Azerbaijan - Granite (Crude) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Granite Price in Azerbaijan - 2023
Contents:
- Crude Granite Price in Azerbaijan (CIF) - 2022
- Crude Granite Price in Azerbaijan (FOB) - 2022
- Crude Granite Imports in Azerbaijan
- Crude Granite Exports in Azerbaijan
Crude Granite Price in Azerbaijan (CIF) - 2022
The average crude granite import price stood at $250 per ton in 2022, with an increase of 109% against the previous year. Overall, the import price showed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($362 per ton), while the price for China ($127 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+111.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Crude Granite Price in Azerbaijan (FOB) - 2022
The average crude granite export price stood at $2,150 per ton in 2022, growing by 49% against the previous year. In general, the export price showed significant growth. The pace of growth was the most pronounced in 2018 an increase of 297%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3,026 per ton), while the average price for exports to the UK totaled $2,004 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+53.3%).
Crude Granite Imports in Azerbaijan
In 2022, approx. 1.3K tons of granite (crude) were imported into Azerbaijan; dropping by -76.4% against 2021 figures. Over the period under review, imports showed a precipitous decrease. The growth pace was the most rapid in 2021 when imports increased by 267% against the previous year. As a result, imports reached the peak of 5.5K tons, and then declined rapidly in the following year.
In value terms, crude granite imports shrank significantly to $323K in 2022. Overall, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 243%. As a result, imports reached the peak of $654K, and then shrank rapidly in the following year.
| Import of Crude Granite in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | N/A | N/A | 325 | 158 | -51.4% |
| China | 64.5 | 50.5 | 81.9 | 59.3 | -2.8% |
| Ukraine | 322 | 100 | 165 | 42.1 | -49.2% |
| Russia | 18.6 | 13.7 | 47.2 | 34.0 | 22.3% |
| Iran | 4.8 | 4.2 | 7.6 | 15.1 | 46.5% |
| India | 7.9 | 10.8 | 15.0 | 9.2 | 5.2% |
| Turkey | 9.5 | 11.3 | 12.3 | 4.6 | -21.5% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 427 | 191 | 654 | 323 | -8.9% |
Top Suppliers of Crude Granite to Azerbaijan in 2022:
- China (466.3 tons)
- Zimbabwe (445.4 tons)
- Russia (169.5 tons)
- Ukraine (116.4 tons)
- Iran (47.7 tons)
- India (36.9 tons)
- Turkey (10.7 tons)
Crude Granite Exports in Azerbaijan
In 2022, the amount of granite (crude) exported from Azerbaijan reduced rapidly to 140 kg, shrinking by -64.1% compared with 2021. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year.
In value terms, crude granite exports fell remarkably to $301 in 2022. Over the period under review, exports saw a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 29%.
| Export of Crude Granite in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Kingdom | 434 | 229 | -47.2% | ||
| Belgium | 127 | 36.0 | -71.7% | ||
| Others | N/A | 36.0 | 0% | ||
| Total | 561 | 301 | -46.3% | ||
Top Export Markets for Crude Granite from Azerbaijan in 2022:
- United Kingdom (114.0 kg)
- Belgium (12.0 kg)
This report provides an in-depth analysis of the crude granite 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 08111233 - Granite, crude or roughly trimmed
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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