Azerbaijan - Belts And Bandoliers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelt and Bandolier Price in Azerbaijan - 2023
Contents:
- Belt and Bandolier Price in Azerbaijan (CIF) - 2022
- Belt and Bandolier Price in Azerbaijan (FOB) - 2022
- Belt and Bandolier Imports in Azerbaijan
- Belt and Bandolier Exports in Azerbaijan
Belt and Bandolier Price in Azerbaijan (CIF) - 2022
The average belt and bandolier import price stood at $3.7 per unit in 2022, growing by 26% against the previous year. Overall, the import price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the maximum at $7.3 per unit in 2013; however, from 2014 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 Italy ($21 per unit), while the price for Russia ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Belt and Bandolier Price in Azerbaijan (FOB) - 2022
The average belt and bandolier export price stood at $60 per unit in 2022, picking up by 3,410% against the previous year. Overall, the export price enjoyed a strong increase. Over the period under review, the average export prices hit record highs at $93 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 Russia ($71 per unit), while the average price for exports to Turkey ($20 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.
Belt and Bandolier Imports in Azerbaijan
In 2022, belt and bandolier imports into Azerbaijan reduced to 404K units, waning by -5.6% against the previous year's figure. Over the period under review, imports continue to indicate a sharp setback. Over the period under review, imports hit record highs at 950K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, belt and bandolier imports skyrocketed to $1.5M in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Imports peaked at $1.5M in 2019; afterwards, it flattened through to 2022.
| Import of Belt and Bandolier in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 427 | 378 | 387 | 458 | 2.4% |
| China | 568 | 298 | 331 | 446 | -7.7% |
| Turkey | 300 | 231 | 419 | 410 | 11.0% |
| Russia | 4.1 | 0.4 | 2.6 | 31.9 | 98.2% |
| Iran | 72.5 | 16.8 | 20.0 | 20.0 | -34.9% |
| Others | 136 | 91.5 | 95.3 | 129 | -1.7% |
| Total | 1,508 | 1,015 | 1,255 | 1,494 | -0.3% |
Top Suppliers of Belt and Bandolier to Azerbaijan in 2022:
- Turkey (154.3K units)
- China (145.7K units)
- Russia (64.5K units)
- Italy (22.2K units)
- Iran (4.2K units)
Belt and Bandolier Exports in Azerbaijan
After three years of growth, shipments abroad of belts and bandoliers decreased by -97.3% to 54 units in 2022. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 522% against the previous year. The exports peaked at 2K units in 2021, and then reduced notably in the following year.
In value terms, belt and bandolier exports dropped slightly to $3.2K in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 102%. As a result, the exports reached the peak of $3.4K, and then reduced modestly in the following year.
| Export of Belt and Bandolier in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 1,820 | 1,350 | -25.8% |
| Italy | 847 | N/A | N/A | 1,123 | 9.9% |
| Spain | 601 | N/A | 198 | 685 | 4.5% |
| Turkey | N/A | 255 | N/A | 80.0 | -44.0% |
| Jordan | N/A | 1,385 | 1,370 | N/A | -1.1% |
| Others | 33.0 | 41.0 | N/A | N/A | 24.2% |
| Total | 1,481 | 1,681 | 3,388 | 3,238 | 29.8% |
Top Export Markets for Belt and Bandolier from Azerbaijan in 2022:
- Italy (21.0 units)
- Russia (19.0 units)
- Spain (10.0 units)
- Turkey (4.0 units)
This report provides an in-depth analysis of the belt and bandolier 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 14193180 - Belts and bandoliers, of leather or composition leather
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.
-
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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