Report Update Nov 1, 2024

Azerbaijan - Mechanical Appliances for Projecting, Dispersing or Spraying - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in Azerbaijan

The Azerbaijani market for mechanical appliances for projecting, dispersing or spraying skyrocketed to $X in 2022, increasing by 516% 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 continues to indicate a significant increase. Consumption of peaked in 2022 and is expected to retain growth in the near future.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports from Azerbaijan

In 2022, shipments abroad of mechanical appliances for projecting, dispersing or spraying was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying surged to $X in 2022. Overall, exports, however, showed a abrupt curtailment. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for exports of mechanical appliances for projecting, dispersing or spraying from Azerbaijan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Turkey amounted to +47.6%.

In value terms, Turkey ($X) emerged as the key foreign market for mechanical appliances for projecting, dispersing or spraying exports from Azerbaijan.

From 2012 to 2022, the average annual growth rate of value to Turkey amounted to +30.2%.

Export Prices by Country

The average export price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, which is down by -81.1% against the previous year. Overall, the export price recorded a precipitous setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 144% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, 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 Turkey.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -3.7% per year.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports into Azerbaijan

In 2022, imports of mechanical appliances for projecting, dispersing or spraying into Azerbaijan soared to X units, picking up by 717% against the previous year's figure. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying surged to $X in 2022. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 when imports increased by 761%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of mechanical appliances for projecting, dispersing or spraying to Azerbaijan, accounting for a 91% share of total imports. Moreover, imports of mechanical appliances for projecting, dispersing or spraying from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The third position in this ranking was held by Turkey (X units), with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +101.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+35.3% per year) and Turkey (+16.5% per year).

In value terms, China ($X), Italy ($X) and Turkey ($X) constituted the largest mechanical appliances for projecting, dispersing or spraying suppliers to Azerbaijan, together comprising 95% of total imports.

Among the main suppliers, China, with a CAGR of +88.9%, 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 import price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, waning by -65.8% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 an increase of 178%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.5%), 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 mechanical appliances for projecting, dispersing or spraying in the world?

China remains the largest mechanical appliances for projecting, dispersing or spraying consuming country worldwide, accounting for 25% of total volume. Moreover, consumption of mechanical appliances for projecting, dispersing or spraying in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with an 8.7% share.

What are the largest producers of mechanical appliances for projecting, dispersing or spraying in the world?

The country with the largest volume of production of mechanical appliances for projecting, dispersing or spraying was China, accounting for 52% of total volume. Moreover, production of mechanical appliances for projecting, dispersing or spraying in China exceeded the figures recorded by the second-largest producer, India, sixfold. Mexico ranked third in terms of total production with a 5.9% share.

What are the leading suppliers of mechanical appliances for projecting, dispersing or spraying to Azerbaijan?

In value terms, Latvia, Russia and Turkey constituted the largest mechanical appliances for projecting, dispersing or spraying suppliers to Azerbaijan, together accounting for 56% of total imports.

What are the leading importers of mechanical appliances for projecting, dispersing or spraying from Azerbaijan?

In value terms, Turkey $993) and Georgia $514) constituted the largest markets for mechanical appliances for projecting, dispersing or spraying exported from Azerbaijan worldwide.

What is the average export price for mechanical appliances for projecting, dispersing or spraying in Azerbaijan?

In 2021, the average export price for mechanical appliances for projecting, dispersing or spraying amounted to $5.8 per unit, rising by 64% against the previous year.

What is the average import price for mechanical appliances for projecting, dispersing or spraying in Azerbaijan?

In 2021, the average import price for mechanical appliances for projecting, dispersing or spraying amounted to $6.3 per unit, declining by -36.3% against the previous year.

This report provides an in-depth analysis of the market for mechanical appliances for projecting, dispersing or spraying 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 28292240 - Other mechanical appliances for projecting, dispersing or spraying

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