Azerbaijan: Paper Making Machinery Market 2025

Paper Making Machinery Market Size in Azerbaijan

In 2021, after two years of decline, there was significant growth in the Azerbaijani paper making machinery market, when its value increased by 30% to $X. In general, consumption, however, showed a abrupt descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Paper Making Machinery Production in Azerbaijan

In value terms, paper making machinery production rose significantly to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of 14% against the previous year. Paper making machinery production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Paper Making Machinery Exports

Exports from Azerbaijan

After three years of decline, overseas shipments of machinery for making up paper pulp, paper or paperboard decreased by -75% to X units in 2020. In general, exports recorded a precipitous descent. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

In value terms, paper making machinery exports surged to $X in 2020. Overall, exports recorded a deep downturn. The exports peaked at $X in 2013; however, from 2014 to 2020, the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for paper making machinery exports from Azerbaijan, with a approx. 100% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of volume to Turkey amounted to -75.0%.

In value terms, Turkey ($X) also remains the key foreign market for machinery for making up paper pulp, paper or paperboard exports from Azerbaijan.

From 2013 to 2020, the average annual rate of growth in terms of value to Turkey stood at +84.4%.

Paper Making Machinery Imports

Imports into Azerbaijan

In 2021, after two years of decline, there was significant growth in purchases abroad of machinery for making up paper pulp, paper or paperboard, when their volume increased by 443% to X units. Overall, imports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 when imports increased by 875%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, paper making machinery imports soared to $X in 2021. Over the period under review, imports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2014 with an increase of 742% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), China (X units) and Turkey (X units) were the main suppliers of paper making machinery imports to Azerbaijan, together comprising 71% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +36.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of machinery for making up paper pulp, paper or paperboard to Azerbaijan, comprising 35% of total imports. The second position in the ranking was held by Spain ($X), with a 16% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Turkey amounted to +49.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+10.4% per year) and Italy (-32.3% per year).

Import Prices by Country

In 2021, the average paper making machinery import price amounted to $X per unit, shrinking by -5% against the previous year. Overall, the import price saw a drastic downturn. The growth pace was the most rapid in 2018 an increase of 44% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 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 Spain ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Georgia (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :