Price for Liquid Elevators; Parts Thereof in Azerbaijan - 2023

Contents:

  1. Price for Liquid Elevators; Parts Thereof in Azerbaijan (CIF) - 2022
  2. Imports of Liquid Elevators; Parts Thereof in Azerbaijan

Price for Liquid Elevators; Parts Thereof in Azerbaijan (CIF) - 2022

In 2022, the average liquid elevators; parts thereof import price amounted to $9,325 per ton, shrinking by -22.8% against the previous year. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 60%. The import price peaked at $42,663 per ton 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 the United States ($134,658 per ton), while the price for Ukraine ($2,314 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Liquid Elevators; Parts Thereof in Azerbaijan

In 2022, the amount of liquid elevators; parts thereoves imported into Azerbaijan reduced sharply to 16 tons, dropping by -56.3% on the previous year's figure. Over the period under review, imports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of 37 tons, and then fell sharply in the following year.

In value terms, liquid elevators; parts thereof imports shrank sharply to $151K in 2022. In general, imports continue to indicate a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by 129% against the previous year.

Import of Liquid Elevators; Parts Thereof in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey28810928986.9-32.9%
China31.547.670.627.3-4.7%
South KoreaN/A0.20.46.0447.7%
Taiwan (Chinese)N/AN/AN/A4.50%
Ukraine12.96.99.21.5-51.2%
Others16931.678.725.2-47.0%
Total501195448151-33.0%

Top Suppliers of Liquid Elevators; Parts Thereof to Azerbaijan in 2022:

  1. Turkey (7.2 tons)
  2. China (5.9 tons)
  3. Taiwan (Chinese) (1.2 tons)
  4. Ukraine (0.6 tons)
  5. South Korea (0.4 tons)

Source: IndexBox Market Intelligence Platform

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