Report Update Nov 1, 2024

Azerbaijan - Reclaimed Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Reclaimed Rubber Market 2024

Reclaimed Rubber Market Size in Azerbaijan

The Azerbaijani reclaimed rubber market skyrocketed to $X in 2021, jumping by 20% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Reclaimed Rubber Production in Azerbaijan

In value terms, reclaimed rubber production soared to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 61% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Reclaimed Rubber Exports

Exports from Azerbaijan

In 2018, the amount of reclaimed rubber exported from Azerbaijan amounted to X kg, remaining relatively unchanged against the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2018 and are expected to retain growth in years to come.

In value terms, reclaimed rubber exports stood at $X in 2018. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2018 and are expected to retain growth in the near future.

Exports by Country

Kazakhstan (X kg) was the main destination for reclaimed rubber exports from Azerbaijan, with a approx. 100% share of total exports.

From 2018 to 2018, the average annual rate of growth in terms of volume to Kazakhstan was relatively modest.

From 2018 to 2018, the average annual rate of growth in terms of value to Kazakhstan was relatively modest.

Reclaimed Rubber Imports

Imports into Azerbaijan

In 2021, purchases abroad of reclaimed rubber decreased by -29.1% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 11,802%. Over the period under review, imports reached the maximum at X tons in 2020, and then reduced sharply in the following year.

In value terms, reclaimed rubber imports reduced sharply to $X in 2021. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 9,202%. Over the period under review, imports attained the peak figure at $X in 2020, and then reduced rapidly in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest reclaimed rubber supplier to Azerbaijan, with a 62% share of total imports. Moreover, reclaimed rubber imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. The third position in this ranking was taken by Turkey (X kg), with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +52.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+78.0% per year) and Turkey (+3.7% per year).

In value terms, China ($X) constituted the largest supplier of reclaimed rubber to Azerbaijan, comprising 48% of total imports. The second position in the ranking was held by Germany ($X), with a 23% share of total imports. It was followed by the United Arab Emirates, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +77.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+57.9% per year) and the United Arab Emirates (+36.5% per year).

Import Prices by Country

The average reclaimed rubber import price stood at $X per ton in 2021, waning by -16.6% against the previous year. Over the period under review, the import price showed a perceptible contraction. The growth pace was the most rapid in 2020 an increase of 44%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+86.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for reclaimed rubber in the world?

China remains the largest reclaimed rubber consuming country worldwide, comprising approx. 21% of total volume. Moreover, reclaimed rubber consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by India, with a 8.5% share.

What are the largest producers of reclaimed rubber in the world?

The countries with the highest volumes of reclaimed rubber production in 2020 were China, India and the U.S., together accounting for 38% of global production. Canada, Japan, the UK, Russia, Thailand, Brazil, Indonesia, France, Turkey and Malaysia lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of reclaimed rubber to Azerbaijan?

In value terms, China constituted the largest supplier of reclaimed rubber to Azerbaijan, comprising 79% of total imports. The second position in the ranking was occupied by India, with a 16% share of total imports.

What is the average export price for reclaimed rubber in Azerbaijan?

The average reclaimed rubber export price stood at $7,200 per ton in 2018, approximately reflecting the previous year.

What is the average import price for reclaimed rubber in Azerbaijan?

The average reclaimed rubber import price stood at $771 per ton in 2020, waning by -12.6% against the previous year.

This report provides an in-depth analysis of the reclaimed rubber 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 22191000 - Reclaimed rubber in primary forms or in plates, sheets or strips

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