Azerbaijan - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBituminous Mixtures Price in Azerbaijan - 2023
Contents:
- Bituminous Mixtures Price in Azerbaijan (CIF) - 2023
- Bituminous Mixtures Price in Azerbaijan (FOB) - 2022
- Bituminous Mixtures Imports in Azerbaijan
- Bituminous Mixtures Exports in Azerbaijan
Bituminous Mixtures Price in Azerbaijan (CIF) - 2023
In August 2023, the average bituminous mixtures import price amounted to $1,116 per ton, increasing by 12% against the previous month. Over the period under review, the import price, however, saw a pronounced decline. The pace of growth was the most pronounced in October 2022 an increase of 80% m-o-m. As a result, import price reached the peak level of $1,710 per ton. From November 2022 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($2,203 per ton), while the price for Russia stood at $968 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.4%), while the prices for the other major suppliers experienced a decline.
Bituminous Mixtures Price in Azerbaijan (FOB) - 2022
The average bituminous mixtures export price stood at $1,488 per ton in 2022, rising by 18% against the previous year. Overall, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33%. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($5,170 per ton), while the average price for exports to Georgia stood at $1,314 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+4.6%).
Bituminous Mixtures Imports in Azerbaijan
In 2022, approx. 1.1K tons of bituminous mixtures were imported into Azerbaijan; which is down by -4.4% on the previous year. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 42%. As a result, imports reached the peak of 1.2K tons, and then reduced in the following year.
In value terms, bituminous mixtures imports soared to $1.3M in 2022. Overall, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Bituminous Mixtures in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 894 | 360 | 679 | 597 | -12.6% |
United States | 200 | 253 | 103 | 212 | 2.0% |
Turkey | 20.3 | 11.0 | 15.7 | 211 | 118.2% |
Kazakhstan | 104 | 166 | 179 | 155 | 14.2% |
Malaysia | N/A | N/A | 13.8 | 108 | 682.6% |
United Arab Emirates | 13.4 | 4.4 | 4.8 | N/A | -40.1% |
Others | 5.7 | 1.6 | 15.5 | 11.6 | 26.7% |
Total | 1,237 | 796 | 1,010 | 1,295 | 1.5% |
Top Suppliers of Bituminous Mixtures to Azerbaijan in 2022:
- Russia (599.8 tons)
- Kazakhstan (187.1 tons)
- Turkey (124.5 tons)
- Malaysia (110.7 tons)
- United States (81.3 tons)
Bituminous Mixtures Exports in Azerbaijan
In 2022, the amount of bituminous mixtures exported from Azerbaijan skyrocketed to 70 tons, growing by 840% against the previous year. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, bituminous mixtures exports surged to $104K in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Bituminous Mixtures in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Georgia | 1.1 | 9.4 | 87.7 | 792.9% | |
Russia | N/A | N/A | 16.3 | 0% | |
Uzbekistan | 20.1 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 21.1 | 9.4 | 104 | 122.0% |
Top Export Markets for Bituminous Mixtures from Azerbaijan in 2022:
- Georgia (66.7 tons)
- Russia (3.1 tons)
This report provides an in-depth analysis of the bituminous mixtures 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 23991310 - Bituminous mixtures based on natural and artificial aggregate and bitumen or natural asphalt as a binder
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
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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
This report provides an in-depth analysis of the bituminous mixtures market in Azerbaijan.
This report provides an in-depth analysis of the global bituminous mixtures market.
This report provides an in-depth analysis of the bituminous mixtures market in Azerbaijan.
This report provides an in-depth analysis of the global bituminous mixtures market.
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