Report Update Nov 1, 2024

Azerbaijan - Machines for Mixing Mineral Substances With Bitumen - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Bitumen Mixer Market 2024

Bitumen Mixer Market Size in Azerbaijan

The Azerbaijani bitumen mixer market soared to $X in 2021, jumping by 55% against the previous year. Overall, consumption, however, recorded a dramatic descent. Bitumen mixer consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Bitumen Mixer Production in Azerbaijan

In value terms, bitumen mixer production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2013 with an increase of 8.5%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Bitumen Mixer Exports

Exports from Azerbaijan

In 2021, overseas shipments of machines for mixing mineral substances with bitumen decreased by -80% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 400%. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, bitumen mixer exports dropped notably to $X in 2021. Overall, exports saw a abrupt decrease. The growth pace was the most rapid in 2015 when exports increased by 3,253% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Ukraine (X units) was the main destination for bitumen mixer exports from Azerbaijan, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Ukraine stood at -41.8%.

From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine totaled -36.6%.

Export Prices by Country

In 2021, the average bitumen mixer export price amounted to $X per unit, surging by 98% against the previous year. Overall, the export price, however, showed a abrupt decrease. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Ukraine amounted to +8.9% per year.

Bitumen Mixer Imports

Imports into Azerbaijan

In 2021, the amount of machines for mixing mineral substances with bitumen imported into Azerbaijan shrank notably to X units, waning by -16.7% compared with the previous year's figure. Overall, imports faced a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 300%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, bitumen mixer imports skyrocketed to $X in 2021. In general, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of 1,519% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), the United States (X units) and Turkey (X units) were the main suppliers of bitumen mixer imports to Azerbaijan, with a combined 80% share of total imports. These countries were followed by Italy, which accounted for a further 10%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of -18.1%), while imports for the other leaders experienced a decline.

In value terms, the largest bitumen mixer suppliers to Azerbaijan were the United States ($X), Turkey ($X) and Germany ($X), together comprising 90% of total imports.

The United States, with a CAGR of +8.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average bitumen mixer import price amounted to $X per unit, surging by 794% against the previous year. Over the period under review, the import price enjoyed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+65.5%), 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 machines for mixing mineral substances with bitumen in the world?

The countries with the highest volumes of bitumen mixer consumption in 2021 were South Korea, Ukraine and Indonesia, with a combined 30% share of global consumption. Croatia, Thailand, Brazil, Egypt, Turkey, Senegal, Kazakhstan, Spain, Micronesia and Romania lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of machines for mixing mineral substances with bitumen in the world?

The countries with the highest volumes of bitumen mixer production in 2021 were South Korea, Germany and Turkey, with a combined 52% share of global production.

What are the leading suppliers of machines for mixing mineral substances with bitumen to Azerbaijan?

In value terms, Turkey constituted the largest supplier of bitumen mixer to Azerbaijan, comprising 67% of total imports. The second position in the ranking was occupied by Italy, with a 16% share of total imports.

What is the average export price for machines for mixing mineral substances with bitumen in Azerbaijan?

The average bitumen mixer export price stood at $5,333 per unit in 2021, stabilizing at the previous year.

What is the average import price for machines for mixing mineral substances with bitumen in Azerbaijan?

In 2021, the average bitumen mixer import price amounted to $27,324 per unit, which is down by -10.8% against the previous year.

This report provides an in-depth analysis of the bitumen mixer 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 28924070 - Machines for mixing mineral substances with bitumen

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