Azerbaijan - Flywheels And Pulleys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFlywheels and Pulleys Price in Azerbaijan - 2023
Contents:
- Flywheels and Pulleys Price in Azerbaijan (CIF) - 2023
- Flywheels and Pulleys Price in Azerbaijan (FOB) - 2022
- Flywheels and Pulleys Imports in Azerbaijan
- Flywheels and Pulleys Exports in Azerbaijan
Flywheels and Pulleys Price in Azerbaijan (CIF) - 2023
The average flywheels and pulleys import price stood at $11,694 per ton in June 2023, approximately equating the previous month. Over the period under review, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 84% m-o-m. Over the period under review, average import prices attained the maximum at $24,433 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($37,310 per ton), while the price for Russia ($3,073 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.9%), while the prices for the other major suppliers experienced a decline.
Flywheels and Pulleys Price in Azerbaijan (FOB) - 2022
In 2022, the average flywheels and pulleys export price amounted to $15,348 per ton, waning by -95.5% against the previous year. Over the period under review, the export price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 6,299%. As a result, the export price attained the peak level of $341,870 per ton, and then reduced sharply in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($12,681 per ton), while the average price for exports to Belgium totaled $11,764 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+61.1%), while the prices for the other major destinations experienced mixed trend patterns.
Flywheels and Pulleys Imports in Azerbaijan
In 2022, the amount of flywheels and pulleys imported into Azerbaijan soared to 251 tons, picking up by 37% on 2021 figures. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, flywheels and pulleys imports surged to $3.9M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Flywheels and Pulleys in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 148 | 237 | 234 | 1,154 | 98.3% |
Netherlands | 28.0 | 19.8 | 6.9 | 1,036 | 233.2% |
China | 199 | 222 | 311 | 296 | 14.2% |
Germany | 220 | 198 | 252 | 285 | 9.0% |
Turkey | 168 | 192 | 170 | 271 | 17.3% |
Japan | 120 | 98.0 | 142 | 141 | 5.5% |
Russia | 78.3 | 108 | 140 | 113 | 13.0% |
Italy | 50.3 | 135 | 86.7 | 68.9 | 11.1% |
United Arab Emirates | 202 | 84.5 | 228 | N/A | 6.2% |
Others | 353 | 875 | 595 | 554 | 16.2% |
Total | 1,567 | 2,170 | 2,166 | 3,920 | 35.7% |
Top Suppliers of Flywheels and Pulleys to Azerbaijan in 2022:
- Netherlands (81.7 tons)
- China (42.2 tons)
- Turkey (35.1 tons)
- Russia (29.7 tons)
- South Korea (29.0 tons)
- Germany (11.1 tons)
- Japan (5.0 tons)
- Italy (2.1 tons)
Flywheels and Pulleys Exports in Azerbaijan
In 2022, the amount of flywheels and pulleys exported from Azerbaijan surged to 5.5 tons, growing by 23,830% against the previous year's figure. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, flywheels and pulleys exports skyrocketed to $84K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Flywheels and Pulleys in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 2.4 | N/A | N/A | 64.7 | 199.8% |
Belgium | 0.6 | N/A | N/A | 4.1 | 89.8% |
Kazakhstan | 1.7 | N/A | N/A | N/A | 0% |
Turkmenistan | N/A | 2.4 | N/A | N/A | 0% |
Afghanistan | N/A | N/A | N/A | N/A | 0% |
Turkey | 0.2 | 6.8 | N/A | N/A | 3300.0% |
Others | 2.6 | 1.8 | 7.9 | 15.7 | 82.1% |
Total | 7.5 | 11.1 | 7.9 | 84.5 | 124.2% |
Top Export Markets for Flywheels and Pulleys from Azerbaijan in 2022:
- United Kingdom (5.1 tons)
- Belgium (0.3 tons)
This report provides an in-depth analysis of the flywheels and pulleys 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 28152500 - Flywheels and pulleys (including pulley blocks)
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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