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Azerbaijan - Lamp Holders, Plugs and Sockets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAzerbaijan: Lamp Holder Market 2024
Lamp Holder Market Size in Azerbaijan
In 2022, the Azerbaijani lamp holder market decreased by -19.1% to $X, falling for the second consecutive year after four years of growth. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Lamp Holder Production in Azerbaijan
In value terms, lamp holder production stood at $X in 2022 estimated in export price. In general, production saw strong growth. The growth pace was the most rapid in 2014 when the production volume increased by 234%. Lamp holder production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.
Lamp Holder Exports
Exports from Azerbaijan
In 2022, the amount of lamp holders, plugs and sockets exported from Azerbaijan skyrocketed to X tons, growing by 38% on 2021. Over the period under review, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2013 when exports increased by 394% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.
In value terms, lamp holder exports fell significantly to $X in 2022. In general, exports, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2021 with an increase of 397%. As a result, the exports reached the peak of $X, and then declined notably in the following year.
Exports by Country
Russia (X tons) was the main destination for lamp holder exports from Azerbaijan, with a 4.1% share of total exports. Moreover, lamp holder exports to Russia exceeded the volume sent to the second major destination, the UK (X kg), fivefold. Georgia (X kg) ranked third in terms of total exports with a 0.2% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+9.2% per year) and Georgia (-10.6% per year).
In value terms, Russia ($X) remains the key foreign market for lamp holders, plugs and sockets exports from Azerbaijan, comprising 55% of total exports. The second position in the ranking was taken by the UK ($X), with a 14% share of total exports. It was followed by Canada, with a 7.2% share.
From 2012 to 2021, the average annual growth rate of value to Russia totaled +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+44.7% per year) and Canada (+143.5% per year).
Export Prices by Country
The average lamp holder export price stood at $X per ton in 2021, jumping by 202% against the previous year. Overall, the export price enjoyed a perceptible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Georgia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.
Lamp Holder Imports
Imports into Azerbaijan
In 2022, supplies from abroad of lamp holders, plugs and sockets decreased by -65.3% to X tons, falling for the second consecutive year after six years of growth. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 46% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.
In value terms, lamp holder imports fell markedly to $X in 2022. Over the period under review, imports, however, showed notable growth. The pace of growth was the most pronounced in 2016 when imports increased by 70% against the previous year. Imports peaked at $X in 2021, and then fell significantly in the following year.
Imports by Country
China (X tons), Turkey (X tons) and Russia (X tons) were the main suppliers of lamp holder imports to Azerbaijan, with a combined 0.7% share of total imports.
From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +73.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest lamp holder suppliers to Azerbaijan were China ($X), Turkey ($X) and Russia ($X), together accounting for 75% of total imports.
China, with a CAGR of +55.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average lamp holder import price stood at $X per ton in 2021, stabilizing at the previous year. In general, the import price posted resilient growth. The pace of growth appeared the most rapid in 2014 an increase of 143% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-4.0%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the lamp holder 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 27331200 - Lamp-holders for a voltage . 1 kV
- Prodcom 27331310 - Plugs and sockets for coaxial cables for a voltage . 1 kV
- Prodcom 27331330 - Plugs and sockets for printed circuits for a voltage . 1 kV
- Prodcom 27331350 - Plugs and sockets for a voltage . 1 kV (excluding for coaxial cables, for printed circuits)
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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