Azerbaijan - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNails and Tacks Price in Azerbaijan - 2023
Contents:
- Nails and Tacks Price in Azerbaijan (CIF) - 2022
- Nails and Tacks Price in Azerbaijan (FOB) - 2022
- Nails and Tacks Imports in Azerbaijan
- Nails and Tacks Exports in Azerbaijan
Nails and Tacks Price in Azerbaijan (CIF) - 2022
The average nails and tacks import price stood at $1,577 per ton in 2022, increasing by 4% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nails and tacks import price increased by +21.6% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 45%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 Turkey ($2,155 per ton), while the price for Iran ($1,100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+15.1%), while the prices for the other major suppliers experienced a decline.
Nails and Tacks Price in Azerbaijan (FOB) - 2022
The average nails and tacks export price stood at $2,000 per ton in 2022, approximately equating the previous year. In general, the export price enjoyed a pronounced increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 631%. Over the period under review, the average export prices attained the maximum at $12,600 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
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 +4.2% per year.
Nails and Tacks Imports in Azerbaijan
In 2022, the amount of nails, tacks, drawing pins, corrugated nails, staples imported into Azerbaijan expanded significantly to 559 tons, increasing by 11% on 2021. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, nails and tacks imports skyrocketed to $882K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.5% 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 increased by +46.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
Import of Nails and Tacks in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 217 | 226 | 267 | 339 | 16.0% |
Iran | 140 | 183 | 181 | 309 | 30.2% |
Turkey | 115 | 138 | 206 | 207 | 21.6% |
Others | 131 | 90.2 | 112 | 27.4 | -40.6% |
Total | 603 | 636 | 766 | 882 | 13.5% |
Top Suppliers of Nails and Tacks to Azerbaijan in 2022:
- Iran (280.8 tons)
- China (178.0 tons)
- Turkey (96.0 tons)
Nails and Tacks Exports in Azerbaijan
For the third year in a row, Azerbaijan recorded decline in overseas shipments of nails, tacks, drawing pins, corrugated nails, staples, which decreased by -75% to 1 kg in 2022. In general, exports saw a sharp reduction. The smallest decline of -50% was in 2021.
In value terms, nails and tacks exports contracted dramatically to $2 in 2022. Overall, exports faced a dramatic shrinkage. The smallest decline of -20% was in 2021.
Export of Nails and Tacks in Azerbaijan (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Georgia | 37.0 | 10.0 | 6.0 | 2.0 | -62.2% |
Uzbekistan | 16.0 | N/A | N/A | N/A | 0% |
United Kingdom | N/A | N/A | 2.0 | N/A | 0% |
Canada | 25.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 78.0 | 10.0 | 8.0 | 2.0 | -70.5% |
Top Export Markets for Nails and Tacks from Azerbaijan in 2022:
- Georgia (1.0 kg)
This report provides an in-depth analysis of the nails and tacks 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 25931400 - Nails, tacks, drawing pins, corrugated nails, staples (other than those of HS
- Prodcom 25992330 - Base metal fittings for loose-leaf binders or files
- Prodcom 25992350 - Base metal staples in strips for use in offices, upholstery and packaging
- Prodcom 25992370 - Office articles such as letter clips, letter corners... of base metal
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
This report provides an in-depth analysis of the nails and tacks market in Azerbaijan.
This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in Azerbaijan.
This report provides an in-depth analysis of the office metal staple market in Azerbaijan.
This report provides an in-depth analysis of the metal letter clip market in Azerbaijan.
This report provides an in-depth analysis of the global nails and tacks market.
This report provides an in-depth analysis of the global market for loose-leaf binder metal fitting.
This report provides an in-depth analysis of the global office metal staple market.
This report provides an in-depth analysis of the global metal letter clip market.
This report provides an in-depth analysis of the nails and tacks market in Azerbaijan.
This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in Azerbaijan.
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