Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan - 2024

Contents:

  1. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan (CIF) - 2022
  2. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan (FOB) - 2022
  3. Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan
  4. Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan (CIF) - 2022

The average import price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $145 thousand per unit in 2022, increasing by 36% against the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. The import price peaked at $260 thousand per unit in 2013; however, from 2014 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 France ($168 thousand per unit), while the price for Kazakhstan ($41 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan (FOB) - 2022

The average export price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $2.6 thousand per unit in 2022, growing by 194% against the previous year. Over the period under review, the export price posted a prominent 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 external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($5.6 thousand per unit), while the average price for exports to Turkmenistan ($517 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan

In 2022, supplies from abroad of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses decreased by -36% to 497 units, falling for the second year in a row after two years of growth. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 51% against the previous year. As a result, imports reached the peak of 1.3K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses fell to $72M in 2022. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of $108M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.213.315.718.211.3%
Turkey6.55.66.68.810.6%
Germany13.211.07.16.7-20.2%
Russia12.99.97.36.5-20.4%
United States10.520.54.95.9-17.5%
Italy3.65.35.83.81.8%
India2.58.22.02.50.0%
United Kingdom3.212.56.62.4-9.1%
Japan6.41.22.32.3-28.9%
Ukraine1.31.21.31.811.5%
France1.62.51.91.84.0%
South Korea4.72.05.41.3-34.8%
Kazakhstan0.1N/AN/A0.791.3%
Others13.714.715.79.1-12.7%
Total93.610882.471.9-8.4%

Top Suppliers of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators to Azerbaijan in 2022:

  1. China (111.0 units)
  2. Turkey (54.0 units)
  3. Germany (41.0 units)
  4. Russia (40.0 units)
  5. United States (36.0 units)
  6. Italy (23.0 units)
  7. Kazakhstan (17.0 units)
  8. India (15.0 units)
  9. United Kingdom (15.0 units)
  10. Japan (14.0 units)
  11. Ukraine (11.0 units)
  12. France (11.0 units)
  13. South Korea (8.0 units)

Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan

In 2022, approx. 2.1K units of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses were exported from Azerbaijan; reducing by -3.6% on the previous year. Overall, exports faced a significant curtailment. The exports peaked at 9.2K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses surged to $5.3M in 2022. Over the period under review, exports saw a abrupt shrinkage. The exports peaked at $6.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1,3718671.52,41420.8%
Russia49.41,143167670138.5%
Turkmenistan11.3N/A76.1539262.7%
United Kingdom387421405382-0.4%
Georgia1,0779.626.3280-36.2%
UzbekistanN/A124N/A24540.6%
Norway1,02910.0229235-38.9%
France43578.5N/A92.7-40.3%
United States1,66118437.516.7-78.4%
Others554492930442-7.3%
Total6,5763,3281,8735,317-6.8%

Top Export Markets for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators from Azerbaijan in 2022:

  1. Turkmenistan (1043.0 units)
  2. Kazakhstan (439.0 units)
  3. Norway (178.0 units)
  4. Russia (120.0 units)
  5. United Kingdom (68.0 units)
  6. Uzbekistan (59.0 units)
  7. Georgia (52.0 units)
  8. France (18.0 units)
  9. United States (3.0 units)

Source: IndexBox Market Intelligence Platform

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