Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Azerbaijan - 2023

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Azerbaijan (CIF) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Azerbaijan (FOB) - 2022
3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Azerbaijan
4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Azerbaijan

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Azerbaijan (CIF) - 2022

In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $40,987 per unit, growing by 52% against the previous year. Over the period under review, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 12,362% against the previous year. As a result, import price attained the peak level of $401,655 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($46,785 per unit), while the price for Turkey amounted to $23,591 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Azerbaijan (FOB) - 2022

In 2022, the average export price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $6,833 per unit, falling by -3.3% against the previous year. In general, the export price showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 an increase of 57%. Over the period under review, the average export prices reached the peak figure at $49,900 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2015 to 2022, the rate of growth in terms of prices for Iran amounted to +7.4% per year.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Azerbaijan

In 2022, approx. 12 units of casting machines; of a kind used in metallurgy or in metal foundrieses were imported into Azerbaijan; with a decrease of -29.4% compared with the year before. Overall, imports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 6.2% against the previous year. Imports peaked at 81 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $492K in 2022. In general, imports continue to indicate a dramatic descent. Over the period under review, imports of reached the peak figure at $3.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Azerbaijan in 2022:

1. China (9.0 units)
2. Turkey (3.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Azerbaijan

Exports of casting machines; of a kind used in metallurgy or in metal foundrieses from Azerbaijan stood at 3 units in 2022, remaining constant against 2021. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 200%. Over the period under review, the exports of attained the maximum at 4 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses contracted to $21K in 2022. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 371% against the previous year. Over the period under review, the exports of hit record highs at $36K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Azerbaijan in 2022:

1. Iran (3.0 units)

Source: IndexBox Market Intelligence Platform