Report Update Nov 1, 2024

Azerbaijan - Non-Industrial Diamonds - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Non-Industrial Diamond Market 2022

Non-Industrial Diamond Exports

Exports from Azerbaijan

In 2020, the amount of non-industrial diamonds exported from Azerbaijan stood at less than X kg, approximately equating the year before. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X kg in 2013; however, from 2014 to 2020, the exports failed to regain momentum.

In value terms, non-industrial diamond exports contracted to $X in 2020. Overall, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. The exports peaked at $X in 2009; however, from 2010 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X kg) was the main destination for non-industrial diamond exports from Azerbaijan, with a X% share of total exports. Moreover, non-industrial diamond exports to the UK exceeded the volume sent to the second major destination, Turkey (X kg), twofold.

From 2007 to 2013, the average annual rate of growth in terms of volume to the UK was relatively modest.

From 2007 to 2013, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

In 2013, the average non-industrial diamond export price amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked in 2013 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2013, the country with the highest price was the UK ($X per ton), while the average price for exports to Turkey stood at $X per ton.

From 2007 to 2013, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%).

Non-Industrial Diamond Imports

Imports into Azerbaijan

For the sixth consecutive year, Azerbaijan recorded decline in purchases abroad of non-industrial diamonds, which decreased by -X% to X kg in 2020. Over the period under review, imports faced a dramatic curtailment. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. As a result, imports reached the peak of X tons. From 2013 to 2020, the growth imports remained at a lower figure.

In value terms, non-industrial diamond imports dropped sharply to $X in 2020. Overall, imports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2019, and then declined significantly in the following year.

Imports by Country

In 2020, the United Arab Emirates (X kg) was the main non-industrial diamond supplier to Azerbaijan, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to -X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of non-industrial diamond to Azerbaijan.

From 2007 to 2020, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +X%.

Import Prices by Country

The average non-industrial diamond import price stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the import price, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2019, and then dropped significantly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2007 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-industrial diamonds in the world?

The countries with the highest volumes of non-industrial diamond consumption in 2020 were Russia, Canada and Botswana, with a combined 60% share of global consumption.

What are the largest producers of non-industrial diamonds in the world?

The countries with the highest volumes of non-industrial diamond production in 2020 were Russia, Canada and Botswana, together comprising 73% of global production.

What are the leading suppliers of non-industrial diamonds to Azerbaijan?

In value terms, the United Arab Emirates constituted the largest supplier of non-industrial diamond to Azerbaijan.

What is the average export price for non-industrial diamonds in Azerbaijan?

The average non-industrial diamond export price stood at $201,186 per ton in 2013, stabilizing at the previous year.

What is the average import price for non-industrial diamonds in Azerbaijan?

In 2020, the average non-industrial diamond import price amounted to $78,050 per ton, declining by -19.5% against the previous year.

This report provides an in-depth analysis of the non-industrial diamond 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 2025.

Product coverage:

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