Azerbaijan - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for LCD or LED Indicator Panel in Azerbaijan - 2023
Contents:
- Price for LCD or LED Indicator Panel in Azerbaijan (CIF) - 2022
- Price for LCD or LED Indicator Panel in Azerbaijan (FOB) - 2022
- Imports of LCD or LED Indicator Panel in Azerbaijan
- Exports of LCD or LED Indicator Panel in Azerbaijan
Price for LCD or LED Indicator Panel in Azerbaijan (CIF) - 2022
The average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $2.1 per unit in 2022, with a decrease of -61.4% against the previous year. Over the period under review, the import price showed a mild downturn. The pace of growth appeared the most rapid in 2013 an increase of 100% against the previous year. The import price peaked at $11 per unit in 2017; however, from 2018 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 Turkey ($2.2 per unit), while the price for China ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.6%), while the prices for the other major suppliers experienced a decline.
Price for LCD or LED Indicator Panel in Azerbaijan (FOB) - 2022
In 2022, the average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) amounted to $26 per unit, surging by 337% against the previous year. In general, the export price recorded a buoyant expansion. Over the period under review, the average export prices hit record highs at $26 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 Russia ($40 per unit), while the average price for exports to Turkey ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of LCD or LED Indicator Panel in Azerbaijan
In 2022, after two years of decline, there was significant growth in supplies from abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD), when their volume increased by 88% to 199K units. Over the period under review, imports, however, showed a pronounced decline. Over the period under review, imports hit record highs at 225K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, LCD or LED indicator panel imports plummeted to $415K in 2022. Overall, imports, however, faced a significant contraction. The smallest decline of -23.8% was in 2021. Imports peaked at $1.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of LCD or LED Indicator Panel in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 135 | 134 | 74.5 | 132 | -0.7% |
Turkey | 32.1 | 20.8 | 20.3 | 48.0 | 14.4% |
United States | 916 | 231 | 164 | 37.9 | -65.4% |
Lithuania | 52.5 | 8.3 | 10.7 | 1.7 | -68.1% |
Malaysia | 160 | N/A | 1.0 | 0.1 | -91.5% |
South Korea | 102 | 72.4 | 2.1 | N/A | -85.7% |
Others | 196 | 284 | 299 | 196 | 0.0% |
Total | 1,595 | 750 | 571 | 415 | -36.2% |
Top Suppliers of LCD or LED Indicator Panel to Azerbaijan in 2022:
- Malaysia (undefinedK units)
- South Korea (undefinedK units)
- China (164.7K units)
- Turkey (21.9K units)
- United States (1.3K units)
- Lithuania (0.5K units)
Exports of LCD or LED Indicator Panel in Azerbaijan
In 2022, shipments abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) decreased by -99.5% to 378 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 429%. Over the period under review, the exports hit record highs at 70K units in 2021, and then reduced rapidly in the following year.
In value terms, LCD or LED indicator panel exports reduced notably to $9.7K in 2022. In general, exports saw a precipitous slump. The growth pace was the most rapid in 2020 when exports increased by 373% against the previous year. The exports peaked at $412K in 2021, and then shrank dramatically in the following year.
Export of LCD or LED Indicator Panel in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | 2.9 | 15.7 | 7.4 | 59.7% |
Netherlands | N/A | N/A | 0.7 | 0.9 | 28.6% |
Luxembourg | 1.1 | 58.9 | 3.6 | 0.6 | -18.3% |
Turkey | N/A | N/A | N/A | 0.2 | 0% |
United States | 54.7 | 218 | 390 | 0.2 | -84.6% |
Switzerland | 2.3 | N/A | N/A | 0.1 | -64.8% |
Hong Kong SAR | 0.1 | N/A | 0.8 | 0.1 | 0.0% |
Others | 1.6 | 2.5 | 1.1 | 0.1 | -60.3% |
Total | 59.8 | 283 | 412 | 9.7 | -45.5% |
Top Export Markets for LCD or LED Indicator Panel from Azerbaijan in 2022:
- Russia (186.0 units)
- Turkey (48.0 units)
- Luxembourg (42.0 units)
- Netherlands (39.0 units)
- United States (33.0 units)
- Switzerland (17.0 units)
- Hong Kong SAR (9.0 units)
This report provides an in-depth analysis of the market for lcd or led indicator panel 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 27902020 - Indicator panels incorporating liquid crystal display (LCD)
- Prodcom 27902050 - Indicator panels incorporating light emitting diodes (LED)
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
-
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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