Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Azerbaijan - 2023
Contents:
- Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Azerbaijan (CIF) - 2022
- Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Azerbaijan
Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Azerbaijan (CIF) - 2022
In 2022, the average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $1,412 per unit, increasing by 17% against the previous year. Over the period under review, the import price, however, saw a slight reduction. The growth pace was the most rapid in 2017 an increase of 46%. The import price peaked at $2,728 per unit in 2018; however, from 2019 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 Turkey ($2,875 per unit), while the price for the Czech Republic ($295 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Azerbaijan
In 2022, approx. 3.5K units of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses were imported into Azerbaijan; jumping by 26% against 2021. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 50% against the previous year. As a result, imports reached the peak of 3.9K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses skyrocketed to $4.9M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.6 | 2.3 | 1.9 | 3.4 | 9.4% |
| China | 0.7 | 0.9 | 0.6 | 0.9 | 8.7% |
| Czech Republic | 0.1 | N/A | N/A | 0.1 | 0.0% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| Others | 1.0 | 0.8 | 0.8 | 0.4 | -26.3% |
| Total | 4.3 | 4.0 | 3.3 | 4.9 | 4.5% |
Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Azerbaijan in 2022:
- China (1880.0 units)
- Turkey (1175.0 units)
- Czech Republic (268.0 units)
- India (70.0 units)
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