Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan - 2024
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan (CIF) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan (FOB) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan (CIF) - 2022
The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $88 per unit in 2022, growing by 12% against the previous year. Overall, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 533% against the previous year. As a result, import price reached the peak level of $422 per unit. From 2015 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 Turkey ($695 per unit), while the price for France ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+746.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan (FOB) - 2022
The average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $223 per unit in 2022, increasing by 13% against the previous year. In general, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 244% against the previous year. As a result, the export price reached the peak level of $407 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,000 per unit), while the average price for exports to Russia ($100 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 UK (+8.0%), while the prices for the other major destinations experienced a decline.
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan
In 2022, supplies from abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs decreased by -66.8% to 8.5K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 309% against the previous year. As a result, imports reached the peak of 26K units, and then declined significantly in the following year.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs dropped rapidly to $751K in 2022. Overall, imports, however, recorded modest growth. The most prominent rate of growth was recorded in 2021 with an increase of 123% against the previous year. As a result, imports reached the peak of $2M, and then dropped remarkably in the following year.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 462 | 295 | 639 | 407 | -4.1% |
| China | 11.7 | 76.0 | 1,210 | 133 | 124.8% |
| United Kingdom | 134 | 43.1 | 46.2 | 63.4 | -22.1% |
| France | N/A | N/A | N/A | 47.1 | 0% |
| United States | 25.0 | 54.6 | 12.3 | 30.7 | 7.1% |
| Spain | N/A | 16.5 | N/A | N/A | 0% |
| Italy | 18.8 | 375 | 12.2 | N/A | -19.4% |
| Others | 65.3 | 42.6 | 93.2 | 70.3 | 2.5% |
| Total | 716 | 903 | 2,013 | 751 | 1.6% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Azerbaijan in 2022:
- France (4.1K units)
- China (2.7K units)
- United States (0.7K units)
- Turkey (0.6K units)
- United Kingdom (0.2K units)
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan
In 2022, shipments abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs was finally on the rise to reach 8 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a significant decrease. Over the period under review, the exports of attained the maximum at 61 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs skyrocketed to $1.8K in 2022. In general, exports, however, showed a dramatic shrinkage. Over the period under review, the exports of hit record highs at $6.5K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 1.0 | 0% |
| United Kingdom | 5.8 | 2.9 | N/A | 0.7 | -50.6% |
| Russia | N/A | N/A | N/A | 0.1 | 0% |
| Cameroon | N/A | N/A | 1.1 | N/A | 0% |
| Georgia | 0.7 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.5 | 2.9 | 1.2 | 1.8 | -34.8% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Azerbaijan in 2022:
- United Kingdom (6.0 units)
- Netherlands (1.0 units)
- Russia (1.0 units)
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