Report Update Nov 1, 2024

Azerbaijan - Modelling Pastes, Dental Wax and Dental Impression Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Modelling Pastes Market 2024

Modelling Pastes Market Size in Azerbaijan

The Azerbaijani modelling pastes market skyrocketed to $X in 2021, rising by 32% 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). Overall, consumption posted a significant increase. Modelling pastes consumption peaked in 2021 and is likely to see steady growth in years to come.

Modelling Pastes Exports

Exports from Azerbaijan

In 2021, exports of modelling pastes, dental wax and dental impression compounds from Azerbaijan shrank notably to X kg, falling by -99.5% compared with 2020 figures. In general, exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 11,529%. As a result, the exports attained the peak of X kg, and then reduced sharply in the following year.

In value terms, modelling pastes exports declined significantly to $X in 2021. Overall, exports showed a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 15,445% against the previous year. As a result, the exports reached the peak of $X, and then declined rapidly in the following year.

Exports by Country

Russia (X kg) and Georgia (X kg) were the main destinations of modelling pastes exports from Azerbaijan.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of 0.0%).

In value terms, Georgia ($X) and Russia ($X) appeared to be the largest markets for modelling pastes exported from Azerbaijan worldwide.

Russia, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average modelling pastes export price amounted to $X per ton, declining by -39.1% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 42%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Georgia ($X per ton), while the average price for exports to Russia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-7.0%).

Modelling Pastes Imports

Imports into Azerbaijan

In 2021, the amount of modelling pastes, dental wax and dental impression compounds imported into Azerbaijan soared to X tons, with an increase of 25% against the previous year. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by 346% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, modelling pastes imports skyrocketed to $X in 2021. In general, imports showed significant growth. The growth pace was the most rapid in 2016 when imports increased by 256% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

Russia (X tons), Italy (X tons) and China (X tons) were the main suppliers of modelling pastes imports to Azerbaijan, with a combined 53% share of total imports.

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 +57.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Russia ($X) and Switzerland ($X) were the largest modelling pastes suppliers to Azerbaijan, together accounting for 37% of total imports.

Italy, with a CAGR of +65.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average modelling pastes import price amounted to $X per ton, picking up by 6.7% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, modelling pastes import price increased by +61.5% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 26% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+14.8%), 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 modelling pastes, dental wax and dental impression compounds in the world?

The country with the largest volume of modelling pastes consumption was China, comprising approx. 26% of total volume. Moreover, modelling pastes consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.4% share.

What are the largest producers of modelling pastes, dental wax and dental impression compounds in the world?

China constituted the country with the largest volume of modelling pastes production, accounting for 49% of total volume. Moreover, modelling pastes production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Japan ranked third in terms of total production with a 4.6% share.

What are the leading suppliers of modelling pastes, dental wax and dental impression compounds to Azerbaijan?

In value terms, Italy, China and Russia were the largest modelling pastes suppliers to Azerbaijan, with a combined 56% share of total imports.

What are the leading importers of modelling pastes, dental wax and dental impression compounds from Azerbaijan?

In value terms, Hong Kong SAR emerged as the key foreign market for modelling pastes exports from Azerbaijan, comprising 93% of total exports. The second position in the ranking was occupied by Georgia $248), with a 7.3% share of total exports.

What is the average export price for modelling pastes, dental wax and dental impression compounds in Azerbaijan?

In 2020, the average modelling pastes export price amounted to $3,571 per ton, picking up by 93% against the previous year.

What is the average import price for modelling pastes, dental wax and dental impression compounds in Azerbaijan?

The average modelling pastes import price stood at $2,620 per ton in 2020, declining by -21.3% against the previous year.

This report provides an in-depth analysis of the modelling pastes 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 20595230 - Modelling pastes, dental wax and dental impression compounds, other preparations for use in dentistry with a basis of plaster (including modelling pastes for children

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