Azerbaijan - Vehicles Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Propelled Vehicle Price in Azerbaijan - 2023
Contents:
- Non-Propelled Vehicle Price in Azerbaijan (CIF) - 2022
- Non-Propelled Vehicle Price in Azerbaijan (FOB) - 2022
- Non-Propelled Vehicle Imports in Azerbaijan
- Non-Propelled Vehicle Exports in Azerbaijan
Non-Propelled Vehicle Price in Azerbaijan (CIF) - 2022
In 2022, the average non-propelled vehicle import price amounted to $23 per unit, growing by 12% against the previous year. Overall, the import price saw a prominent expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 152% against the previous year. Over the period under review, average import prices reached the maximum at $30 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($21 per unit), while the price for Finland amounted to $17 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.5%).
Non-Propelled Vehicle Price in Azerbaijan (FOB) - 2022
The average non-propelled vehicle export price stood at $899 per unit in 2022, picking up by 1,250% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,193 per unit), while the average price for exports to Georgia stood at $106 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Propelled Vehicle Imports in Azerbaijan
In 2022, imports of vehicles not mechanically propelled into Azerbaijan declined remarkably to 74K units, shrinking by -24.4% against 2021. Overall, imports continue to indicate a abrupt downturn. The smallest decline of -4.8% was in 2020. Imports peaked at 130K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, non-propelled vehicle imports dropped notably to $1.7M in 2022. In general, imports faced a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 7.5% against the previous year. Imports peaked at $3.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Non-Propelled Vehicle in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,657 | 1,537 | 1,853 | 1,505 | -3.2% |
| Finland | N/A | N/A | N/A | 34.8 | 0% |
| Iran | 52.0 | 67.0 | 30.1 | 9.0 | -44.3% |
| Others | 1,808 | 275 | 137 | 160 | -55.4% |
| Total | 3,517 | 1,879 | 2,019 | 1,709 | -21.4% |
Top Suppliers of Non-Propelled Vehicle to Azerbaijan in 2022:
- Turkey (71.0K units)
- Finland (2.0K units)
- Iran (0.4K units)
Non-Propelled Vehicle Exports in Azerbaijan
For the third consecutive year, Azerbaijan recorded decline in shipments abroad of vehicles not mechanically propelled, which decreased by -36.4% to 7 units in 2022. In general, exports recorded a dramatic descent. The smallest decline of -35.3% was in 2021. The exports peaked at 125 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-propelled vehicle exports soared to $6.5K in 2022. Over the period under review, exports saw a abrupt curtailment. The exports peaked at $9.3K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Non-Propelled Vehicle in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 6.3 | 0% |
| Georgia | 8.8 | 0.1 | N/A | 0.2 | -71.7% |
| Russia | 0.1 | N/A | 0.7 | N/A | 164.6% |
| Democratic Republic of the Congo | N/A | 1.4 | N/A | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 9.3 | 1.5 | 0.7 | 6.5 | -11.3% |
Top Export Markets for Non-Propelled Vehicle from Azerbaijan in 2022:
- France (5.0 units)
- Georgia (2.0 units)
This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys
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
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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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