Azerbaijan - Wheeled Loaders, Crawler Shovel Loaders, Front-End Loaders - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWheeled Loader Price in Azerbaijan - 2023
Contents:
- Wheeled Loader Price in Azerbaijan (CIF) - 2023
- Wheeled Loader Price in Azerbaijan (FOB) - 2022
- Wheeled Loader Imports in Azerbaijan
- Wheeled Loader Exports in Azerbaijan
Wheeled Loader Price in Azerbaijan (CIF) - 2023
In September 2023, the average wheeled loader import price amounted to $51,839 per unit, with an increase of 9.6% against the previous month. Over the period under review, the import price, however, saw a perceptible descent. The pace of growth appeared the most rapid in October 2022 an increase of 37% month-to-month. As a result, import price reached the peak level of $93,890 per unit; afterwards, it flattened through to September 2023.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($71,625 per unit), while the price for China ($49,139 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+23.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Wheeled Loader Price in Azerbaijan (FOB) - 2022
The average wheeled loader export price stood at $3,168 per unit in 2022, reducing by -86.5% against the previous year. Overall, the export price recorded a sharp descent. The most prominent rate of growth was recorded in 2018 an increase of 70% against the previous year. Over the period under review, the average export prices hit record highs at $84,060 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Iraq ($28,186 per unit), while the average price for exports to Russia ($1,909 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 Iran (+85.7%), while the prices for the other major destinations experienced more modest paces of growth.
Wheeled Loader Imports in Azerbaijan
In 2022, approx. 299 units of wheeled loaders, crawler shovel loaders, front-end loaders were imported into Azerbaijan; growing by 23% against 2021. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 136% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, wheeled loader imports skyrocketed to $22M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 204%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Wheeled Loader in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.7 | 3.5 | 10.4 | 10.2 | 55.7% |
Turkey | 1.6 | 0.9 | 2.5 | 5.5 | 50.9% |
United Kingdom | 0.9 | 0.2 | N/A | 2.3 | 36.7% |
India | 0.6 | 0.2 | 0.2 | 1.3 | 29.4% |
South Korea | 0.5 | N/A | 0.4 | 1.3 | 37.5% |
Japan | 0.1 | 0.4 | 3.6 | 0.6 | 81.7% |
United States | 0.1 | 0.2 | N/A | 0.3 | 44.2% |
Others | 0.5 | 0.5 | 1.2 | 0.5 | 0.0% |
Total | 7.0 | 6.0 | 18.3 | 21.9 | 46.3% |
Top Suppliers of Wheeled Loader to Azerbaijan in 2022:
- China (132.0 units)
- Turkey (71.0 units)
- United Kingdom (33.0 units)
- India (27.0 units)
- South Korea (16.0 units)
- United States (6.0 units)
- Japan (6.0 units)
Wheeled Loader Exports in Azerbaijan
Wheeled loader exports from Azerbaijan skyrocketed to 79 units in 2022, increasing by 778% on the previous year's figure. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wheeled loader exports surged to $251K in 2022. Overall, exports posted a mild increase. The growth pace was the most rapid in 2020 when exports increased by 100% against the previous year. As a result, the exports attained the peak of $484K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Wheeled Loader in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | 4.3 | 143 | 3225.6% |
Turkey | N/A | 19.7 | 20.0 | 80.0 | 101.5% |
Kazakhstan | N/A | N/A | 43.6 | N/A | 0% |
Georgia | 76.9 | 334 | 137 | N/A | 33.5% |
Others | 165 | 130 | N/A | 28.2 | -44.5% |
Total | 242 | 484 | 205 | 251 | 1.2% |
Top Export Markets for Wheeled Loader from Azerbaijan in 2022:
- Russia (75.0 units)
- Turkey (3.0 units)
This report provides an in-depth analysis of the wheeled loader market 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 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
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
-
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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