Report Update Nov 1, 2024

Azerbaijan - Road Tractors for Semi-Trailers - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Road Tractors For Semi-Trailers 2024

Market Size for Road Tractors For Semi-Trailers in Azerbaijan

The Azerbaijani road tractor for semi-trailer market skyrocketed to $X in 2021, with an increase of 40% 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). Overall, consumption showed resilient growth. Road tractor for semi-trailer consumption peaked in 2021 and is expected to retain growth in the near future.

Exports of Road Tractors For Semi-Trailers

Exports from Azerbaijan

In 2021, overseas shipments of road tractors for semi-trailers increased by 50% to X units, rising for the third year in a row after two years of decline. Overall, exports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2016 with an increase of 700%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, road tractor for semi-trailer exports surged to $X in 2021. Over the period under review, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 355% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) and Georgia (X units) were the main destinations of road tractor for semi-trailer exports from Azerbaijan.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of 0.0%).

In value terms, Georgia ($X) remains the key foreign market for road tractors for semi-trailers exports from Azerbaijan, comprising 55% of total exports. The second position in the ranking was held by Russia ($X), with a 24% share of total exports. It was followed by Turkey, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Georgia totaled -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-10.9% per year) and Turkey (-7.8% per year).

Export Prices by Country

In 2021, the average road tractor for semi-trailer export price amounted to $X per unit, growing by 28% against the previous year. In general, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 50% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Russia ($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 Turkey (+21.3%), while the prices for the other major destinations experienced a decline.

Imports of Road Tractors For Semi-Trailers

Imports into Azerbaijan

In 2021, approx. X units of road tractors for semi-trailers were imported into Azerbaijan; increasing by 45% compared with 2020. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 272%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, road tractor for semi-trailer imports surged to $X in 2021. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 157%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X units), Poland (X units) and the Netherlands (X units) were the main suppliers of road tractor for semi-trailer imports to Azerbaijan, together comprising 44% of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +24.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Sweden ($X) were the largest road tractor for semi-trailer suppliers to Azerbaijan, with a combined 54% share of total imports. These countries were followed by Poland, Lithuania, France and Georgia, which together accounted for a further 12%.

Poland, with a CAGR of +18.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average road tractor for semi-trailer import price amounted to $X per unit, shrinking by -8.8% against the previous year. Over the period under review, the import price saw a perceptible slump. The growth pace was the most rapid in 2014 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+3.9%), 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 road tractors for semi-trailers in the world?

The countries with the highest volumes of road tractor for semi-trailer consumption in 2021 were China, the United States and Brazil, together accounting for 39% of global consumption. These countries were followed by India, Japan, Russia, Canada, Mexico, the UK, Pakistan, South Korea, Spain and Italy, which together accounted for a further 34%.

What are the largest producers of road tractors for semi-trailers in the world?

The countries with the highest volumes of road tractor for semi-trailer production in 2021 were China, Mexico and the Netherlands, with a combined 41% share of global production. Brazil, the United States, India, Germany, Japan, France, Belgium, Spain, Russia and Sweden lagged somewhat behind, together comprising a further 46%.

What are the leading suppliers of road tractors for semi-trailers to Azerbaijan?

In value terms, the largest road tractor for semi-trailer suppliers to Azerbaijan were Germany, the Netherlands and Sweden, together accounting for 91% of total imports.

What are the leading importers of road tractors for semi-trailers from Azerbaijan?

In value terms, Georgia remains the key foreign market for road tractor for semi-trailer exports from Azerbaijan.

What is the average export price for road tractors for semi-trailers in Azerbaijan?

In 2021, the average road tractor for semi-trailer export price amounted to $18,261 per unit, growing by 69% against the previous year.

What is the average import price for road tractors for semi-trailers in Azerbaijan?

In 2021, the average road tractor for semi-trailer import price amounted to $20,241 per unit, falling by -8% against the previous year.

This report provides an in-depth analysis of the market for road tractor for semi-trailer 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 29104300 - Road tractors for semi-trailers

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