Lamps; Arc-Lamps Price in Azerbaijan - 2023

Lamps; Arc-Lamps Price in Azerbaijan (CIF) - 2022

In 2022, the average lamps; arc-lamps import price amounted to $106 per unit, increasing by 18% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lamps; arc-lamps import price increased by +56.1% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 83% against the previous year. Over the period under review, average import prices reached the peak figure at $128 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($208 per unit), while the price for Germany ($61 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Lamps; Arc-Lamps Price in Azerbaijan (FOB) - 2022

In 2022, the average lamps; arc-lamps export price amounted to $221 per unit, picking up by 66% against the previous year. In general, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($349 per unit), while the average price for exports to the United States stood at $158 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Lamps; Arc-Lamps Imports in Azerbaijan

After two years of decline, overseas purchases of lamps; arc-lampses increased by 228% to 4K units in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lamps; arc-lamps imports surged to $425K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lamps; Arc-Lamps in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	0.3	2.3	7.9	168	724.3%
Germany	82.7	43.0	43.8	122	13.8%
United Kingdom	17.1	23.9	33.0	66.6	57.3%
Indonesia	N/A	N/A	N/A	17.7	0%
Turkey	83.7	40.2	1.0	0.2	-86.6%
Others	22.2	11.5	23.8	50.4	31.4%
Total	206	121	110	425	27.3%

Top Suppliers of Lamps; Arc-Lamps to Azerbaijan in 2022:

Germany (2014.0 units)
United States (1334.0 units)
United Kingdom (480.0 units)
Indonesia (93.0 units)
Turkey (1.0 units)

Lamps; Arc-Lamps Exports in Azerbaijan

In 2022, lamps; arc-lamps exports from Azerbaijan was estimated at 6 units, remaining stable against 2021. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, lamps; arc-lamps exports skyrocketed to $1.3K in 2022. Overall, total exports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +66.4% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.