Report Update: May 1, 2024

Azerbaijan - Non-Electric Air Heaters Or Hot Air Distributors - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Air Heater Price in Azerbaijan - 2023

Non-Electric Air Heater Price in Azerbaijan (CIF) - 2022

In 2022, the average non-electric air heater import price amounted to $5.4 per unit, growing by 51% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 185%. The import price peaked at $6.8 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Spain ($32 per unit), while the price for Turkey ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Electric Air Heater Price in Azerbaijan (FOB) - 2023

In July 2023, the average non-electric air heater export price amounted to $13.6 per unit, with an increase of 9.5% against the previous month. Over the period under review, the export price, however, saw a abrupt contraction. Over the period under review, the average export prices reached the peak figure at $25.4 per unit in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.

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

From December 2022 to July 2023, the rate of growth in terms of prices for Latvia amounted to -7.8% per month.

Non-Electric Air Heater Imports in Azerbaijan

In 2022, approx. 206K units of non-electric air heaters or hot air distributors were imported into Azerbaijan; growing by 7.8% against the previous year. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 18%. As a result, imports reached the peak of 243K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-electric air heater imports skyrocketed to $1.1M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Non-Electric Air Heater in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	20.2	271	32.3	388	167.8%
Turkey	146	164	361	237	17.5%
Russia	7.4	30.6	5.5	214	206.9%
Italy	57.2	51.1	45.1	87.1	15.0%
Ukraine	8.9	8.9	34.2	31.9	53.0%
Iran	38.0	25.0	27.4	30.5	-7.1%
Netherlands	86.6	37.1	22.1	N/A	-49.5%
Others	396	175	161	133	-30.5%
Total	761	763	688	1,122	13.8%

Top Suppliers of Non-Electric Air Heater to Azerbaijan in 2022:

China (130.1K units)
Turkey (96.1K units)
Russia (36.1K units)
Iran (10.7K units)
Ukraine (7.1K units)
Italy (6.4K units)

Non-Electric Air Heater Exports in Azerbaijan

In 2022, overseas shipments of non-electric air heaters or hot air distributors increased by 0.5% to 3.1K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp slump. The exports peaked at 12K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, non-electric air heater exports fell slightly to $10K in 2022. Over the period under review, exports, however, saw a sharp downturn. The smallest decline of -2.4% was in 2021. Over the period under review, the exports hit record highs at $29K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Non-Electric Air Heater in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Latvia	N/A	N/A	N/A	10.0	0%
Georgia	3.1	1.2	8.6	0.1	-68.2%
Russia	N/A	5.3	N/A	N/A	0%
Norway	25.7	N/A	N/A	N/A	0%
Others	0.1	4.1	1.7	N/A	312.3%
Total	28.9	10.6	10.3	10.1	-29.6%

Top Export Markets for Non-Electric Air Heater from Azerbaijan in 2022:

Latvia (0.4K units)
Georgia (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric air heater 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 27521300 - Air heaters or hot air distributors n.e.c., of iron or steel, nonelectric

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