Hand Saws Price in Azerbaijan - 2023

Contents:

1. Hand Saws Price in Azerbaijan (CIF) - 2023
2. Hand Saws Price in Azerbaijan (FOB) - 2022
3. Hand Saws Imports in Azerbaijan
4. Hand Saws Exports in Azerbaijan

Hand Saws Price in Azerbaijan (CIF) - 2023

In August 2023, the average hand saws import price amounted to $4,840 per ton, with an increase of 2.7% against the previous month. Overall, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 85% month-to-month. Over the period under review, average import prices attained the maximum at $10,748 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($7,738 per ton), while the price for China amounted to $3,495 per ton.

From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+2.8%).

Hand Saws Price in Azerbaijan (FOB) - 2022

The average hand saws export price stood at $22,859 per ton in 2022, with a decrease of -38% against the previous year. In general, the export price showed a sharp curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by 249% against the previous year. Over the period under review, the average export prices reached the peak figure at $296,600 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Norway ($48,667 per ton), while the average price for exports to Belgium ($1,250 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 the UK (+0.3%), while the prices for the other major destinations experienced a decline.

Hand Saws Imports in Azerbaijan

In 2022, after three years of growth, there was significant decline in purchases abroad of hand sawses, when their volume decreased by -11.5% to 244 tons. Overall, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 0.8%.

In value terms, hand saws imports rose to $1.7M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Hand Saws to Azerbaijan in 2022:

1. China (164.5 tons)
2. Turkey (48.1 tons)
3. Russia (9.7 tons)
4. Germany (8.7 tons)
5. Italy (6.3 tons)

Hand Saws Exports in Azerbaijan

In 2022, exports of hand sawses from Azerbaijan reduced dramatically to 312 kg, with a decrease of -69.4% on 2021. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,654%. As a result, the exports attained the peak of 1 tons, and then reduced markedly in the following year.

In value terms, hand saws exports dropped notably to $7.1K in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,185% against the previous year. As a result, the exports attained the peak of $38K, and then reduced notably in the following year.

Top Export Markets for Hand Saws from Azerbaijan in 2022:

1. Angola (220.0 kg)
2. Turkey (32.0 kg)
3. United Kingdom (26.0 kg)
4. Iraq (10.0 kg)
5. Belgium (8.0 kg)
6. Norway (6.0 kg)
7. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform