Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Azerbaijan - 2023

Contents:

1. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Azerbaijan (CIF) - 2022
2. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Azerbaijan (FOB) - 2022
3. Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Azerbaijan
4. Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Azerbaijan

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Azerbaijan (CIF) - 2022

In 2022, the average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $0.6 per unit, shrinking by -28.4% against the previous year. Overall, the import price faced a sharp descent. The most prominent rate of growth was recorded in 2019 an increase of 38%. Over the period under review, average import prices attained the peak figure at $15 per unit in 2012; however, from 2013 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 ($2.3 per unit), while the price for China amounted to $0.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.0%).

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Azerbaijan (FOB) - 2022

The average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $87 per unit in 2022, jumping by 672% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($170 per unit), while the average price for exports to the UK stood at $12 per unit.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+953.7%).

Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Azerbaijan

For the fourth year in a row, Azerbaijan recorded growth in overseas purchases of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s, which increased by 34% to 1.3M units in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 65% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s shrank to $746K in 2022. Overall, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 56%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to Azerbaijan in 2022:

1. China (1244.8K units)
2. Turkey (29.4K units)

Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Azerbaijan

After two years of growth, overseas shipments of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s decreased by -80.8% to 23 units in 2022. Overall, exports faced a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 135%. As a result, the exports reached the peak of 120 units, and then reduced rapidly in the following year.

In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s skyrocketed to $2K in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,207%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from Azerbaijan in 2022:

1. United Kingdom (12.0 units)
2. Italy (11.0 units)

Source: IndexBox Market Intelligence Platform