Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan - 2024

Contents:

  1. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan (CIF) - 2022
  2. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan (FOB) - 2022
  3. Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan
  4. Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan (CIF) - 2022

In 2022, the average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $1.4 per unit, with an increase of 3.2% against the previous year. Overall, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 31% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3.2 per unit), while the price for Iran ($844 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan (FOB) - 2022

In 2022, the average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $2.7 per unit, growing by 91% against the previous year. Overall, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 187%. Over the period under review, the average export prices reached the maximum at $6.2 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($5.3 per unit), while the average price for exports to Russia stood at $1.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+38.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan

In 2022, approx. 4.2M units of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses were imported into Azerbaijan; which is down by -6.8% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of 4.5M units, and then shrank in the following year.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses contracted slightly to $5.9M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of $6.1M, and then dropped slightly in the following year.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,9451,6161,9141,918-0.5%
Turkey1,2418761,6151,5026.6%
Russia8737861,2951,20211.2%
Italy14512015740841.2%
Iran10116945628441.1%
Bulgaria65.813713916435.6%
Others621374514376-15.4%
Total4,9924,0776,0895,8545.5%

Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Azerbaijan in 2022:

  1. China (1849.2K units)
  2. Russia (991.6K units)
  3. Turkey (692.7K units)
  4. Iran (336.9K units)
  5. Italy (129.0K units)
  6. Bulgaria (116.4K units)

Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan

In 2022, after two years of decline, there was significant growth in shipments abroad of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses, when their volume increased by 315% to 2.5K units. Overall, exports, however, continue to indicate a dramatic decline. Over the period under review, the exports of hit record highs at 9.5K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses skyrocketed to $6.8K in 2022. In general, exports, however, saw a significant curtailment. The exports peaked at $35K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A3.70%
Russia1.73.50.53.122.2%
Turkey33.50.9N/AN/A-97.3%
Others0.31.00.3N/A0.0%
Total35.45.30.96.8-42.3%

Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Azerbaijan in 2022:

  1. Russia (1817.0 units)
  2. Kazakhstan (685.0 units)

Source: IndexBox Market Intelligence Platform

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