Azerbaijan - Jacks And Hoists For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingJacks and Hoists Price in Azerbaijan - 2023
Contents:
- Jacks and Hoists Price in Azerbaijan (CIF) - 2022
- Jacks and Hoists Price in Azerbaijan (FOB) - 2022
- Jacks and Hoists Imports in Azerbaijan
- Jacks and Hoists Exports in Azerbaijan
Jacks and Hoists Price in Azerbaijan (CIF) - 2022
The average jacks and hoists import price stood at $179 per unit in 2022, dropping by -18.4% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2013 when the average import price increased by 119%. As a result, import price attained the peak level of $1,301 per unit. From 2014 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 the UK ($740 per unit), while the price for Russia ($31 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-3.4%), while the prices for the other major suppliers experienced a decline.
Jacks and Hoists Price in Azerbaijan (FOB) - 2022
In 2022, the average jacks and hoists export price amounted to $881 per unit, surging by 76% against the previous year. In general, the export price saw significant growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 897%. As a result, the export price reached the peak level of $1,597 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($996 per unit), while the average price for exports to Georgia ($14 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 (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Jacks and Hoists Imports in Azerbaijan
Jacks and hoists imports into Azerbaijan expanded sharply to 3.1K units in 2022, with an increase of 7.6% compared with 2021. The total import volume increased at an average annual rate of +7.7% 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 was the most pronounced in 2020 with an increase of 42%. As a result, imports reached the peak of 3.6K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, jacks and hoists imports contracted to $561K in 2022. Overall, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 66%. As a result, imports attained the peak of $852K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Jacks and Hoists in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.0 | 107 | 72.0 | 171 | 40.2% |
| Turkey | 70.7 | 114 | 45.6 | 161 | 31.6% |
| United Kingdom | 3.0 | 39.2 | 195 | 71.1 | 187.2% |
| United States | 12.5 | 2.8 | 0.1 | 49.4 | 58.1% |
| Germany | 8.7 | 15.1 | 2.3 | 28.1 | 47.8% |
| Russia | 34.5 | 16.3 | 5.2 | 3.9 | -51.6% |
| Hungary | 104 | 372 | 240 | N/A | 51.9% |
| Romania | 41.4 | 42.7 | 5.9 | N/A | -62.2% |
| Others | 176 | 142 | 73.4 | 76.8 | -24.2% |
| Total | 512 | 852 | 639 | 561 | 3.1% |
Top Suppliers of Jacks and Hoists to Azerbaijan in 2022:
- China (1649.0 units)
- Turkey (911.0 units)
- United States (165.0 units)
- Russia (125.0 units)
- Germany (101.0 units)
- United Kingdom (96.0 units)
Jacks and Hoists Exports in Azerbaijan
In 2022, exports of jacks and hoists for raising vehicles from Azerbaijan skyrocketed to 17 units, picking up by 113% against 2021 figures. Overall, exports, however, saw a abrupt downturn. Over the period under review, the exports attained the peak figure at 24 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, jacks and hoists exports surged to $15K in 2022. Over the period under review, exports continue to indicate tangible growth. Over the period under review, the exports attained the maximum at $26K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Jacks and Hoists in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 12.6 | 24.8 | 4.0 | 14.9 | 5.7% |
| Georgia | 0.6 | N/A | N/A | N/A | 0% |
| Turkey | 0.5 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 1.1 | N/A | N/A | 266.7% |
| Total | 14.0 | 25.9 | 4.0 | 15.0 | 2.3% |
Top Export Markets for Jacks and Hoists from Azerbaijan in 2022:
- Norway (15.0 units)
- Turkey (1.0 units)
- Georgia (1.0 units)
This report provides an in-depth analysis of the jacks and hoists 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 28221370 - Jacks and hoists of a kind used for raising vehicles (excluding built-in jacking systems of a kind used in garages, hydraulic jacks and hoists)
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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