Azerbaijan - Hand-Operated Drilling, Threading or Tapping Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan - 2023
Contents:
- Price for Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan (CIF) - 2022
- Price for Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan (FOB) - 2022
- Imports of Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan
- Exports of Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan
Price for Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan (CIF) - 2022
The average import price for hand-operated drilling, threading or tapping tools stood at $3,794 per ton in 2022, falling by -28.2% against the previous year. Over the period under review, the import price recorded a abrupt descent. The growth pace was the most rapid in 2013 an increase of 45% against the previous year. As a result, import price attained the peak level of $38,638 per ton. 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 the UK ($101,707 per ton), while the price for China ($3,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.8%), while the prices for the other major suppliers experienced a decline.
Price for Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan (FOB) - 2022
In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $18,978 per ton, rising by 52% against the previous year. In general, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 255%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($25,207 per ton), while the average price for exports to the UK totaled $7,688 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+55.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan
For the fourth year in a row, Azerbaijan recorded growth in overseas purchases of hand-operated drilling, threading or tapping tools, which increased by 14% to 40 tons in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 59% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of hand-operated drilling, threading or tapping tools shrank significantly to $154K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.8% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 78%. As a result, imports attained the peak of $236K. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 23.7 | 67.1 | 93.1 | 121 | 72.2% |
Turkey | 23.9 | 12.9 | 22.6 | 14.2 | -15.9% |
Germany | 34.9 | 5.2 | 7.7 | 2.2 | -60.2% |
South Korea | 8.6 | N/A | 6.5 | N/A | -13.1% |
Others | 41.3 | 150 | 57.7 | 16.4 | -26.5% |
Total | 132 | 236 | 188 | 154 | 5.3% |
Top Suppliers of Hand-Operated Drilling, Threading or Tapping Tool to Azerbaijan in 2022:
- China (37.9 tons)
- Turkey (1.7 tons)
- Germany (0.2 tons)
Exports of Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan
In 2022, the amount of hand-operated drilling, threading or tapping tools exported from Azerbaijan shrank remarkably to 45 kg, falling by -92.3% compared with 2021 figures. In general, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 775%. As a result, the exports attained the peak of 586 kg, and then reduced sharply in the following year.
In value terms, exports of hand-operated drilling, threading or tapping tools declined remarkably to $854 in 2022. Over the period under review, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 668%. As a result, the exports attained the peak of $7.3K, and then fell significantly in the following year.
Export of Hand-Operated Drilling, Threading or Tapping Tool in Azerbaijan (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | 549 | 731 | 33.2% |
United Kingdom | N/A | 150 | 441 | 123 | -9.4% |
Hong Kong SAR | N/A | 660 | 110 | N/A | -83.3% |
Russia | N/A | N/A | 6,205 | N/A | 0% |
Norway | 366 | 141 | N/A | N/A | -61.5% |
Georgia | 1,055 | N/A | N/A | N/A | 0% |
Others | 720 | N/A | N/A | N/A | 0% |
Total | 2,141 | 951 | 7,305 | 854 | -26.4% |
Top Export Markets for Hand-Operated Drilling, Threading or Tapping Tool from Azerbaijan in 2022:
- Netherlands (29.0 kg)
- United Kingdom (16.0 kg)
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool 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 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor
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
-
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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