Report Update Nov 1, 2024

Azerbaijan - Worked Flat Glass - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Worked Flat Glass Market 2024

Worked Flat Glass Market Size in Azerbaijan

For the third year in a row, the Azerbaijani worked flat glass market recorded decline in sales value, which decreased by -3.6% to $X in 2021. Overall, consumption continues to indicate a abrupt contraction. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Worked Flat Glass Exports

Exports from Azerbaijan

Worked flat glass exports from Azerbaijan dropped rapidly to X kg in 2021, declining by -20% compared with 2020. Overall, exports showed a mild descent. The growth pace was the most rapid in 2015 when exports increased by 2,053% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, worked flat glass exports fell significantly to $X in 2021. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 1,030% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X kg) was the main destination for worked flat glass exports from Azerbaijan, accounting for a 83% share of total exports. Moreover, worked flat glass exports to Russia exceeded the volume sent to the second major destination, Georgia (X kg), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +5.1%.

In value terms, Russia ($X) remains the key foreign market for worked flat glass exports from Azerbaijan, comprising 77% of total exports. The second position in the ranking was held by Georgia ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +1.5%.

Export Prices by Country

The average worked flat glass export price stood at $X per ton in 2021, reducing by -9.5% against the previous year. In general, the export price saw a drastic downturn. The growth pace was the most rapid in 2019 an increase of 94%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Russia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-3.5%).

Worked Flat Glass Imports

Imports into Azerbaijan

For the third consecutive year, Azerbaijan recorded decline in supplies from abroad of worked flat glass, which decreased by -28.7% to X tons in 2021. Overall, imports continue to indicate a deep setback. The growth pace was the most rapid in 2015 when imports increased by 462% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, worked flat glass imports soared to $X in 2021. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 817% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Russia (X tons), Turkey (X tons) and Iran (X tons) were the main suppliers of worked flat glass imports to Azerbaijan, with a combined 93% share of total imports. These countries were followed by the Czech Republic, China, Ukraine and Spain, which together accounted for a further 6.1%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +18.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X) constituted the largest supplier of worked flat glass to Azerbaijan, comprising 53% of total imports. The second position in the ranking was taken by Russia ($X), with an 18% share of total imports. It was followed by Iran, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at -11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-2.6% per year) and Iran (-32.7% per year).

Import Prices by Country

The average worked flat glass import price stood at $X per ton in 2021, with an increase of 71% against the previous year. In general, the import price enjoyed slight growth. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 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 China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for worked flat glass in the world?

The country with the largest volume of worked flat glass consumption was China, comprising approx. 23% of total volume. Moreover, worked flat glass consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.2% share.

What are the largest producers of worked flat glass in the world?

The country with the largest volume of worked flat glass production was China, accounting for 32% of total volume. Moreover, worked flat glass production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.2% share.

What are the leading suppliers of worked flat glass to Azerbaijan?

In value terms, Turkey constituted the largest supplier of worked flat glass to Azerbaijan, comprising 48% of total imports. The second position in the ranking was occupied by Iran, with a 20% share of total imports.

What are the leading importers of worked flat glass from Azerbaijan?

In value terms, Russia $16) remains the key foreign market for worked flat glass exports from Azerbaijan.

What is the average export price for worked flat glass in Azerbaijan?

The average worked flat glass export price stood at $897 per ton in 2021, surging by 14% against the previous year.

What is the average import price for worked flat glass in Azerbaijan?

In 2021, the average worked flat glass import price amounted to $1,118 per ton, falling by -1.6% against the previous year.

This report provides an in-depth analysis of the worked flat glass 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 23121150 - Optical flat glass, bent, edge-worked, engraved, etc.
Prodcom 23121190 - Non-optical flat glass, bent, edge-worked, engraved, etc.

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023