Azerbaijan: Insulated Coaxial Cable Market 2024

Insulated Coaxial Cable Market Size in Azerbaijan

The Azerbaijani insulated coaxial cable market soared to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Insulated Coaxial Cable Exports

Exports from Azerbaijan

In 2022, insulated coaxial cable exports from Azerbaijan declined significantly to X kg, dropping by X% against the previous year's figure. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, insulated coaxial cable exports fell rapidly to $X in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2021, and then shrank significantly in the following year.

Exports by Country

The UK (X kg), Turkey (X kg) and Belgium (X kg) were the main destinations of insulated coaxial cable exports from Azerbaijan, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the UK ($X) emerged as the key foreign market for insulated coaxial cables exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Belgium, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average insulated coaxial cable export price amounted to $X per ton, growing by X% against the previous year. In general, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Insulated Coaxial Cable Imports

Imports into Azerbaijan

In 2022, imports of insulated coaxial cables into Azerbaijan skyrocketed to X tons, increasing by X% against the previous year's figure. Overall, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, insulated coaxial cable imports skyrocketed to $X in 2022. In general, total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X tons), South Korea (X tons) and China (X tons) were the main suppliers of insulated coaxial cable imports to Azerbaijan, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest insulated coaxial cable suppliers to Azerbaijan were South Korea ($X), Turkey ($X) and China ($X), with a combined X% share of total imports.

South Korea, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average insulated coaxial cable import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, saw a slight descent. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 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 the UK ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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