Azerbaijan - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan - 2023
Contents:
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan (CIF) - 2022
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan (FOB) - 2022
- Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan
- Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan (CIF) - 2022
The average import price for toothed wheels, chain sprockets and other transmission elements stood at $16,357 per ton in 2022, surging by 14% against the previous year. In general, the import price, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of 95%. Over the period under review, average import prices reached the peak figure at $51,940 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($60,621 per ton), while the price for Russia ($6,932 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan (FOB) - 2022
In 2022, the average export price for toothed wheels, chain sprockets and other transmission elements amounted to $39,643 per ton, rising by 1,532% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decrease. Over the period under review, the average export prices hit record highs at $88,722 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($174,477 per ton), while the average price for exports to Russia ($15,482 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+89.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan
After three years of growth, supplies from abroad of toothed wheels, chain sprockets and other transmission elements decreased by -17.6% to 195 tons in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of 236 tons, and then declined remarkably in the following year.
In value terms, imports of toothed wheels, chain sprockets and other transmission elements dropped to $3.2M in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of $3.4M, and then declined in the following year.
Import of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 351 | 295 | 724 | 605 | 19.9% |
Germany | 894 | 419 | 346 | 416 | -22.5% |
China | 260 | 255 | 430 | 386 | 14.1% |
Turkey | 73.1 | 102 | 111 | 221 | 44.6% |
South Korea | 177 | 111 | 149 | 214 | 6.5% |
Italy | 88.9 | 108 | 78.0 | 184 | 27.4% |
Uzbekistan | N/A | N/A | 1.1 | 25.8 | 2245.5% |
United Arab Emirates | 206 | 459 | 443 | N/A | 46.6% |
Others | 1,167 | 942 | 1,110 | 1,134 | -1.0% |
Total | 3,217 | 2,691 | 3,392 | 3,185 | -0.3% |
Top Suppliers of Toothed Wheels, Chain Sprockets and Other Transmission Elements to Azerbaijan in 2022:
- Russia (87.2 tons)
- China (52.9 tons)
- Turkey (12.5 tons)
- South Korea (7.8 tons)
- Germany (6.9 tons)
- Italy (6.0 tons)
- Uzbekistan (3.3 tons)
Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan
In 2022, the amount of toothed wheels, chain sprockets and other transmission elements exported from Azerbaijan declined sharply to 4.2 tons, which is down by -93.5% against the previous year. Over the period under review, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 1,761% against the previous year. As a result, the exports attained the peak of 64 tons, and then reduced rapidly in the following year.
In value terms, exports of toothed wheels, chain sprockets and other transmission elements stood at $167K in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 11.2 | 8.9 | 7.4 | 52.0 | 66.8% |
Norway | N/A | 6.2 | 0.5 | 37.9 | 147.2% |
United States | 2.9 | N/A | 2.5 | 37.3 | 134.3% |
Belgium | N/A | N/A | N/A | 24.1 | 0% |
United Kingdom | 22.8 | N/A | 68.1 | 0.3 | -76.4% |
Poland | 4.8 | N/A | 49.2 | N/A | 220.2% |
Czech Republic | 66.9 | N/A | N/A | N/A | 0% |
Afghanistan | 16.1 | 2.6 | N/A | N/A | -83.9% |
Others | 29.7 | 106 | 28.8 | 15.0 | -20.4% |
Total | 154 | 124 | 157 | 167 | 2.7% |
Top Export Markets for Toothed Wheels, Chain Sprockets and Other Transmission Elements from Azerbaijan in 2022:
- Russia (3359.0 kg)
- Belgium (304.0 kg)
- Norway (293.0 kg)
- United States (214.0 kg)
- United Kingdom (4.0 kg)
This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements 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 28153930 - Parts of bearing housings
- Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints
Country coverage:
- Azerbaijan
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
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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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