Report Update Apr 1, 2024

Azerbaijan - Sealed Beam Lamp Units - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Sealed Beam Market 2024

Sealed Beam Market Size in Azerbaijan

In 2022, the Azerbaijani sealed beam market decreased by -14.7% to $X, falling for the sixth year in a row after two years of growth. Over the period under review, consumption, however, saw a significant expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Sealed Beam Exports

Exports from Azerbaijan

In 2022, overseas shipments of sealed beam lamp units increased by 3,662% to X units, rising for the second year in a row after two years of decline. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 4,300% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, sealed beam exports fell remarkably to $X in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 2,928% against the previous year. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Russia (X units) was the main destination for sealed beam exports from Azerbaijan, accounting for a 92% share of total exports. Moreover, sealed beam exports to Russia exceeded the volume sent to the second major destination, Latvia (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +14,833.3%.

In value terms, Latvia ($X) and Russia ($X) constituted the largest markets for sealed beam exported from Azerbaijan worldwide.

In terms of the main countries of destination, Latvia, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average sealed beam export price stood at $X per unit in 2022, with a decrease of -99.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 513% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($X per unit), while the average price for exports to Russia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-99.9%).

Sealed Beam Imports

Imports into Azerbaijan

In 2022, purchases abroad of sealed beam lamp units decreased by -14.9% to X units, falling for the sixth year in a row after two years of growth. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 10,430% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sealed beam imports expanded to $X in 2022. Overall, imports, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 699%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest sealed beam supplier to Azerbaijan, with a 78% share of total imports. Moreover, sealed beam imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +51.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+36.2% per year) and Turkey (+10.5% per year).

In value terms, China ($X), the UK ($X) and Turkey ($X) were the largest sealed beam suppliers to Azerbaijan, together comprising 73% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +15.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sealed beam import price stood at $X per unit in 2022, picking up by 22% against the previous year. In general, the import price, however, continues to indicate a sharp reduction. The pace of growth appeared the most rapid in 2018 an increase of 32% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-15.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sealed beam lamp units in the world?

The countries with the highest volumes of consumption in 2022 were El Salvador, India and the United States, with a combined 33% share of global consumption. Japan, Germany, Indonesia, Swaziland, China, Spain, Thailand, Italy, Turkey and Ethiopia lagged somewhat behind, together accounting for a further 34%.

What are the largest producers of sealed beam lamp units in the world?

The country with the largest volume of sealed beam production was China, accounting for 35% of total volume. Moreover, sealed beam production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of sealed beam lamp units to Azerbaijan?

In value terms, China, the UK and Turkey constituted the largest sealed beam suppliers to Azerbaijan, together accounting for 73% of total imports.

What are the leading importers of sealed beam lamp units from Azerbaijan?

In value terms, Latvia $780) and Russia $551) appeared to be the largest markets for sealed beam exported from Azerbaijan worldwide.

What is the average export price for sealed beam lamp units in Azerbaijan?

The average sealed beam export price stood at $2.3 per unit in 2022, shrinking by -99.7% against the previous year.

What is the average import price for sealed beam lamp units in Azerbaijan?

In 2022, the average sealed beam import price amounted to $0.7 per unit, rising by 22% against the previous year.

This report provides an in-depth analysis of the sealed beam 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 27401100 - Sealed beam lamp units

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