Azerbaijan - Pumps for Dispensing Liquids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAzerbaijan: Liquid Dispensing Pump Market 2024
Liquid Dispensing Pump Market Size in Azerbaijan
The Azerbaijani liquid dispensing pump market fell to $X in 2021, which is down by -13.2% 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). Over the period under review, consumption showed a deep contraction. Liquid dispensing pump consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.
Liquid Dispensing Pump Exports
Exports from Azerbaijan
In 2021, the amount of pumps for dispensing liquids exported from Azerbaijan surged to X units, increasing by 462% against the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 14,033%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.
In value terms, liquid dispensing pump exports skyrocketed to $X in 2021. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 5,231% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
The United Arab Emirates (X units), the UK (X units) and Oman (X units) were the main destinations of liquid dispensing pump exports from Azerbaijan, together comprising 93% of total exports.
From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +56.5%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the UK ($X), Norway ($X) and the United Arab Emirates ($X) appeared to be the largest markets for liquid dispensing pump exported from Azerbaijan worldwide, together comprising 90% of total exports.
In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +87.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average liquid dispensing pump export price amounted to $X per unit, declining by -52.1% against the previous year. Overall, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 375% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
Prices varied noticeably country of destination: the country with the highest price was Norway ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Liquid Dispensing Pump Imports
Imports into Azerbaijan
After two years of growth, overseas purchases of pumps for dispensing liquids decreased by -28.3% to X units in 2021. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2015 with an increase of 145% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, liquid dispensing pump imports skyrocketed to $X in 2021. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2015 with an increase of 72% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.
Imports by Country
In 2021, Turkey (X units) constituted the largest supplier of liquid dispensing pump to Azerbaijan, accounting for a 33% share of total imports. Moreover, liquid dispensing pump imports from Turkey exceeded the figures recorded by the second-largest supplier, Israel (X units), threefold. Germany (X units) ranked third in terms of total imports with an 11% share.
From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (-32.3% per year) and Germany (+42.8% per year).
In value terms, the United States ($X), France ($X) and China ($X) were the largest liquid dispensing pump suppliers to Azerbaijan, with a combined 51% share of total imports.
In terms of the main suppliers, France, with a CAGR of +40.6%, recorded 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 liquid dispensing pump import price stood at $X per unit in 2021, rising by 126% against the previous year. In general, the import price posted a prominent increase. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Israel ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+25.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the liquid dispensing pump 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 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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