Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Azerbaijan - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Azerbaijan (CIF) - 2022
  2. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Azerbaijan

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Azerbaijan (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $12,913 per ton, approximately mirroring the previous year. In general, the import price posted modest growth. The pace of growth was the most pronounced in 2016 an increase of 98% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 China ($31,667 per ton), while the price for Turkey ($4,927 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Azerbaijan

In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard imported into Azerbaijan surged to 6.9 tons, with an increase of 60% compared with the previous year. Overall, imports recorded strong growth.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard surged to $89K in 2022. Over the period under review, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 83%. As a result, imports attained the peak of $113K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1.62.617.033.7176.2%
China14.126.212.733.633.6%
Turkey10.734.06.521.125.4%
Spain14.620.37.4N/A-28.8%
Iran3.44.61.6N/A-31.4%
Italy2.75.12.4N/A-5.7%
Others14.920.67.80.5-67.7%
Total62.111355.488.912.7%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Azerbaijan in 2022:

  1. Turkey (4.3 tons)
  2. Taiwan (Chinese) (1.5 tons)
  3. China (1.1 tons)

Source: IndexBox Market Intelligence Platform

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