Price for Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan - 2023

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan (CIF) - 2022
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan (FOB) - 2022
  3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan
  4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan

Price for Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan (CIF) - 2022

In 2022, the average import price for book-binding machinery; including book-sewing machineses amounted to $150 per unit, dropping by -19.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 46%. As a result, import price reached the peak level of $187 per unit, and then declined sharply in the following year.

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 China ($313 per unit), while the price for Turkey ($82 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan (FOB) - 2022

The average export price for book-binding machinery; including book-sewing machineses stood at $111 per unit in 2022, surging by 12% against the previous year. Over the period under review, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 118% against the previous year. Over the period under review, the average export prices attained the peak figure at $551 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +7.1% per year.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan

In 2022, imports of book-binding machinery; including book-sewing machineses into Azerbaijan surged to 6.3K units, picking up by 120% compared with the previous year's figure. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, book-binding machinery; including book-sewing machines imports skyrocketed to $947K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.720.420.3301148.1%
Germany10945.143.725933.4%
Switzerland32.833.62.419982.4%
United States8.357.712998.6128.2%
Turkey7.310.832.943.581.3%
Ukraine18.613.715.5N/A-8.7%
Others10513829245.4-24.4%
Total30131953594746.5%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Azerbaijan in 2022:

  1. Germany (2.7K units)
  2. Switzerland (1.4K units)
  3. China (1.0K units)
  4. Turkey (0.5K units)
  5. United States (0.4K units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan

In 2022, book-binding machinery; including book-sewing machines exports from Azerbaijan soared to 115 units, increasing by 11,400% compared with the previous year. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, book-binding machinery; including book-sewing machines exports surged to $13K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Book-Binding Machinery; Including Book-Sewing Machines in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.10.10.112.8404.0%
FranceN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.10.10.112.8404.0%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Azerbaijan in 2022:

  1. Turkey (115.0 units)

Source: IndexBox Market Intelligence Platform

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