Report Update Nov 1, 2024

Azerbaijan - Retreaded Pneumatic Tyres - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Retreaded Pneumatic Tyre Market 2024

Retreaded Pneumatic Tyre Market Size in Azerbaijan

The Azerbaijani retreaded pneumatic tyre market shrank significantly to $X in 2022, waning by -23.8% 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 recorded a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Retreaded Pneumatic Tyre Exports

Exports from Azerbaijan

For the fourth consecutive year, Azerbaijan recorded decline in shipments abroad of retreaded pneumatic tyres, which decreased by 0% to X units in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 1,389% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, retreaded pneumatic tyre exports totaled $X in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2016 with an increase of 2,866%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X units) was the main destination for retreaded pneumatic tyre exports from Azerbaijan, with a 94% share of total exports. Moreover, retreaded pneumatic tyre exports to Belgium exceeded the volume sent to the second major destination, the UK (X units), more than tenfold.

From 2015 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to +41.1%.

From 2015 to 2022, the average annual growth rate of value to Belgium amounted to +76.1%.

Export Prices by Country

In 2022, the average retreaded pneumatic tyre export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the export price saw a buoyant increase. The pace of growth was the most pronounced in 2016 an increase of 99%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to the UK totaled $X per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+24.8%).

Retreaded Pneumatic Tyre Imports

Imports into Azerbaijan

In 2022, the amount of retreaded pneumatic tyres imported into Azerbaijan fell to X units, which is down by -6.7% compared with the year before. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2017 when imports increased by 465%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, retreaded pneumatic tyre imports declined slightly to $X in 2022. Over the period under review, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 347%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X units) constituted the largest supplier of retreaded pneumatic tyre to Azerbaijan, accounting for a 55% share of total imports. Moreover, retreaded pneumatic tyre imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Russia (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+29.1% per year) and Russia (+17.2% per year).

In value terms, Belgium ($X) constituted the largest supplier of retreaded pneumatic tyres to Azerbaijan, comprising 95% of total imports. The second position in the ranking was held by Turkey ($X), with a 1.2% share of total imports. It was followed by Germany, with a 1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-8.4% per year) and Germany (+11.0% per year).

Import Prices by Country

The average retreaded pneumatic tyre import price stood at $X per unit in 2022, rising by 2.6% against the previous year. Over the period under review, the import price saw a significant increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 766% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

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 Belgium ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.2%), 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 retreaded pneumatic tyres in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 51% share of global consumption. Japan, Pakistan, Germany, Brazil, Indonesia, the UK, France, Italy and South Korea lagged somewhat behind, together comprising a further 25%.

What are the largest producers of retreaded pneumatic tyres in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 51% share of global production.

What are the leading suppliers of retreaded pneumatic tyres to Azerbaijan?

In value terms, Belgium constituted the largest supplier of retreaded pneumatic tyre to Azerbaijan, comprising 92% of total imports. The second position in the ranking was occupied by Japan, with a 4.2% share of total imports. It was followed by the UK, with a 2% share.

What is the average export price for retreaded pneumatic tyres in Azerbaijan?

The average retreaded pneumatic tyre export price stood at $4,719 per ton in 2020, leveling off at the previous year.

What is the average import price for retreaded pneumatic tyres in Azerbaijan?

The average retreaded pneumatic tyre import price stood at $7,950 per ton in 2021, reducing by -5.1% against the previous year.

This report provides an in-depth analysis of the retreaded pneumatic tyre 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 22112030 - Retreaded tyres of rubber of a kind used on motor cars
Prodcom 22112050 - Retreaded tyres of rubber of a kind used on buses and lorries
Prodcom 22112090 - Retreaded tyres of rubber (including of a kind used on aircraft, excluding of a kind used on motor cars, buses or lorries)

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