Azerbaijan - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in Azerbaijan - 2023
Contents:
- Plastic Furniture Fittings Price in Azerbaijan (CIF) - 2023
- Plastic Furniture Fittings Price in Azerbaijan (FOB) - 2022
- Plastic Furniture Fittings Imports in Azerbaijan
- Plastic Furniture Fittings Exports in Azerbaijan
Plastic Furniture Fittings Price in Azerbaijan (CIF) - 2023
The average plastic furniture fittings import price stood at $10,476 per ton in July 2023, with an increase of 91% against the previous month. Over the period under review, the import price saw a pronounced increase. The import price peaked at $10,855 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($26,236 per ton), while the price for Uzbekistan ($1,994 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Price in Azerbaijan (FOB) - 2022
The average plastic furniture fittings export price stood at $21,812 per ton in 2022, surging by 56% against the previous year. Overall, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 an increase of 76% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($53,696 per ton), while the average price for exports to Austria ($9,904 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+17.8%).
Plastic Furniture Fittings Imports in Azerbaijan
Plastic furniture fittings imports into Azerbaijan contracted significantly to 324 tons in 2022, which is down by -32.6% on the year before. In general, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 99% against the previous year. As a result, imports reached the peak of 481 tons, and then contracted notably in the following year.
In value terms, plastic furniture fittings imports fell markedly to $1.6M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 +31.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. As a result, imports attained the peak of $2.1M, and then contracted remarkably in the following year.
Import of Plastic Furniture Fittings in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 358 | 547 | 954 | 694 | 24.7% |
China | 454 | 343 | 517 | 378 | -5.9% |
Iran | 13.6 | 1.3 | 130 | 177 | 135.2% |
Russia | 59.8 | 45.1 | 88.7 | 61.6 | 1.0% |
Poland | 19.5 | 33.3 | 16.0 | 45.9 | 33.0% |
Germany | 78.2 | 56.8 | 43.5 | 30.2 | -27.2% |
United Arab Emirates | 66.4 | 94.1 | 97.9 | N/A | 21.4% |
Others | 202 | 192 | 252 | 256 | 8.2% |
Total | 1,251 | 1,313 | 2,099 | 1,643 | 9.5% |
Top Suppliers of Plastic Furniture Fittings to Azerbaijan in 2022:
- United Arab Emirates (undefined tons)
- Turkey (136.3 tons)
- Iran (90.3 tons)
- China (58.9 tons)
- Russia (15.3 tons)
- Poland (8.7 tons)
- Germany (5.9 tons)
Plastic Furniture Fittings Exports in Azerbaijan
In 2022, plastic furniture fittings exports from Azerbaijan soared to 513 kg, rising by 17,000% against 2021 figures. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic furniture fittings exports surged to $11K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Plastic Furniture Fittings in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | N/A | 6.8 | 0% |
Georgia | 0.6 | 0.3 | N/A | 3.0 | 71.0% |
Austria | N/A | N/A | N/A | 1.3 | 0% |
Ukraine | 0.4 | 1.8 | N/A | N/A | 350.0% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 1.0 | 2.1 | N/A | 11.2 | 123.7% |
Top Export Markets for Plastic Furniture Fittings from Azerbaijan in 2022:
- Georgia (256.0 kg)
- Austria (130.0 kg)
- Russia (127.0 kg)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like
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
This report provides an in-depth analysis of the plastic furniture fittings market in Azerbaijan.
This report provides an in-depth analysis of the office supply market in Azerbaijan.
This report provides an in-depth analysis of the plastic ornamental articles market in Azerbaijan.
This report provides an in-depth analysis of the global plastic furniture fittings market.
This report provides an in-depth analysis of the global office supply market.
This report provides an in-depth analysis of the global plastic ornamental articles market.
This report provides an in-depth analysis of the plastic furniture fittings market in Azerbaijan.
This report provides an in-depth analysis of the office supply market in Azerbaijan.
This report provides an in-depth analysis of the plastic ornamental articles market in Azerbaijan.
This report provides an in-depth analysis of the global plastic furniture fittings market.
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