Report Update: May 1, 2024

Azerbaijan - Bearing Housings Incorporating Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Price for Bearing Housing with Ball Bearing in Azerbaijan - 2023

Price for Bearing Housing with Ball Bearing in Azerbaijan (CIF) - 2022

In 2022, the average import price for bearing housings incorporating ball or roller bearings amounted to $30,400 per ton, rising by 147% against the previous year. Overall, the import price showed noticeable growth. The import price peaked at $55,607 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Brazil ($90,000 per ton), while the price for Ukraine ($4,720 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+24.4%), while the prices for the other major suppliers experienced a decline.

Price for Bearing Housing with Ball Bearing in Azerbaijan (FOB) - 2022

In 2022, the average export price for bearing housings incorporating ball or roller bearings amounted to $3,171 per ton, falling by -41.3% against the previous year. Overall, the export price recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 an increase of 3.8%. Over the period under review, the average export prices attained the maximum at $10,286 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Afghanistan.

From 2014 to 2022, the rate of growth in terms of prices for Georgia amounted to +10.9% per year.

Imports of Bearing Housing with Ball Bearing in Azerbaijan

In 2022, overseas purchases of bearing housings incorporating ball or roller bearings decreased by -45% to 11 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 28%. As a result, imports attained the peak of 22 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, bearing housing with ball bearing imports skyrocketed to $345K in 2022. Overall, imports saw a abrupt descent.

Import of Bearing Housing with Ball Bearing in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	17.6	1.8	8.1	97.3	76.8%
China	10.0	5.0	14.6	83.9	103.2%
Japan	14.6	9.8	16.6	32.5	30.6%
South Korea	59.1	17.1	15.6	22.9	-27.1%
Germany	8.7	3.2	7.0	22.4	37.1%
Turkey	6.6	2.5	5.3	16.9	36.8%
Ukraine	1.8	2.9	3.1	2.6	13.0%
Brazil	194	8.4	2.1	0.1	-92.0%
United Arab Emirates	106	176	96.3	N/A	-4.7%
Others	94.0	40.1	86.0	66.5	-10.9%
Total	513	267	255	345	-12.4%

Top Suppliers of Bearing Housing with Ball Bearing to Azerbaijan in 2022:

Brazil (undefined tons)
China (4.1 tons)
Italy (2.6 tons)
Turkey (1.3 tons)
South Korea (0.9 tons)
Japan (0.7 tons)
Ukraine (0.6 tons)
Germany (0.3 tons)

Exports of Bearing Housing with Ball Bearing in Azerbaijan

In 2022, approx. 7.7 tons of bearing housings incorporating ball or roller bearings were exported from Azerbaijan; picking up by 153,880% compared with the year before. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, bearing housing with ball bearing exports surged to $24K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Bearing Housing with Ball Bearing in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Afghanistan	N/A	N/A	N/A	8.6	0%
Others	0.1	N/A	N/A	15.8	440.6%
Total	0.1	N/A	N/A	24.4	524.9%

Top Export Markets for Bearing Housing with Ball Bearing from Azerbaijan in 2022:

Afghanistan (7.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for bearing housing with ball bearing 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 28152330 - Bearing housings incorporating ball or roller bearings

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023