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Azerbaijan - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Ballast for Discharge Lamp in Azerbaijan - 2023
Contents:
- Price for Ballast for Discharge Lamp in Azerbaijan (CIF) - 2022
- Price for Ballast for Discharge Lamp in Azerbaijan (FOB) - 2022
- Imports of Ballast for Discharge Lamp in Azerbaijan
- Exports of Ballast for Discharge Lamp in Azerbaijan
Price for Ballast for Discharge Lamp in Azerbaijan (CIF) - 2022
In 2022, the average ballast for discharge lamp import price amounted to $3.1 per unit, shrinking by -9.5% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 60% against the previous year. As a result, import price attained the peak level of $19 per unit. From 2014 to 2022, the average import prices remained 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 Bulgaria ($138 per unit), while the price for Spain ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+114.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Ballast for Discharge Lamp in Azerbaijan (FOB) - 2022
In 2022, the average ballast for discharge lamp export price amounted to $195 per unit, growing by 1,835% against the previous year. Overall, the export price posted significant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 4,667%. As a result, the export price attained the peak level of $2,002 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($198 per unit), while the average price for exports to Luxembourg totaled $140 per unit.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+103.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ballast for Discharge Lamp in Azerbaijan
In 2022, approx. 125K units of ballasts for discharge lamps or tubes were imported into Azerbaijan; shrinking by -15.2% on the year before. Over the period under review, imports faced a abrupt slump. The smallest decline of -5.1% was in 2021. Imports peaked at 198K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, ballast for discharge lamp imports fell notably to $389K in 2022. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 48%. Over the period under review, imports attained the maximum at $681K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Ballast for Discharge Lamp in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 192 | 142 | 199 | 241 | 7.9% |
Germany | 129 | 50.7 | 73.2 | 19.6 | -46.6% |
Turkey | 20.3 | 31.4 | 40.3 | 19.5 | -1.3% |
Spain | 38.2 | 10.4 | N/A | 7.5 | -41.9% |
Bulgaria | 11.2 | 13.2 | 8.5 | 3.3 | -33.5% |
Israel | N/A | N/A | 65.6 | 1.2 | -98.2% |
Russia | 23.7 | 0.8 | 0.8 | 1.0 | -65.2% |
Others | 267 | 94.3 | 119 | 95.9 | -28.9% |
Total | 681 | 342 | 507 | 389 | -17.0% |
Top Suppliers of Ballast for Discharge Lamp to Azerbaijan in 2022:
- Bulgaria (undefinedK units)
- China (75.2K units)
- Turkey (24.9K units)
- Spain (16.9K units)
- Germany (1.4K units)
- Russia (0.8K units)
- Israel (0.2K units)
Exports of Ballast for Discharge Lamp in Azerbaijan
After three years of growth, shipments abroad of ballasts for discharge lamps or tubes decreased by -71.7% to 67 units in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,273%. The exports peaked at 237 units in 2021, and then reduced sharply in the following year.
In value terms, ballast for discharge lamp exports surged to $13K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 470%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
Export of Ballast for Discharge Lamp in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 0.5 | N/A | N/A | 12.5 | 192.4% |
Luxembourg | 0.1 | 0.7 | 1.3 | 0.6 | 81.7% |
Kazakhstan | N/A | N/A | 1.0 | N/A | 0% |
Kyrgyzstan | 0.1 | N/A | N/A | N/A | 0% |
Turkey | N/A | 1.9 | N/A | N/A | 0% |
Others | N/A | 0.8 | 0.1 | N/A | -87.5% |
Total | 0.6 | 3.3 | 2.4 | 13.1 | 179.5% |
Top Export Markets for Ballast for Discharge Lamp from Azerbaijan in 2022:
- United Kingdom (63.0 units)
- Luxembourg (4.0 units)
This report provides an in-depth analysis of the market for ballast for discharge lamp 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 27115013 - Inductors for discharge lamps or tubes
- Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)
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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