Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan - 2024

Contents:

  1. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan (CIF) - 2022
  2. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan (FOB) - 2022
  3. Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan
  4. Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan (CIF) - 2022

In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $0.5 per unit, increasing by 35% against the previous year. Overall, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of 80% against the previous year. As a result, import price attained the peak level of $1.5 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($0.7 per unit), while the price for China stood at $0.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%).

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan (FOB) - 2022

In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $9.3 per unit, surging by 16% against the previous year. In general, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2021 an increase of 22%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($9.3 per unit), while the average price for exports to Georgia ($4 per unit) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+222.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan

In 2022, supplies from abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -9.3% to 342K units, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 84%. As a result, imports attained the peak of 403K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s skyrocketed to $157K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.5% 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 +88.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China61.011510911021.7%
Turkey8.911.36.56.6-9.5%
Others13.28.212.740.545.3%
Total83.113412815723.6%

Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Azerbaijan in 2022:

  1. China (327.0K units)
  2. Turkey (9.9K units)

Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan

In 2022, approx. 260 units of blades; cutting, serrated or not, excluding those of heading no. 8208s were exported from Azerbaijan; with an increase of 38% against 2021 figures. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,109%. As a result, the exports reached the peak of 773 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s soared to $2.4K in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,440% against the previous year. As a result, the exports reached the peak of $5.1K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A2,3840%
FranceN/AN/A46.011.0-76.1%
Georgia12.013.07.04.0-30.7%
Norway116N/A1,440N/A252.3%
TurkeyN/A4,989N/AN/A0%
Others71.053.07.010.0-48.0%
Total1995,0551,5002,409129.6%

Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Azerbaijan in 2022:

  1. Russia (255.0 units)
  2. France (2.0 units)
  3. Georgia (1.0 units)

Source: IndexBox Market Intelligence Platform

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