Azerbaijan: Concrete Tile Market 2024

Concrete Tile Market Size in Azerbaijan

In 2022, the Azerbaijani concrete tile market decreased by -1% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Concrete Tile Production in Azerbaijan

In value terms, concrete tile production contracted to $X in 2022 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.9% against 2020 indices. The growth pace was the most rapid in 2014 when the production volume increased by 45% against the previous year. Concrete tile production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Concrete Tile Exports

Exports from Azerbaijan

In 2022, approx. X tons of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone were exported from Azerbaijan; picking up by 151% on the previous year's figure. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 341% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, concrete tile exports soared to $X in 2022. Overall, exports enjoyed a temperate expansion. The pace of growth was the most pronounced in 2017 when exports increased by 280% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Georgia (X tons) was the main destination for concrete tile exports from Azerbaijan, with a 94% share of total exports. Moreover, concrete tile exports to Georgia exceeded the volume sent to the second major destination, Turkey (X tons), more than tenfold.

From 2013 to 2022, the average annual growth rate of volume to Georgia totaled +48.6%.

In value terms, Georgia ($X) remains the key foreign market for tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone exports from Azerbaijan, comprising 95% of total exports. The second position in the ranking was taken by Turkey ($X), with a 4.7% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Georgia amounted to +37.4%.

Export Prices by Country

The average concrete tile export price stood at $X per ton in 2022, surging by 15% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Turkey totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-6.6%).

Concrete Tile Imports

Imports into Azerbaijan

In 2022, the amount of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone imported into Azerbaijan skyrocketed to X tons, picking up by 108% against 2021 figures. In general, imports, however, faced a precipitous decline. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, concrete tile imports declined to $X in 2022. Overall, imports, however, faced a significant contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 141% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest concrete tile supplier to Azerbaijan, accounting for a 80% share of total imports. Moreover, concrete tile imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at -10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+13.7% per year) and Iran (-44.5% per year).

In value terms, Turkey ($X) constituted the largest supplier of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone to Azerbaijan, comprising 65% of total imports. The second position in the ranking was held by Russia ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to -18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+11.1% per year) and Iran (-36.5% per year).

Import Prices by Country

The average concrete tile import price stood at $X per ton in 2022, dropping by -55.9% against the previous year. Over the period under review, the import price recorded a pronounced reduction. The growth pace was the most rapid in 2020 when the average import price increased by 85%. The import price peaked at $X per ton in 2021, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+45.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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