbaijan, with a combined 23% share of total imports. These countries were followed by Turkey, Belgium, the Netherlands and Croatia, which together accounted for a further 5.2%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +73.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and Saudi Arabia ($X) constituted the largest hydraulic automatic regulators suppliers to Azerbaijan, with a combined 34% share of total imports. Belgium, the Netherlands, Turkey and Croatia lagged somewhat behind, together comprising a further 6.9%.

In terms of the main suppliers, Belgium, with a CAGR of +30.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hydraulic automatic regulators import price stood at $X per unit in 2021, falling by -30% against the previous year. Over the period under review, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 1,310%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Saudi Arabia ($X per unit), while the price for Croatia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :