Price for Vehicles; Mobile Drilling Derricks in Azerbaijan - 2023

Contents:

  1. Price for Vehicles; Mobile Drilling Derricks in Azerbaijan (CIF) - 2022
  2. Imports of Vehicles; Mobile Drilling Derricks in Azerbaijan

Price for Vehicles; Mobile Drilling Derricks in Azerbaijan (CIF) - 2022

In 2022, the average vehicles; mobile drilling derricks import price amounted to $208,800 per unit, leveling off at the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 93% against the previous year. Over the period under review, average import prices reached the maximum at $385,580 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +3.5% per year.

Imports of Vehicles; Mobile Drilling Derricks in Azerbaijan

In 2022, vehicles; mobile drilling derricks imports into Azerbaijan amounted to 1 units, approximately mirroring the previous year's figure. Over the period under review, imports continue to indicate a precipitous setback. The smallest decline of -25% was in 2020. Imports peaked at 8 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, vehicles; mobile drilling derricks imports stood at $209K in 2022. In general, imports continue to indicate a precipitous descent. The smallest decline of -94.9% was in 2020. Over the period under review, imports hit record highs at $1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Vehicles; Mobile Drilling Derricks in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia21.30.6N/A209114.1%
China59628.6N/AN/A-95.2%
Italy7.80.5N/AN/A-93.6%
Georgia1246.6N/AN/A-94.7%
Turkey18511.0N/AN/A-94.1%
Ukraine1106.1N/AN/A-94.5%
OthersN/AN/AN/AN/A0%
Total1,04453.4N/A209-41.5%

Top Suppliers of Vehicles; Mobile Drilling Derricks to Azerbaijan in 2022:

  1. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform

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