Report Update Nov 1, 2024

Azerbaijan - Industrial Robots for Multiple Uses - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Industrial Robot Market 2024

Industrial Robot Market Size in Azerbaijan

The Azerbaijani industrial robot market rose to $X in 2021, picking up by 3.2% against the previous year. In general, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.6% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Industrial Robot Production in Azerbaijan

In value terms, industrial robot production reached $X in 2021 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.2% against 2019 indices. The growth pace was the most rapid in 2014 when the production volume increased by 69% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Industrial Robot Exports

Exports from Azerbaijan

In 2012, approx. X units of industrial robots for multiple uses were exported from Azerbaijan; remaining constant against 2011 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2012 and are likely to see gradual growth in years to come.

In value terms, industrial robot exports totaled $X in 2012. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2012 and are likely to see steady growth in the immediate term.

Exports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

From 2012 to 2021, the average annual growth rate of value to No country was relatively modest.

Industrial Robot Imports

Imports into Azerbaijan

Industrial robot imports into Azerbaijan reduced notably to X units in 2021, waning by -44.6% against the year before. In general, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2020 when imports increased by 289% against the previous year. As a result, imports attained the peak of X units, and then fell markedly in the following year.

In value terms, industrial robot imports contracted to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 132%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X units) constituted the largest supplier of industrial robot to Azerbaijan, accounting for a 68% share of total imports. Moreover, industrial robot imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.2% per year) and Italy (+13.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of industrial robots for multiple uses to Azerbaijan, comprising 66% of total imports. The second position in the ranking was held by Norway ($X), with a 26% share of total imports. It was followed by Italy, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value from Turkey amounted to +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+26.6% per year) and Italy (+12.7% per year).

Import Prices by Country

The average industrial robot import price stood at $X per unit in 2021, growing by 76% against the previous year. Overall, the import price, however, showed a deep contraction. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Norway ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+12.7%), 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 industrial robots for multiple uses in the world?

The countries with the highest volumes of industrial robot consumption in 2020 were China, United States and Japan, together accounting for 47% of global consumption. France, Hong Kong SAR, Ethiopia, the UK, Italy, South Korea, Canada, India and Spain lagged somewhat behind, together accounting for a further 20%.

What are the largest producers of industrial robots for multiple uses in the world?

The countries with the highest volumes of industrial robot production in 2020 were China, Japan and Germany, with a combined 63% share of global production.

What are the leading suppliers of industrial robots for multiple uses to Azerbaijan?

In value terms, Turkey constituted the largest supplier of industrial robot to Azerbaijan, comprising 29% of total imports. The second position in the ranking was occupied by Italy, with a 2.6% share of total imports. It was followed by China, with a 0.6% share.

What is the average export price for industrial robots for multiple uses in Azerbaijan?

In 2012, the average industrial robot export price amounted to $21,317 per unit, stabilizing at the previous year.

What is the average import price for industrial robots for multiple uses in Azerbaijan?

The average industrial robot import price stood at $17,309 per unit in 2020, falling by -30.5% against the previous year.

This report provides an in-depth analysis of the industrial robot 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 28993935 - Industrial robots for multiple uses (excluding robots designed to perform a specific function (e.g. lifting, handling, loading or unloading))

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