Pumps; Parts Thereof Price in Azerbaijan - 2023
Contents:
- Pumps; Parts Thereof Price in Azerbaijan (CIF) - 2023
- Pumps; Parts Thereof Price in Azerbaijan (FOB) - 2022
- Pumps; Parts Thereof Imports in Azerbaijan
- Pumps; Parts Thereof Exports in Azerbaijan
Pumps; Parts Thereof Price in Azerbaijan (CIF) - 2023
The average pumps; parts thereof import price stood at $6,130 per ton in June 2023, waning by -71.7% against the previous month. In general, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 241% against the previous month. Over the period under review, average import prices reached the peak figure at $43,514 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($101K per ton), while the price for China ($2,829 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Azerbaijan (FOB) - 2022
The average pumps; parts thereof export price stood at $14,468 per ton in 2022, waning by -9% against the previous year. Overall, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 229% against the previous year. As a result, the export price attained the peak level of $29,262 per ton. From 2015 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 Kazakhstan ($20,977 per ton), while the average price for exports to Moldova ($1,733 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 Turkey (+32.0%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Imports in Azerbaijan
After two years of decline, purchases abroad of pumps; parts thereoves increased by 56% to 1.7K tons in 2022. Overall, imports, however, recorded a abrupt shrinkage.
In value terms, pumps; parts thereof imports fell to $15M in 2022. Over the period under review, imports, however, recorded a drastic downturn.
Import of Pumps; Parts Thereof in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 4.9 | 1.8 | 2.1 | 3.4 | -11.5% |
China | 2.4 | 1.3 | 1.4 | 2.3 | -1.4% |
Germany | 2.6 | 2.6 | 1.3 | 1.6 | -14.9% |
Turkey | 0.4 | 0.3 | 0.6 | 1.2 | 44.2% |
United States | 3.5 | 4.5 | 1.7 | 1.1 | -32.0% |
South Korea | 1.3 | 1.5 | 3.6 | 0.8 | -14.9% |
Kazakhstan | 0.1 | N/A | N/A | 0.7 | 91.3% |
Others | 8.0 | 5.9 | 5.2 | 3.6 | -23.4% |
Total | 23.3 | 17.9 | 15.9 | 14.8 | -14.0% |
Top Suppliers of Pumps; Parts Thereof to Azerbaijan in 2022:
- Russia (967.6 tons)
- Kazakhstan (356.3 tons)
- China (197.0 tons)
- Turkey (92.6 tons)
- Germany (17.3 tons)
- South Korea (16.0 tons)
- United States (13.2 tons)
Pumps; Parts Thereof Exports in Azerbaijan
In 2022, shipments abroad of pumps; parts thereoves decreased by -15.9% to 9.4 tons, falling for the second consecutive year after two years of growth. In general, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, the exports attained the peak of 23 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, pumps; parts thereof exports fell markedly to $136K in 2022. Over the period under review, exports saw a precipitous descent. The smallest decline of -13.6% was in 2021.
Export of Pumps; Parts Thereof in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 23.3 | 82.2 | 33.4 | 89.5 | 56.6% |
Kazakhstan | 24.8 | 5.5 | 1.5 | 21.2 | -5.1% |
Georgia | N/A | 3.3 | 5.4 | 4.1 | 11.5% |
Moldova | N/A | N/A | N/A | 1.3 | 0% |
Norway | 351 | 10.6 | 15.1 | N/A | -79.3% |
Ukraine | 52.8 | 67.8 | 30.7 | N/A | -23.7% |
Others | 28.4 | 35.9 | 91.1 | 19.5 | -11.8% |
Total | 481 | 205 | 177 | 136 | -34.4% |
Top Export Markets for Pumps; Parts Thereof from Azerbaijan in 2022:
- Russia (7.2 tons)
- Kazakhstan (1.0 tons)
- Moldova (0.8 tons)
- Georgia (0.3 tons)
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Discover the top import markets for pumps for liquids in the world, including countries like the United States, Germany, and China. Explore key statistics and insights from the IndexBox market intelligence platform.
Looking to learn more about the future of water pumps and the market forecast? This article covers the latest trends and predictions for the water pump industry, with insights from an IndexBox report. Discover what's in store for this crucial market and what factors will drive its growth in the coming years.
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