Azerbaijan - Granite Blocks And Slabs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGranite Block Price in Azerbaijan - 2023
Contents:
- Granite Block Price in Azerbaijan (CIF) - 2022
- Granite Block Price in Azerbaijan (FOB) - 2022
- Granite Block Imports in Azerbaijan
- Granite Block Exports in Azerbaijan
Granite Block Price in Azerbaijan (CIF) - 2022
The average granite block import price stood at $1,784 per ton in 2022, picking up by 412% against the previous year. In general, the import price continues to indicate a significant increase. 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 South Africa ($2,796 per ton), while the price for Russia ($820 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Granite Block Price in Azerbaijan (FOB) - 2022
The average granite block export price stood at $427 per ton in 2022, falling by -2% against the previous year. Overall, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 62% against the previous year. As a result, the export price attained the peak level of $450 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +10.9% per year.
Granite Block Imports in Azerbaijan
In 2022, purchases abroad of granite blocks and slabs decreased by -4% to 280 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 33%. As a result, imports attained the peak of 311 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, granite block imports soared to $500K in 2022. In general, imports, however, continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Granite Block in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.5 | 4.5 | 43.0 | 143 | 244.4% |
| Zimbabwe | 40.8 | 41.0 | 16.8 | 128 | 46.4% |
| Iran | 2.1 | 1.8 | 6.4 | 51.8 | 191.1% |
| United Arab Emirates | 12.3 | 12.8 | 13.8 | 45.1 | 54.2% |
| South Africa | N/A | N/A | N/A | 29.8 | 0% |
| Pakistan | 1.9 | 8.6 | 8.2 | 26.9 | 141.9% |
| Russia | 3.9 | 9.5 | 2.2 | 17.1 | 63.7% |
| Others | 10.5 | 12.0 | 11.4 | 58.9 | 77.7% |
| Total | 75.1 | 90.2 | 102 | 500 | 88.1% |
Top Suppliers of Granite Block to Azerbaijan in 2022:
- Zimbabwe (74.6 tons)
- India (69.3 tons)
- Iran (45.3 tons)
- Russia (20.9 tons)
- United Arab Emirates (19.1 tons)
- Pakistan (15.0 tons)
- South Africa (10.7 tons)
Granite Block Exports in Azerbaijan
In 2022, the amount of granite blocks and slabs exported from Azerbaijan reduced to 52 tons, which is down by -6.1% on 2021 figures. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 14%.
In value terms, granite block exports dropped to $22K in 2022. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 19%.
| Export of Granite Block in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 28.0 | 20.3 | 24.2 | 22.2 | -7.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.0 | 20.3 | 24.2 | 22.2 | -7.4% |
Top Export Markets for Granite Block from Azerbaijan in 2022:
- Georgia (52.1 tons)
This report provides an in-depth analysis of the granite block 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 08111236 - Granite merely cut into rectangular (including square) blocks or slabs
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
-
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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