Azerbaijan: Semiconductor Device Market 2025

Semiconductor Device Market Size in Azerbaijan

The Azerbaijani semiconductor device market contracted to $X in 2021, falling by -11.5% against the previous year. Overall, consumption showed a perceptible slump. Semiconductor device consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Semiconductor Device Production in Azerbaijan

In value terms, semiconductor device production reduced to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2020 when the production volume increased by 33% against the previous year. Semiconductor device production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Semiconductor Device Exports

Exports from Azerbaijan

Semiconductor device exports from Azerbaijan skyrocketed to X units in 2021, growing by 459% on 2020. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 84,522% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, semiconductor device exports soared to $X in 2021. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 17,341%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Luxembourg (X units), the United States (X units) and the Netherlands (X units) were the main destinations of semiconductor device exports from Azerbaijan, with a combined 91% share of total exports.

From 2015 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Luxembourg (with a CAGR of +113.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for semiconductor device exported from Azerbaijan were the United States ($X), Luxembourg ($X) and the Netherlands ($X), with a combined 92% share of total exports.

Among the main countries of destination, Luxembourg, with a CAGR of +185.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average semiconductor device export price stood at $X per unit in 2021, picking up by 34% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 83% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+33.4%), while the prices for the other major destinations experienced a decline.

Semiconductor Device Imports

Imports into Azerbaijan

In 2021, the amount of semiconductor devices imported into Azerbaijan surged to X units, rising by 303% compared with the previous year's figure. Over the period under review, imports showed a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by 685%. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, semiconductor device imports soared to $X in 2021. In general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 628%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest semiconductor device supplier to Azerbaijan, accounting for a 21% share of total imports. Moreover, semiconductor device imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Denmark (X units), twofold. The third position in this ranking was taken by the UK (X units), with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +65.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+38.7% per year) and the UK (+2.3% per year).

In value terms, the UK ($X) constituted the largest supplier of semiconductor devices to Azerbaijan, comprising 32% of total imports. The second position in the ranking was taken by Spain ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value from the UK amounted to -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+45.4% per year) and the Netherlands (+66.3% per year).

Import Prices by Country

The average semiconductor device import price stood at $X per unit in 2021, shrinking by -53.1% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 65% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 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 France ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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