Azerbaijan: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Azerbaijan

The Azerbaijani market for PVC floor, wall and ceiling coverings rose significantly to $X in 2022, increasing by 11% 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). In general, consumption, however, showed moderate growth. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Azerbaijan

In 2022, the amount of PVC floor, wall and ceiling coverings exported from Azerbaijan skyrocketed to X square meters, picking up by 59,757% compared with the previous year's figure. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of PVC floor, wall and ceiling coverings soared to $X in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Switzerland (X square meters) was the main destination for exports of PVC floor, wall and ceiling coverings from Azerbaijan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Switzerland was relatively modest.

In value terms, Switzerland ($X) emerged as the key foreign market for PVC floor, wall and ceiling coverings exports from Azerbaijan.

From 2012 to 2022, the average annual growth rate of value to Switzerland was relatively modest.

Export Prices by Country

The average export price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, falling by -69.4% against the previous year. Over the period under review, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 132%. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2019; however, from 2020 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 Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +1.9% per year.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Azerbaijan

Imports of PVC floor, wall and ceiling coverings into Azerbaijan skyrocketed to X square meters in 2022, surging by 15% compared with 2021. Overall, imports saw slight growth. The most prominent rate of growth was recorded in 2017 when imports increased by 37% against the previous year. Over the period under review, imports of reached the maximum at X square meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of PVC floor, wall and ceiling coverings soared to $X in 2022. In general, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 97% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X square meters) constituted the largest PVC floor, wall and ceiling coverings supplier to Azerbaijan, with a 44% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, Russia (X square meters), threefold. The third position in this ranking was held by Ukraine (X square meters), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +28.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+24.1% per year) and Ukraine (-5.8% per year).

In value terms, the largest PVC floor, wall and ceiling coverings suppliers to Azerbaijan were China ($X), the Netherlands ($X) and Ukraine ($X), together comprising 57% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +63.5%, saw the highest rates of growth with regard to 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 import price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, increasing by 17% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2017 to 2022, the average import prices remained at a lower figure.

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 Germany ($X per square meter), while the price for Iran ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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