Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Azerbaijan - 2024

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Azerbaijan (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Azerbaijan

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Azerbaijan (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,211 per unit, jumping by 142% against the previous year. In general, the import price posted a tangible increase. The pace of growth was the most pronounced in 2016 an increase of 144% against the previous year. Over the period under review, average import prices attained the peak figure at $1,727 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,696 per unit), while the price for Germany ($76 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Azerbaijan

In 2022, approx. 93 units of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses were imported into Azerbaijan; jumping by 745% on 2021. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses soared to $113K in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey7.60.10.721.641.6%
United States4.21.11.118.965.1%
Italy9.41.50.818.224.6%
Spain5.81.31.116.942.8%
Russia1.80.20.113.093.3%
China5.81.00.810.120.3%
Ukraine1.30.50.610.097.4%
Germany0.40.10.10.826.0%
Others1.40.30.23.130.3%
Total37.66.05.511344.3%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Azerbaijan in 2022:

  1. United States (35.0 units)
  2. Italy (12.0 units)
  3. Germany (10.0 units)
  4. Turkey (8.0 units)
  5. Spain (8.0 units)
  6. Russia (7.0 units)
  7. Ukraine (6.0 units)
  8. China (5.0 units)

Source: IndexBox Market Intelligence Platform

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