Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan (CIF) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan (CIF) - 2022
In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $69 per unit, rising by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 64% against the previous year. As a result, import price attained the peak level of $525 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($362 per unit), while the price for China ($28 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan (FOB) - 2022
In 2022, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $117 per unit, which is down by -67.7% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 96% against the previous year. Over the period under review, the average export prices reached the maximum at $623 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +12.9% per year.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan
In 2022, supplies from abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -26.9% to 51K units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 116% against the previous year. As a result, imports attained the peak of 80K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses reduced remarkably to $3.5M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, imports attained the peak of $4.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.9 | 0.9 | 1.1 | 1.3 | 13.0% |
| China | 1.3 | 2.3 | 1.8 | 1.1 | -5.4% |
| Iran | 0.2 | 0.3 | 0.5 | 0.5 | 35.7% |
| Others | 0.9 | 0.9 | 0.8 | 0.6 | -12.6% |
| Total | 3.3 | 4.4 | 4.3 | 3.5 | 2.0% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Azerbaijan in 2022:
- China (41.7K units)
- Iran (5.3K units)
- Turkey (3.6K units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan
In 2022, approx. 1.6K units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were exported from Azerbaijan; growing by 40,600% against the year before. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $191K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.5 | 0.1 | 0.2 | 189 | 207.5% |
| Others | 0.9 | 0.6 | 1.3 | 1.5 | 18.6% |
| Total | 7.4 | 0.7 | 1.4 | 191 | 195.5% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Azerbaijan in 2022:
- United States (1623.0 units)
269
This report provides an in-depth analysis of the agricultural product dryer market in Azerbaijan.
114
This report provides an in-depth analysis of the market for non-domestic percolators and equipment for cooking or heating food in Azerbaijan.
233
This report provides an in-depth analysis of the non-domestic dryer market in Azerbaijan.
213
This report provides an in-depth analysis of the market for medical or laboratory sterilizer in Azerbaijan.
306
This report provides an in-depth analysis of the market for air or gas liquefier in Azerbaijan.
277
This report provides an in-depth analysis of the market for non-domestic heat exchange unit in Azerbaijan.
253
This report provides an in-depth analysis of the wood dryer market in Azerbaijan.
294
This report provides an in-depth analysis of the market for machinery for material treatment by heating or cooling process in Azerbaijan.
43
This report provides an in-depth analysis of the market for salts of oxometallic and peroxometallic acids in Azerbaijan.
386
Global Nonelectric Water Heater Market Report 2018. This report provides an in-depth analysis of the global nonelectric water heater market.
255
Discover the top import markets for non-domestic heat exchange units, including key statistics and opportunities. Learn about the leading countries driving the global market and how to capitalize on these opportunities. Explore the data from IndexBox and gain valuable insights today!
157
Discover the top import markets for salts of oxometallic and peroxometallic acids. Explore key statistics and market insights from IndexBox platform.
255
Discover the top import markets for non-domestic heat exchange units, including key statistics and opportunities. Learn about the leading countries driving the global market and how to capitalize on these opportunities. Explore the data from IndexBox and gain valuable insights today!
