Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan - 2024

Contents:

  1. Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan (CIF) - 2022
  2. Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan (FOB) - 2022
  3. Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan
  4. Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan

Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan (CIF) - 2022

In 2022, the average import price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s amounted to $770 per unit, increasing by 75% against the previous year. Overall, the import price, however, showed a deep contraction. The import price peaked at $3.8 thousand per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 the UK ($2.2 thousand per unit), while the price for Croatia ($123 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+75.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan (FOB) - 2022

The average export price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $122 per unit in 2022, shrinking by -84.6% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 an increase of 856%. The export price peaked at $795 per unit in 2021, and then shrank markedly in the following year.

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 France ($531 per unit), while the average price for exports to the UK ($72 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+61.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan

After two years of decline, purchases abroad of engines; pneumatic power engines and motors, other than linear acting (cylinders)s increased by 53% to 730 units in 2022. In general, imports, however, continue to indicate a precipitous decline. Over the period under review, imports of hit record highs at 1.9K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s surged to $562K in 2022. Over the period under review, imports, however, recorded a abrupt curtailment. Over the period under review, imports of hit record highs at $974K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States49332.271.2174-29.3%
Italy46.078.647.913543.2%
United Kingdom8.98.17.573.7102.3%
Turkey8.042.711.325.947.9%
China15222.526.224.1-45.9%
Sweden0.93.91.817.6169.4%
Germany38.020.09.914.8-27.0%
Croatia2.31.24.66.339.9%
Denmark26.4N/A6.51.9-58.4%
Others19937.923.088.5-23.7%
Total974247210562-16.7%

Top Suppliers of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) to Azerbaijan in 2022:

  1. Turkey (208.0 units)
  2. China (160.0 units)
  3. United States (87.0 units)
  4. Italy (76.0 units)
  5. Croatia (51.0 units)
  6. United Kingdom (34.0 units)
  7. Sweden (30.0 units)
  8. Germany (20.0 units)
  9. Denmark (3.0 units)

Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan

Exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s from Azerbaijan dropped sharply to 82 units in 2022, reducing by -41.8% on 2021. Over the period under review, exports showed a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 3,425%. Over the period under review, the exports of hit record highs at 315 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s declined dramatically to $10K in 2022. In general, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 12,265%. The exports peaked at $214K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A5.00%
France5.1N/AN/A4.2-6.3%
United States200N/A29.60.8-84.1%
TurkmenistanN/AN/A81.2N/A0%
Others9.20.91.3N/A-62.4%
Total2140.911210.0-64.0%

Top Export Markets for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) from Azerbaijan in 2022:

  1. United Kingdom (69.0 units)
  2. France (8.0 units)
  3. United States (5.0 units)

Source: IndexBox Market Intelligence Platform

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