Report Update Nov 1, 2024

Azerbaijan - Optical Telescopes - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Optical Telescope Market 2024

Optical Telescope Market Size in Azerbaijan

In 2021, the Azerbaijani optical telescope market decreased by -32.4% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a abrupt descent. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Optical Telescope Production in Azerbaijan

In value terms, optical telescope production fell significantly to $X in 2021 estimated in export price. In general, production recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 335%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Optical Telescope Exports

Exports from Azerbaijan

After five years of decline, overseas shipments of optical telescopes decreased by 0% to X units in 2021. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 250%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, optical telescope exports surged to $X in 2021. Overall, exports saw a abrupt setback. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X units) was the main destination for optical telescope exports from Azerbaijan, with a 75% share of total exports. Moreover, optical telescope exports to Qatar exceeded the volume sent to the second major destination, Austria (X units), threefold.

From 2013 to 2021, the average annual growth rate of volume to Qatar was relatively modest.

In value terms, Qatar ($X) emerged as the key foreign market for optical telescope exports from Azerbaijan, comprising 97% of total exports. The second position in the ranking was taken by Austria ($X), with a 2.6% share of total exports.

From 2013 to 2021, the average annual growth rate of value to Qatar was relatively modest.

Export Prices by Country

The average optical telescope export price stood at $X per unit in 2021, increasing by 51% against the previous year. Overall, the export price, however, saw a abrupt descent. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Qatar ($X per unit), while the average price for exports to Austria totaled $X per unit.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-9.7%).

Optical Telescope Imports

Imports into Azerbaijan

Optical telescope imports into Azerbaijan surged to X units in 2021, picking up by 94% on the previous year. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 2,280%. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, optical telescope imports skyrocketed to $X in 2021. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of 2,149% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Switzerland (X units) was the main optical telescope supplier to Azerbaijan, with a 90% share of total imports. Moreover, optical telescope imports from Switzerland exceeded the figures recorded by the second-largest supplier, Belarus (X units), more than tenfold. The third position in this ranking was held by China (X units), with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume from Switzerland stood at +49.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+40.9% per year) and China (+69.5% per year).

In value terms, Switzerland ($X) constituted the largest supplier of optical telescope to Azerbaijan, comprising 88% of total imports. The second position in the ranking was taken by Belarus ($X), with a 4.4% share of total imports. It was followed by Israel, with a 2.1% share.

From 2012 to 2021, the average annual growth rate of value from Switzerland totaled +55.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+39.6% per year) and Israel (+25.7% per year).

Import Prices by Country

In 2021, the average optical telescope import price amounted to $X per unit, jumping by 25% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 87%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for optical telescopes in the world?

The country with the largest volume of optical telescope consumption was China, comprising approx. 44% of total volume. Moreover, optical telescope consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by the UK, with a 5.2% share.

What are the largest producers of optical telescopes in the world?

China constituted the country with the largest volume of optical telescope production, accounting for 96% of total volume.

What are the leading suppliers of optical telescopes to Azerbaijan?

In value terms, China constituted the largest supplier of optical telescope to Azerbaijan, comprising 47% of total imports. The second position in the ranking was occupied by India, with a 5.7% share of total imports.

What is the average export price for optical telescopes in Azerbaijan?

In 2021, the average optical telescope export price amounted to $604 per unit, growing by 504% against the previous year.

What is the average import price for optical telescopes in Azerbaijan?

In 2021, the average optical telescope import price amounted to $0.8 per unit, reducing by -73.1% against the previous year.

This report provides an in-depth analysis of the optical telescope 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 26702250 - Instruments (excluding binoculars) such as optical telescopes

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