Report Update Feb 1, 2025

Azerbaijan - Thermoforming Machines for Working Rubber or Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Thermoforming Machine Market 2025

Thermoforming Machine Market Size in Azerbaijan

For the third consecutive year, the Azerbaijani thermoforming machine market recorded growth in sales value, which increased by 8.1% to $X in 2021. Over the period under review, consumption posted resilient growth. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Thermoforming Machine Production in Azerbaijan

In value terms, thermoforming machine production dropped slightly to $X in 2021 estimated in export price. Overall, production, however, saw resilient growth. The growth pace was the most rapid in 2016 when the production volume increased by 43%. Thermoforming machine production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Thermoforming Machine Exports

Exports from Azerbaijan

In 2019, the amount of thermoforming machines for working rubber or plastics exported from Azerbaijan stood at X units, therefore, remained relatively stable against 2018. Over the period under review, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2014. The exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, thermoforming machine exports totaled $X in 2019. Overall, exports enjoyed significant growth. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs in 2019 and are expected to retain growth in years to come.

Exports by Country

Turkey (X units) was the main destination for thermoforming machine exports from Azerbaijan, with a approx. 100% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Turkey was relatively modest.

From 2013 to 2019, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

The average thermoforming machine export price stood at $X per unit in 2019, almost unchanged from the previous year. Over the period under review, the export price recorded significant growth. The growth pace was the most rapid in 2014 when the average export price decreased by 99.9%. The export price peaked in 2019 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2013 to 2019, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Thermoforming Machine Imports

Imports into Azerbaijan

In 2021, overseas purchases of thermoforming machines for working rubber or plastics were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2017 when imports increased by 533%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, thermoforming machine imports surged to $X in 2021. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 819%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X units), the United Arab Emirates (X units) and Turkey (X units) were the main suppliers of thermoforming machine imports to Azerbaijan, together accounting for 59% of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +27.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest thermoforming machine suppliers to Azerbaijan were Germany ($X), Belarus ($X) and Turkey ($X), with a combined 80% share of total imports. These countries were followed by the United Arab Emirates, China, Italy, Russia, Ukraine, Iran, the UK, the Netherlands and Brazil, which together accounted for a further 18%.

The United Arab Emirates, with a CAGR of +94.9%, recorded the highest rates of growth with regard to the value of imports, among 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 thermoforming machine import price amounted to $X per unit, growing by 85% against the previous year. Overall, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 186% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 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 Belarus ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+51.0%), 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 thermoforming machines for working rubber or plastics in the world?

The country with the largest volume of thermoforming machine consumption was Thailand, accounting for 19% of total volume. Moreover, thermoforming machine consumption in Thailand exceeded the figures recorded by the second-largest consumer, South Korea, twofold. Vietnam ranked third in terms of total consumption with a 7.9% share.

What are the largest producers of thermoforming machines for working rubber or plastics in the world?

The countries with the highest volumes of in 2021 were Taiwan Chinese), China and South Korea, with a combined 66% share of global production.

What are the leading suppliers of thermoforming machines for working rubber or plastics to Azerbaijan?

In value terms, the United Arab Emirates constituted the largest supplier of thermoforming machine to Azerbaijan.

What is the average export price for thermoforming machines for working rubber or plastics in Azerbaijan?

The average thermoforming machine export price stood at $6,278 per unit in 2019, flattening at the previous year.

What is the average import price for thermoforming machines for working rubber or plastics in Azerbaijan?

The average thermoforming machine import price stood at $29,904 per unit in 2021, with an increase of 395% against the previous year.

This report provides an in-depth analysis of the thermoforming machine 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 28961050 - Vacuum-moulding machines and other thermoforming machines for working rubber or plastics or for manufacturing rubber or plastic products

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024