Cranes; Tower Cranes Price in Azerbaijan - 2023
Contents:
- Cranes; Tower Cranes Price in Azerbaijan (CIF) - 2022
- Cranes; Tower Cranes Price in Azerbaijan (FOB) - 2022
- Cranes; Tower Cranes Imports in Azerbaijan
- Cranes; Tower Cranes Exports in Azerbaijan
Cranes; Tower Cranes Price in Azerbaijan (CIF) - 2022
In 2022, the average cranes; tower cranes import price amounted to $74,400 per unit, rising by 5.3% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth was the most pronounced in 2015 an increase of 147% against the previous year. As a result, import price reached the peak level of $83,590 per unit. From 2016 to 2022, the average import prices remained at a 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 Germany ($218,696 per unit), while the price for Italy ($32,324 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+28.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Cranes; Tower Cranes Price in Azerbaijan (FOB) - 2022
In 2022, the average cranes; tower cranes export price amounted to $21,788 per unit, shrinking by -28.3% against the previous year. In general, the export price showed a noticeable downturn. The pace of growth appeared the most rapid in 2020 an increase of 143% against the previous year. Over the period under review, the average export prices reached the peak figure at $56,394 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($28,339 per unit), while the average price for exports to Georgia stood at $4,475 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+94.1%), while the prices for the other major destinations experienced a decline.
Cranes; Tower Cranes Imports in Azerbaijan
Cranes; tower cranes imports into Azerbaijan dropped markedly to 11 units in 2022, waning by -21.4% against the year before. Overall, imports saw a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. Imports peaked at 45 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, cranes; tower cranes imports dropped rapidly to $832K in 2022. In general, imports showed a sharp slump. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, imports reached the maximum at $3.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Cranes; Tower Cranes in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 34.3 | 6.5 | 330 | 282 | 101.8% |
Georgia | 343 | 128 | 182 | 186 | -18.5% |
China | 740 | 113 | 72.4 | 136 | -43.1% |
Italy | 777 | 87.8 | 82.0 | 134 | -44.3% |
Turkey | 1,265 | 297 | 240 | 59.1 | -64.0% |
Spain | 150 | 42.7 | 46.3 | 35.9 | -37.9% |
United States | 120 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 36.5 | N/A | 0% |
Total | 3,430 | 675 | 989 | 832 | -37.6% |
Top Suppliers of Cranes; Tower Cranes to Azerbaijan in 2022:
- Italy (4.0 units)
- Turkey (2.0 units)
- Georgia (2.0 units)
- China (2.0 units)
- Germany (1.0 units)
Cranes; Tower Cranes Exports in Azerbaijan
Cranes; tower cranes exports from Azerbaijan skyrocketed to 3 units in 2022, increasing by 50% on 2021 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 100%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, cranes; tower cranes exports dropped modestly to $60K in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 0.1%. The exports peaked at $60K in 2021, and then reduced in the following year.
Export of Cranes; Tower Cranes in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 46.9 | 56.8 | 56.8 | 56.7 | 6.5% |
Georgia | 2.6 | 3.3 | 3.3 | 3.4 | 9.4% |
Turkmenistan | 10.5 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 60.0 | 60.0 | 60.1 | 60.1 | 0.1% |
Top Export Markets for Cranes; Tower Cranes from Azerbaijan in 2022:
- Russia (2.0 units)
- Georgia (1.0 units)
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