Azerbaijan - Solar Cells and Light-Emitting Diodes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Solar Cells and Light-Emitting Diodes in Azerbaijan - 2022
Contents:
- Price for Solar Cells and Light-Emitting Diodes in Azerbaijan (CIF) - 2022
- Price for Solar Cells and Light-Emitting Diodes in Azerbaijan (FOB) - 2022
- Imports of Solar Cells and Light-Emitting Diodes in Azerbaijan
- Exports of Solar Cells and Light-Emitting Diodes in Azerbaijan
Price for Solar Cells and Light-Emitting Diodes in Azerbaijan (CIF) - 2022
In 2022, the average import price for solar cells and light-emitting diodes amounted to $18 per unit, picking up by 32% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The growth pace was the most rapid in 2013 an increase of 55%. As a result, import price attained the peak level of $51 per unit. From 2014 to 2022, the average import prices remained at a somewhat 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 Germany ($28 per unit), while the price for the United Arab Emirates ($8.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.7%), while the prices for the other major suppliers experienced a decline.
Price for Solar Cells and Light-Emitting Diodes in Azerbaijan (FOB) - 2022
The average export price for solar cells and light-emitting diodes stood at $89 per unit in 2022, jumping by 75% against the previous year. In general, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 395% against the previous year. The export price peaked at $92 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
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 Luxembourg ($171 per unit), while the average price for exports to Georgia ($0.2 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 South Korea (+208.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Solar Cells and Light-Emitting Diodes in Azerbaijan
In 2022, the amount of solar cells and light-emitting diodes imported into Azerbaijan soared to 418K units, rising by 2,331% on the previous year's figure. Overall, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, solar cells and light-emitting diodes imports skyrocketed to $7.7M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Solar Cells and Light-Emitting Diodes in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 690 | 879 | 81.6 | 3,981 | 79.4% |
| China | 434 | 254 | 13.9 | 1,244 | 42.1% |
| United Arab Emirates | 1.7 | 163 | 18.5 | 225 | 409.6% |
| Turkey | 292 | 111 | 2.4 | 94.4 | -31.4% |
| Others | 2,517 | 3,980 | 125 | 2,171 | -4.8% |
| Total | 3,935 | 5,387 | 241 | 7,716 | 25.2% |
Top Suppliers of Solar Cells and Light-Emitting Diodes to Azerbaijan in 2022:
- Germany (140.5K units)
- China (91.5K units)
- United Arab Emirates (27.2K units)
- Turkey (7.9K units)
Exports of Solar Cells and Light-Emitting Diodes in Azerbaijan
In 2022, shipments abroad of solar cells and light-emitting diodes increased by 700% to 8 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a precipitous curtailment. The exports peaked at 147 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, solar cells and light-emitting diodes exports surged to $712 in 2022. In general, exports, however, continue to indicate a sharp reduction. The exports peaked at $7.5K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Solar Cells and Light-Emitting Diodes in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6,307 | 334 | 20.0 | 544 | -55.8% |
| Luxembourg | 224 | 370 | 5.0 | 137 | -15.1% |
| Germany | 115 | 128 | 1.0 | 30.0 | -36.1% |
| Georgia | 715 | 491 | 1.0 | 1.0 | -88.8% |
| Others | 156 | 51.0 | 24.0 | N/A | -60.8% |
| Total | 7,517 | 1,374 | 51.0 | 712 | -54.4% |
Top Export Markets for Solar Cells and Light-Emitting Diodes from Azerbaijan in 2022:
- Georgia (7.0 units)
- Germany (1.0 units)
- Luxembourg (1.0 units)
This report provides an in-depth analysis of the market for solar cells and light-emitting diodes in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26112220 - Semiconductor light emitting diodes (LEDs)
- Prodcom 26112240 - Photosensitive semiconductor devices, solar cells, photodiodes, p hoto-transistors, etc.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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