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Azerbaijan - Iron Or Steel Towers And Lattice Masts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Towers in Azerbaijan - 2023
Contents:
- Price for Iron or Steel Towers in Azerbaijan (CIF) - 2023
- Price for Iron or Steel Towers in Azerbaijan (FOB) - 2022
- Imports of Iron or Steel Towers in Azerbaijan
- Exports of Iron or Steel Towers in Azerbaijan
Price for Iron or Steel Towers in Azerbaijan (CIF) - 2023
The average iron or steel towers import price stood at $1,756 per ton in July 2023, which is down by -10.8% against the previous month. Over the period under review, the import price recorded a mild reduction. The most prominent rate of growth was recorded in August 2022 an increase of 183% against the previous month. As a result, import price attained the peak level of $5,573 per ton. From September 2022 to July 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Russia ($1,777 per ton), while the price for Turkey amounted to $1,746 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Russia (-0.9%).
Price for Iron or Steel Towers in Azerbaijan (FOB) - 2022
In 2022, the average iron or steel towers export price amounted to $1,785 per ton, waning by -16.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 an increase of 22%. As a result, the export price attained the peak level of $2,130 per ton, and then reduced rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,085 per ton), while the average price for exports to Georgia ($250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.5%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Steel Towers in Azerbaijan
After three years of growth, overseas purchases of iron or steel towers and lattice masts decreased by -21.9% to 7.2K tons in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 78% against the previous year.
In value terms, iron or steel towers imports skyrocketed to $21M in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Iron or Steel Towers in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 0.5 | 2.3 | 6.0 | 7.9 | 150.9% |
Ukraine | 2.5 | 3.6 | 4.2 | 6.3 | 36.1% |
Turkey | 2.4 | 3.0 | 3.4 | 5.7 | 33.4% |
China | 0.1 | 0.7 | N/A | 0.4 | 58.7% |
Others | 0.3 | 2.9 | 0.7 | 1.0 | 49.4% |
Total | 5.8 | 12.5 | 14.3 | 21.2 | 54.0% |
Top Suppliers of Iron or Steel Towers to Azerbaijan in 2022:
- Russia (3.2K tons)
- Ukraine (1.9K tons)
- Turkey (1.8K tons)
- China (0.1K tons)
Exports of Iron or Steel Towers in Azerbaijan
In 2022, overseas shipments of iron or steel towers and lattice masts increased by 324% to 81 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a dramatic slump.
In value terms, iron or steel towers exports skyrocketed to $144K in 2022. In general, exports, however, showed a sharp downturn.
Export of Iron or Steel Towers in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 269 | 213 | 38.0 | 138 | -19.9% |
Kazakhstan | 8.8 | 6.0 | 0.9 | 3.0 | -30.1% |
Georgia | 3.5 | 5.8 | 0.9 | 2.6 | -9.4% |
Uzbekistan | 6.3 | N/A | N/A | N/A | 0% |
Poland | N/A | 22.8 | N/A | N/A | 0% |
Others | N/A | N/A | 0.7 | N/A | 0% |
Total | 287 | 247 | 40.5 | 144 | -20.5% |
Top Export Markets for Iron or Steel Towers from Azerbaijan in 2022:
- Russia (66.4 tons)
- Georgia (10.6 tons)
- Kazakhstan (3.7 tons)
This report provides an in-depth analysis of the market for iron or steel towers 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 25112200 - Iron or steel towers and lattice masts
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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