We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Azerbaijan - Iron or Steel Chain - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Azerbaijan - Iron or Steel Chain - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
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: Metal Chain Market 2025

Metal Chain Market Size in Azerbaijan

The Azerbaijani metal chain market surged to $X in 2022, growing by 33% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a strong expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Metal Chain Exports

Exports from Azerbaijan

In 2022, exports of iron or steel chain from Azerbaijan soared to X tons, jumping by 1,699% compared with the previous year. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 14,550% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, metal chain exports soared to $X in 2022. Over the period under review, exports enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 3,612%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkmenistan (X tons) was the main destination for metal chain exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkmenistan stood at +40.9%.

In value terms, Turkmenistan ($X) also remains the key foreign market for iron or steel chain exports from Azerbaijan.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkmenistan amounted to +15.1%.

Export Prices by Country

In 2022, the average metal chain export price amounted to $X per ton, falling by -60.4% against the previous year. Over the period under review, the export price recorded a abrupt descent. The growth pace was the most rapid in 2019 an increase of 393%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkmenistan amounted to -18.3% per year.

Metal Chain Imports

Imports into Azerbaijan

Metal chain imports into Azerbaijan expanded remarkably to X tons in 2022, picking up by 7.7% compared with 2021. Over the period under review, imports showed a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 820%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, metal chain imports skyrocketed to $X in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 649%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Turkey (X tons) and Norway (X tons) were the main suppliers of metal chain imports to Azerbaijan, with a combined 95% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +31.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) constituted the largest supplier of iron or steel chain to Azerbaijan, comprising 69% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by Turkey, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Norway amounted to +33.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.3% per year) and Turkey (+21.7% per year).

Import Prices by Country

In 2022, the average metal chain import price amounted to $X per ton, increasing by 177% against the previous year. Overall, the import price continues to indicate tangible growth. The import price peaked at $X per ton in 2015; however, from 2016 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 Norway ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 40% of global consumption. These countries were followed by Japan, Russia, Indonesia, Italy, France, Canada, South Korea, Turkey, Australia and Germany, which together accounted for a further 34%.
The country with the largest volume of metal chain production was China, comprising approx. 31% of total volume. Moreover, metal chain production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 9.4% share.
In value terms, the largest metal chain suppliers to Azerbaijan were Turkey, China and Russia, with a combined 68% share of total imports. These countries were followed by France, Sweden, South Korea and Iran, which together accounted for a further 14%.
In value terms, Georgia and Turkmenistan constituted the largest markets for metal chain exported from Azerbaijan worldwide.
In 2021, the average metal chain export price amounted to $3,279 per ton, which is down by -81.8% against the previous year.
The average metal chain import price stood at $5,116 per ton in 2021, growing by 47% against the previous year.

This report provides an in-depth analysis of the metal chain 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 25931750 - Iron or steel chain excluding articulated link chain, skid chain, s tud-link and welded link chain - chain saws, or other articles in which chains play a subsidiary role, surveying chains

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

Recommended reports

Asia - Iron or Steel Chain - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 346

This report provides an in-depth analysis of the metal chain market in Asia.

U.S. - Iron or Steel Chain - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 245

This report provides an in-depth analysis of the metal chain market in the U.S..

China - Iron or Steel Chain - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 217

This report provides an in-depth analysis of the metal chain market in China.

EU - Iron or Steel Chain - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 223

This report provides an in-depth analysis of the metal chain market in the EU.

World - Iron or Steel Chain - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 475

This report provides an in-depth analysis of the global metal chain market.

Free Data: Iron Or Steel Chain - Azerbaijan
Table
Iron Or Steel Chain - Azerbaijan - Table
Dashboard
Iron Or Steel Chain - Azerbaijan - Dashboard
Report
Iron Or Steel Chain - Azerbaijan - Report