Azerbaijan - Base Metal Hooks, Eyes And Eyelets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Azerbaijan - Base Metal Hooks, Eyes And Eyelets - Market Analysis, Forecast, Size, Trends And Insights

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Base Metal Hook Price in Azerbaijan - 2023

Contents:

  1. Base Metal Hook Price in Azerbaijan (CIF) - 2022
  2. Base Metal Hook Price in Azerbaijan (FOB) - 2022
  3. Base Metal Hook Imports in Azerbaijan
  4. Base Metal Hook Exports in Azerbaijan

Base Metal Hook Price in Azerbaijan (CIF) - 2022

In 2022, the average base metal hook import price amounted to $4,656 per ton, with a decrease of -26.8% against the previous year. In general, the import price showed a abrupt decrease. The growth pace was the most rapid in 2021 when the average import price increased by 109%. The import price peaked at $17,874 per ton in 2014; however, from 2015 to 2022, import prices stood 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 ($5,721 per ton), while the price for Iran ($2,984 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+109.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Base Metal Hook Price in Azerbaijan (FOB) - 2022

The average base metal hook export price stood at $297,000 per ton in 2022, rising by 2,165% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +13.8% per year.

Base Metal Hook Imports in Azerbaijan

In 2022, imports of base metal hooks, eyes and eyelets into Azerbaijan soared to 24 tons, rising by 96% on 2021 figures. Overall, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 124% against the previous year. As a result, imports reached the peak of 46 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, base metal hook imports skyrocketed to $112K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 76%. As a result, imports reached the peak of $139K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Base Metal Hook in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China50.379.925.049.7-0.4%
Turkey1.618.532.148.9212.7%
Others27.040.721.013.3-21.0%
Total79.013978.111212.3%

Top Suppliers of Base Metal Hook to Azerbaijan in 2022:

  1. China (14.8 tons)
  2. Turkey (8.5 tons)

Base Metal Hook Exports in Azerbaijan

In 2022, after three years of growth, there was significant decline in shipments abroad of base metal hooks, eyes and eyelets, when their volume decreased by -83.3% to 3 kg. Over the period under review, exports recorded a significant decrease. The growth pace was the most rapid in 2020 with an increase of 100% against the previous year.

In value terms, base metal hook exports surged to $891 in 2022. Overall, exports, however, recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Base Metal Hook in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A8910%
Spain12.0N/AN/AN/A0%
LebanonN/AN/A50.0N/A0%
Georgia42.0145186N/A110.4%
OthersN/AN/AN/AN/A0%
Total54.0145236891154.6%

Top Export Markets for Base Metal Hook from Azerbaijan in 2022:

  1. Italy (3.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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