Report Update Nov 1, 2024

Azerbaijan - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Azerbaijan: Self-Propelled Excavating Machinery Market 2024

Self-Propelled Excavating Machinery Market Size in Azerbaijan

In 2021, the Azerbaijani self-propelled excavating machinery market decreased by -49.4% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a significant curtailment. Self-propelled excavating machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Self-Propelled Excavating Machinery Exports

Exports from Azerbaijan

In 2020, the amount of self-propelled earth moving, excavating machinery exported from Azerbaijan soared to X units, jumping by 100% compared with 2019. Overall, exports, however, recorded a abrupt decrease. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2020, the exports stood at a somewhat lower figure.

In value terms, self-propelled excavating machinery exports skyrocketed to $X in 2020. In general, exports, however, saw a abrupt decline. The exports peaked at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for self-propelled excavating machinery exports from Azerbaijan, with a approx. 100% share of total exports.

From 2017 to 2020, the average annual rate of growth in terms of volume to Turkey was relatively modest.

In value terms, Turkey ($X) remains the key foreign market for self-propelled earth moving, excavating machinery exports from Azerbaijan, comprising 80% of total exports. The second position in the ranking was held by Georgia ($X), with a 20% share of total exports.

From 2017 to 2020, the average annual rate of growth in terms of value to Turkey stood at -1.1%.

Export Prices by Country

The average self-propelled excavating machinery export price stood at $X per unit in 2020, increasing by 4.8% against the previous year. Overall, the export price, however, recorded a noticeable descent. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2020, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Georgia totaled $X per unit.

From 2017 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-2.9%).

Self-Propelled Excavating Machinery Imports

Imports into Azerbaijan

In 2021, purchases abroad of self-propelled earth moving, excavating machinery decreased by -75% to X units, falling for the second year in a row after four years of growth. In general, imports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2014 with an increase of 73% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, self-propelled excavating machinery imports dropped markedly to $X in 2021. Overall, imports showed a sharp reduction. The growth pace was the most rapid in 2017 when imports increased by 6,685% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

From 2012 to 2021, the average annual growth rate of volume from No country was relatively modest.

In value terms, Belgium ($X) constituted the largest supplier of self-propelled earth moving, excavating machinery to Azerbaijan, comprising 26% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.8% share of total imports. It was followed by Sweden, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled -19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-19.8% per year) and Sweden (-46.5% per year).

Import Prices by Country

The average self-propelled excavating machinery import price stood at $X per unit in 2021, picking up by 5.2% against the previous year. Over the period under review, the import price recorded resilient growth. The growth pace was the most rapid in 2013 when the average import price increased by 283% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 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 Italy ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+23.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled earth moving, excavating machinery in the world?

The countries with the highest volumes of self-propelled excavating machinery consumption in 2021 were China, France and Spain, with a combined 39% share of global consumption. These countries were followed by Belgium, the Czech Republic, the UK, Indonesia, Japan, Singapore, Denmark, Thailand, Australia and the Netherlands, which together accounted for a further 34%.

What are the largest producers of self-propelled earth moving, excavating machinery in the world?

China remains the largest self-propelled excavating machinery producing country worldwide, accounting for 35% of total volume. Moreover, self-propelled excavating machinery production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. The third position in this ranking was occupied by Spain, with an 8.8% share.

What are the leading suppliers of self-propelled earth moving, excavating machinery to Azerbaijan?

In value terms, the United States, Germany and China were the largest self-propelled excavating machinery suppliers to Azerbaijan, with a combined 29% share of total imports.

What are the leading importers of self-propelled earth moving, excavating machinery from Azerbaijan?

In value terms, Turkey remains the key foreign market for self-propelled excavating machinery exports from Azerbaijan.

What is the average export price for self-propelled earth moving, excavating machinery in Azerbaijan?

In 2021, the average self-propelled excavating machinery export price amounted to $47,861 per unit, declining by -12.9% against the previous year.

What is the average import price for self-propelled earth moving, excavating machinery in Azerbaijan?

In 2021, the average self-propelled excavating machinery import price amounted to $21,924 per unit, shrinking by -80.1% against the previous year.

This report provides an in-depth analysis of the self-propelled excavating machinery 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 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.

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