Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Azerbaijan - 2023
Contents:
- Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Azerbaijan (CIF) - 2022
- Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Azerbaijan
Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Azerbaijan (CIF) - 2022
The average import price for printing machinery; offset, (excluding reel or sheet fed)s stood at $855 per unit in 2022, reducing by -25% against the previous year. Overall, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 32% against the previous year. The import price peaked at $4,463 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 ($1,127 per unit), while the price for China amounted to $692 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+35.5%), while the prices for the other major suppliers experienced a decline.
Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Azerbaijan
In 2022, overseas purchases of printing machinery; offset, (excluding reel or sheet fed)s decreased by -30.9% to 179 units, falling for the second year in a row after two years of growth. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 385%. As a result, imports reached the peak of 485 units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of printing machinery; offset, (excluding reel or sheet fed)s reduced notably to $153K in 2022. Overall, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 542% against the previous year. As a result, imports attained the peak of $656K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 39.0 | 10.1 | 88.5 | 166.0% |
| Turkey | 5.4 | 20.4 | 43.1 | 55.2 | 117.0% |
| Belgium | 71.9 | 303 | 191 | N/A | 63.0% |
| Germany | 0.1 | 227 | 0.1 | N/A | 0.0% |
| Others | 20.1 | 66.8 | 51.2 | 9.3 | -22.7% |
| Total | 102 | 656 | 295 | 153 | 14.5% |
Top Suppliers of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) to Azerbaijan in 2022:
- China (128.0 units)
- Turkey (49.0 units)
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