Azerbaijan: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2025

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Azerbaijan

The Azerbaijani market for tiles, flagstones and similar articles of cement, concrete or artificial stone contracted sharply to $X in 2021, dropping by -25.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a precipitous shrinkage. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from Azerbaijan

In 2021, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Azerbaijan reduced to X tons, which is down by -5.6% compared with the previous year's figure. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 101% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone contracted to $X in 2021. In general, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 15% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Georgia (X tons) was the main destination for exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia totaled -8.1%.

In value terms, Georgia ($X) also remains the key foreign market for tiles, flagstones and similar articles of cement, concrete or artificial stone exports from Azerbaijan.

From 2012 to 2021, the average annual growth rate of value to Georgia amounted to -12.1%.

Export Prices by Country

The average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2021, waning by -2.7% against the previous year. In general, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 60%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Georgia amounted to -4.5% per year.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into Azerbaijan

In 2021, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone into Azerbaijan reduced rapidly to X tons, declining by -29.7% on the previous year's figure. In general, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 2,041%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone rose rapidly to $X in 2021. Over the period under review, imports showed a sharp shrinkage. The growth pace was the most rapid in 2020 when imports increased by 1,030% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Iran (X tons) was the main supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to Azerbaijan, accounting for a 92% share of total imports. It was followed by Belarus (X tons), with a 2.9% share of total imports. The third position in this ranking was taken by Turkey (X tons), with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume from Iran stood at -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (-45.9% per year) and Turkey (-36.2% per year).

In value terms, Belarus ($X) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to Azerbaijan, comprising 67% of total imports. The second position in the ranking was taken by Iran ($X), with a 24% share of total imports. It was followed by Turkey, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value from Belarus totaled -30.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (-7.2% per year) and Turkey (-38.7% per year).

Import Prices by Country

In 2021, the average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, rising by 57% against the previous year. In general, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 171% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belarus ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+35.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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