Report Update: Apr 1, 2024

Azerbaijan - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Direction Finding Compass Price in Azerbaijan - 2023

Direction Finding Compass Price in Azerbaijan (CIF) - 2022

In 2022, the average direction finding compass import price amounted to $17 per unit, dropping by -49.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 390% against the previous year. As a result, import price reached the peak level of $196 per unit. From 2015 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 France ($1,281 per unit), while the price for China ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Direction Finding Compass Price in Azerbaijan (FOB) - 2022

In 2022, the average direction finding compass export price amounted to $8.3 per unit, reducing by -98.8% against the previous year. In general, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 an increase of 1,854% against the previous year. The export price peaked at $671 per unit in 2021, and then declined notably in the following year.

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 the UK ($850 per unit), while the average price for exports to Luxembourg totaled $10 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.0%).

Direction Finding Compass Imports in Azerbaijan

In 2022, the amount of direction finding compasses imported into Azerbaijan skyrocketed to 35K units, increasing by 50% on 2021 figures. In general, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports reached the peak figure at 53K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, direction finding compass imports contracted sharply to $590K in 2022. Over the period under review, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 147% against the previous year. As a result, imports attained the peak of $774K, and then contracted notably in the following year.

Import of Direction Finding Compass in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	57.4	89.5	231	185	47.7%
Russia	1.5	N/A	N/A	93.1	295.9%
Germany	61.6	67.8	251	29.2	-22.0%
United Kingdom	21.8	23.2	2.6	24.4	3.8%
China	13.2	2.2	5.4	24.2	22.4%
United States	103	26.9	7.7	15.0	-47.4%
Japan	N/A	18.8	18.3	9.7	-28.2%
Poland	30.0	34.2	N/A	0.1	-85.1%
Bulgaria	18.9	9.1	N/A	N/A	-51.9%
Denmark	41.4	N/A	254	N/A	147.7%
South Korea	34.7	34.1	N/A	N/A	-1.7%
United Arab Emirates	31.0	N/A	0.4	N/A	-88.6%
Others	0.3	8.2	3.2	209	786.5%
Total	415	314	774	590	12.4%

Top Suppliers of Direction Finding Compass to Azerbaijan in 2022:

Poland (undefinedK units)
China (0.9K units)
Russia (0.4K units)
United States (0.1K units)
Japan (0.1K units)
France (0.1K units)
United Kingdom (0.1K units)
Germany (0.1K units)

Direction Finding Compass Exports in Azerbaijan

In 2022, shipments abroad of direction finding compasses decreased by -79.1% to 72 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a dramatic decline. Over the period under review, the exports attained the maximum at 345 units in 2021, and then declined remarkably in the following year.

In value terms, direction finding compass exports shrank markedly to $595 in 2022. Overall, exports showed a precipitous shrinkage. The exports peaked at $232K in 2021, and then dropped remarkably in the following year.

Export of Direction Finding Compass in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	6.2	N/A	231	0.3	-63.6%
Luxembourg	N/A	N/A	N/A	0.3	0%
Others	N/A	N/A	0.2	N/A	0%
Total	6.2	N/A	232	0.6	-54.1%

Top Export Markets for Direction Finding Compass from Azerbaijan in 2022:

Luxembourg (24.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the direction finding compass 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 26511120 - Direction finding compasses (including magnetic, gyroscopic, b innacle and position finding)

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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