Report Update Nov 1, 2024

Azerbaijan - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Railway Maintenance Vehicle Market 2024

Railway Maintenance Vehicle Market Size in Azerbaijan

In 2021, the Azerbaijani railway maintenance vehicle market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a dramatic curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Railway Maintenance Vehicle Exports

Exports from Azerbaijan

In 2019, the amount of railway or tramway maintenance or service vehicles exported from Azerbaijan amounted to X units, approximately mirroring the previous year's figure. Over the period under review, exports recorded a resilient expansion. The smallest decline of 99.9% was in 2013. The exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, railway maintenance vehicle exports stood at $X in 2019. In general, exports continue to indicate a dramatic decrease. The smallest decline of 99.9% was in 2013. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X units) was the main destination for railway maintenance vehicle exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Kazakhstan was relatively modest.

From 2012 to 2019, the average annual rate of growth in terms of value to Kazakhstan was relatively modest.

Export Prices by Country

In 2019, the average railway maintenance vehicle export price amounted to $X per unit, leveling off at the previous year. In general, the export price saw a sharp decrease. The pace of growth appeared the most rapid in 2013 when the average export price decreased by 99.9% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2019, the export prices remained at a lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for Georgia amounted to 0.0% per year.

Railway Maintenance Vehicle Imports

Imports into Azerbaijan

After two years of decline, supplies from abroad of railway or tramway maintenance or service vehicles increased by 300% to X units in 2021. Over the period under review, imports, however, faced a sharp reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 985%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, railway maintenance vehicle imports surged to $X in 2021. In general, imports, however, continue to indicate a dramatic setback. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest supplier of railway maintenance vehicle to Azerbaijan, with a 75% share of total imports. Moreover, railway maintenance vehicle imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Austria (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic stood at -15.0%.

In value terms, the largest railway maintenance vehicle suppliers to Azerbaijan were Russia ($X), the Czech Republic ($X) and Austria ($X).

The Czech Republic, with a CAGR of -17.2%, saw 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 a decline.

Import Prices by Country

The average railway maintenance vehicle import price stood at $X per unit in 2021, jumping by 82% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+37.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway maintenance or service vehicles in the world?

The countries with the highest volumes of railway maintenance vehicle consumption in 2021 were Malaysia, the United States and Canada, with a combined 38% share of global consumption. These countries were followed by Switzerland, the Philippines, Japan, Belgium, Thailand, the United Arab Emirates, Qatar, Mozambique, the UK and Kazakhstan, which together accounted for a further 35%.

What are the largest producers of railway or tramway maintenance or service vehicles in the world?

The United States constituted the country with the largest volume of railway maintenance vehicle production, comprising approx. 38% of total volume. Moreover, railway maintenance vehicle production in the United States exceeded the figures recorded by the second-largest producer, Spain, twofold. The third position in this ranking was occupied by Austria, with a 15% share.

What are the leading suppliers of railway or tramway maintenance or service vehicles to Azerbaijan?

In value terms, Russia, the Czech Republic and Austria appeared to be the largest railway maintenance vehicle suppliers to Azerbaijan.

What is the average export price for railway or tramway maintenance or service vehicles in Azerbaijan?

The average railway maintenance vehicle export price stood at $20,500 per unit in 2019, leveling off at the previous year.

What is the average import price for railway or tramway maintenance or service vehicles in Azerbaijan?

The average railway maintenance vehicle import price stood at $13,484 per unit in 2021, dropping by -41.5% against the previous year.

This report provides an in-depth analysis of the railway maintenance vehicle 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 30203100 - Railway or tramway maintenance or service vehicles (including workshops, cranes, ballast tampers, track-liners, t esting coaches and track inspection vehicles)

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