Azerbaijan - Telecommunications Instruments - Market Analysis, Forecast, Size, Trends and Insights
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Telecommunications Instrument Market Size in Azerbaijan
In 2021, after two years of decline, there was significant growth in the Azerbaijani telecommunications instrument market, when its value increased by 85% to $X. In general, consumption, however, faced a deep slump. Telecommunications instrument consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Telecommunications Instrument Exports
Exports from Azerbaijan
In 2021, overseas shipments of telecommunications instruments decreased by -30.2% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 5,033% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.
In value terms, telecommunications instrument exports soared to $X in 2021. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 2,967%. The exports peaked in 2021 and are expected to retain growth in the near future.
Exports by Country
Turkey (X units), the UK (X units) and Georgia (X units) were the main destinations of telecommunications instrument exports from Azerbaijan, together comprising 85% of total exports.
From 2014 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +161.8%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Turkey ($X), the UK ($X) and Spain ($X) were the largest markets for telecommunications instrument exported from Azerbaijan worldwide, together comprising 85% of total exports.
Among the main countries of destination, the UK, with a CAGR of +288.7%, recorded the highest growth rate of 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 telecommunications instrument export price stood at $X per unit in 2021, growing by 518% against the previous year. Over the period under review, the export price recorded a significant increase. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.
From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+60.2%), while the prices for the other major destinations experienced more modest paces of growth.
Telecommunications Instrument Imports
Imports into Azerbaijan
In 2021, approx. X units of telecommunications instruments were imported into Azerbaijan; growing by 55% against 2020. In general, imports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2018 when imports increased by 155%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, telecommunications instrument imports surged to $X in 2021. Overall, imports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 85%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
Imports by Country
China (X units), Germany (X units) and the United States (X units) were the main suppliers of telecommunications instrument imports to Azerbaijan, together accounting for 57% of total imports.
From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +69.7%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), the United States ($X) and Switzerland ($X) constituted the largest telecommunications instrument suppliers to Azerbaijan, with a combined 44% share of total imports. These countries were followed by the UK, China, Belgium, the United Arab Emirates, Turkey, Ukraine and Sweden, which together accounted for a further 19%.
In terms of the main suppliers, China, with a CAGR of +44.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average telecommunications instrument import price stood at $X per unit in 2021, surging by 2.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 84%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the telecommunications instrument 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 26514400 - Instruments and apparatus, for telecommunications
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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