Price for Milking Machines and Dairy Machinery in Azerbaijan - 2023

Price for Milking Machines and Dairy Machinery in Azerbaijan (CIF) - 2022

The average import price for milking machines and dairy machineries stood at $1,893 per unit in 2022, waning by -8% against the previous year. In general, the import price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2016 an increase of 65%. Over the period under review, average import prices attained the peak figure at $3,750 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,692 per unit), while the price for China ($314 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Milking Machines and Dairy Machinery in Azerbaijan (FOB) - 2022

The average export price for milking machines and dairy machineries stood at $529 per unit in 2022, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2016 an increase of 75%. As a result, the export price reached the peak level of $1,344 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Iran.

From 2015 to 2022, the rate of growth in terms of prices for Iran amounted to -15.1% per year.

Imports of Milking Machines and Dairy Machinery in Azerbaijan

In 2022, the amount of milking machines and dairy machineries imported into Azerbaijan dropped rapidly to 1.4K units, with a decrease of -20.2% compared with 2021 figures. Over the period under review, imports recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 1.8K units, and then reduced dramatically in the following year.

In value terms, milking machines and dairy machinery imports plummeted to $2.7M in 2022. Overall, imports faced a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 9.8% against the previous year. Over the period under review, imports hit record highs at $4.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Milking Machines and Dairy Machinery in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	535	785	1,714	1,441	39.1%
Israel	586	54.5	40.6	980	18.7%
Iran	101	233	173	203	26.2%
Ukraine	8.8	16.1	1.2	56.1	85.4%
China	1.8	27.6	9.9	7.3	59.5%
Russia	702	59.2	69.8	0.1	-94.8%
Czech Republic	714	823	882	N/A	11.1%
Others	2,067	1,383	824	38.3	-73.5%
Total	4,716	3,381	3,713	2,725	-16.7%

Top Suppliers of Milking Machines and Dairy Machinery to Azerbaijan in 2022:

Turkey (690.0 units)
Iran (408.0 units)
Israel (267.0 units)
Ukraine (42.0 units)
China (23.0 units)

Exports of Milking Machines and Dairy Machinery in Azerbaijan

Milking machines and dairy machinery exports from Azerbaijan totaled less than 0.1 units in 2022, almost unchanged from the previous year's figure. Over the period under review, exports faced a dramatic contraction. The smallest decline of -90.9% was in 2020. Over the period under review, the exports attained the peak figure at 11 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, milking machines and dairy machinery exports stood at $180 in 2022. In general, exports continue to indicate a sharp curtailment. The smallest decline of -95.6% was in 2020. The exports peaked at $9K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.