Report Update Jan 1, 2025

Azerbaijan - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Nails And Tacks Market 2025

Nails And Tacks Market Size in Azerbaijan

In 2022, the Azerbaijani nails and tacks market increased by 14% to $X, rising for the seventh consecutive year after three years of decline. Overall, consumption recorded a significant expansion. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in years to come.

Nails And Tacks Exports

Exports from Azerbaijan

In 2022, shipments abroad of nails, tacks, drawing pins, corrugated nails, staples decreased by -75% to X kg, falling for the fourth consecutive year after four years of growth. Overall, exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2015 when exports increased by 1,200%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, nails and tacks exports declined remarkably to $X in 2022. Over the period under review, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2015 when exports increased by 9,400%. The exports peaked at $X in 2013; afterwards, it flattened through to 2022.

Exports by Country

Georgia (X kg) was the main destination for nails and tacks exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Georgia amounted to -41.0%.

In value terms, Georgia ($X) also remains the key foreign market for nails, tacks, drawing pins, corrugated nails, staples exports from Azerbaijan.

From 2012 to 2022, the average annual growth rate of value to Georgia totaled -38.5%.

Export Prices by Country

The average nails and tacks export price stood at $X per ton in 2022, remaining constant against the previous year. In general, the export price saw a notable expansion. The pace of growth appeared the most rapid in 2015 an increase of 631% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +4.2% per year.

Nails And Tacks Imports

Imports into Azerbaijan

In 2022, overseas purchases of nails, tacks, drawing pins, corrugated nails, staples increased by 11% to X tons, rising for the seventh consecutive year after three years of decline. Overall, imports showed a strong expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 826%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, nails and tacks imports soared to $X in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2016 when imports increased by 770% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

Iran (X tons), China (X tons) and Turkey (X tons) were the main suppliers of nails and tacks imports to Azerbaijan, together accounting for 99% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +43.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Iran ($X) and Turkey ($X) were the largest nails and tacks suppliers to Azerbaijan, with a combined 97% share of total imports.

China, with a CAGR of +36.8%, recorded the highest growth rate of 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

The average nails and tacks import price stood at $X per ton in 2022, growing by 4% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nails and tacks import price increased by +21.6% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 45%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 Turkey ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+15.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nails, tacks, drawing pins, corrugated nails, staples in the world?

The country with the largest volume of nails and tacks consumption was China, comprising approx. 31% of total volume. Moreover, nails and tacks consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Turkey, with an 8.9% share.

What are the largest producers of nails, tacks, drawing pins, corrugated nails, staples in the world?

The country with the largest volume of nails and tacks production was China, accounting for 39% of total volume. Moreover, nails and tacks production in China exceeded the figures recorded by the second-largest producer, India, threefold. Turkey ranked third in terms of total production with a 9% share.

What are the leading suppliers of nails, tacks, drawing pins, corrugated nails, staples to Azerbaijan?

In value terms, the largest nails and tacks suppliers to Azerbaijan were China, Turkey and Iran, with a combined 94% share of total imports.

What are the leading importers of nails, tacks, drawing pins, corrugated nails, staples from Azerbaijan?

In value terms, Georgia $107) remains the key foreign market for nails and tacks exports from Azerbaijan.

What is the average export price for nails, tacks, drawing pins, corrugated nails, staples in Azerbaijan?

The average nails and tacks export price stood at $2,946 per ton in 2021, which is down by -16.1% against the previous year.

What is the average import price for nails, tacks, drawing pins, corrugated nails, staples in Azerbaijan?

In 2021, the average nails and tacks import price amounted to $1,508 per ton, picking up by 17% against the previous year.

This report provides an in-depth analysis of the nails and tacks 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 25931400 - Nails, tacks, drawing pins, corrugated nails, staples (other than those of HS
Prodcom 25992330 - Base metal fittings for loose-leaf binders or files
Prodcom 25992350 - Base metal staples in strips for use in offices, upholstery and packaging
Prodcom 25992370 - Office articles such as letter clips, letter corners... of base metal

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 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
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