Azerbaijan - Non-Household Ventilation Fans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Household Fan Price in Azerbaijan - 2023
Contents:
- Non-Household Fan Price in Azerbaijan (CIF) - 2022
- Non-Household Fan Price in Azerbaijan (FOB) - 2022
- Non-Household Fan Imports in Azerbaijan
- Non-Household Fan Exports in Azerbaijan
Non-Household Fan Price in Azerbaijan (CIF) - 2022
In 2022, the average non-household fan import price amounted to $54 per unit, reducing by -9.6% against the previous year. Over the period under review, the import price showed a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 91%. Over the period under review, average import prices attained the peak figure at $450 per unit in 2014; however, from 2015 to 2022, 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 Germany ($318 per unit), while the price for China ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Household Fan Price in Azerbaijan (FOB) - 2022
In 2022, the average non-household fan export price amounted to $601 per unit, shrinking by -14.6% against the previous year. Overall, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 3,627%. As a result, the export price attained the peak level of $10,306 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,696 per unit), while the average price for exports to Kazakhstan ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+68.1%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Household Fan Imports in Azerbaijan
Non-household fan imports into Azerbaijan shrank remarkably to 149K units in 2022, with a decrease of -15.7% against the previous year. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 61%. As a result, imports reached the peak of 177K units, and then declined rapidly in the following year.
In value terms, non-household fan imports dropped notably to $8.1M in 2022. Over the period under review, imports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, imports attained the peak of $11M, and then reduced notably in the following year.
Import of Non-Household Fan in Azerbaijan (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 2,461 | 1,816 | 2,045 | 2,824 | 4.7% |
China | 586 | 618 | 1,251 | 1,045 | 21.3% |
Germany | 532 | 727 | 433 | 874 | 18.0% |
Russia | 631 | 1,150 | 122 | 674 | 2.2% |
Ukraine | 302 | 244 | 310 | 383 | 8.2% |
India | 0.1 | 3.3 | 0.6 | 379 | 1459.1% |
Iran | 491 | 169 | 137 | 168 | -30.1% |
United Arab Emirates | 914 | 1,580 | 1,483 | 0.6 | -91.3% |
Others | 2,792 | 2,358 | 4,899 | 1,791 | -13.8% |
Total | 8,709 | 8,665 | 10,681 | 8,138 | -2.2% |
Top Suppliers of Non-Household Fan to Azerbaijan in 2022:
- United Arab Emirates (undefinedK units)
- China (86.4K units)
- Turkey (31.0K units)
- Iran (13.7K units)
- Ukraine (3.7K units)
- Russia (3.6K units)
- India (2.9K units)
- Germany (2.8K units)
Non-Household Fan Exports in Azerbaijan
After three years of growth, overseas shipments of non-household ventilation fans decreased by -67.4% to 63 units in 2022. In general, exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 141%. As a result, the exports reached the peak of 193 units, and then declined sharply in the following year.
In value terms, non-household fan exports contracted dramatically to $38K in 2022. Over the period under review, exports, however, showed a resilient increase. The growth pace was the most rapid in 2020 with an increase of 593% against the previous year. As a result, the exports attained the peak of $179K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Non-Household Fan in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 5.0 | 3.1 | 39.1 | 9.4 | 23.4% |
Italy | 9.3 | N/A | 2.3 | 5.3 | -17.1% |
Denmark | N/A | N/A | N/A | 5.1 | 0% |
Luxembourg | 0.9 | 4.2 | 5.8 | 4.6 | 72.3% |
Russia | N/A | 109 | 10.3 | 3.7 | -81.6% |
Hong Kong SAR | 1.1 | 6.9 | 1.8 | 3.3 | 44.2% |
Netherlands | 2.2 | 0.3 | 1.7 | 1.3 | -16.1% |
Georgia | N/A | N/A | 3.9 | 0.8 | -79.5% |
Germany | 4.6 | 5.6 | N/A | 0.5 | -52.3% |
Belarus | N/A | 0.2 | N/A | 0.4 | 41.4% |
Kazakhstan | 0.5 | N/A | N/A | N/A | 0% |
Cuba | N/A | N/A | 0.1 | N/A | 0% |
United States | N/A | 45.1 | 69.6 | N/A | 54.3% |
Others | 2.3 | 5.5 | 1.1 | 3.6 | 16.1% |
Total | 25.9 | 179 | 136 | 37.9 | 13.5% |
Top Export Markets for Non-Household Fan from Azerbaijan in 2022:
- United Kingdom (16.0 units)
- Luxembourg (11.0 units)
- Hong Kong SAR (7.0 units)
- Italy (6.0 units)
- Netherlands (4.0 units)
- Kazakhstan (4.0 units)
- Georgia (3.0 units)
- Denmark (2.0 units)
- Belarus (2.0 units)
- Germany (1.0 units)
- Russia (1.0 units)
This report provides an in-depth analysis of the non-household fan 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 28252030 - Axial fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output . .125 W)
- Prodcom 28252050 - Centrifugal fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output. .125 W)
- Prodcom 28252070 - Fans (excluding table, floor, wall, ceiling or roof fans with a self-contained electric motor of an output . .125 W, axial fans, c entrifugal fans)
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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