Report Update: May 1, 2024

Azerbaijan - Non-Domestic Heat Exchange Units - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Domestic Heat Exchange Unit in Azerbaijan - 2023

Price for Non-Domestic Heat Exchange Unit in Azerbaijan (CIF) - 2022

The average non-domestic heat exchange unit import price stood at $182 per unit in 2022, with a decrease of -31.4% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs at $415 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($294 per unit), while the price for Turkey ($78 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+73.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Domestic Heat Exchange Unit in Azerbaijan (FOB) - 2022

The average non-domestic heat exchange unit export price stood at $457 per unit in 2022, increasing by 426% against the previous year. Overall, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,644 per unit), while the average price for exports to the United States ($98 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 France (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Heat Exchange Unit in Azerbaijan

Non-domestic heat exchange unit imports into Azerbaijan skyrocketed to 106K units in 2022, with an increase of 56% against the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-domestic heat exchange unit imports rose sharply to $19M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 21%. As a result, imports attained the peak of $24M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Non-Domestic Heat Exchange Unit in Azerbaijan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	0.4	4.2	6.2	8.9	181.3%
China	0.2	0.4	0.2	4.1	173.7%
Turkey	0.5	1.1	0.6	1.6	47.4%
Italy	1.4	1.5	0.6	1.2	-5.0%
Morocco	N/A	N/A	0.2	0.5	150.0%
Germany	2.0	0.3	0.3	0.3	-46.9%
Russia	1.3	0.4	1.1	0.2	-46.4%
Malaysia	1.5	0.3	N/A	N/A	-80.0%
Serbia	2.5	3.6	3.3	N/A	14.9%
Ukraine	1.6	1.6	0.3	N/A	-56.7%
Others	8.5	10.6	5.3	2.5	-33.5%
Total	19.8	23.9	18.1	19.4	-0.7%

Top Suppliers of Non-Domestic Heat Exchange Unit to Azerbaijan in 2022:

Malaysia (undefinedK units)
China (39.0K units)
South Korea (34.7K units)
Turkey (20.6K units)
Italy (4.2K units)
Morocco (1.7K units)
Russia (0.9K units)
Ukraine (0.4K units)
Germany (0.3K units)

Exports of Non-Domestic Heat Exchange Unit in Azerbaijan

In 2022, shipments abroad of non-domestic heat exchange units decreased by -94.5% to 430 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 185%. As a result, the exports attained the peak of 7.8K units, and then fell sharply in the following year.

In value terms, non-domestic heat exchange unit exports contracted remarkably to $197K in 2022. Overall, exports recorded a slight decrease. The growth pace was the most rapid in 2021 when exports increased by 482%. As a result, the exports reached the peak of $680K, and then declined rapidly in the following year.

Export of Non-Domestic Heat Exchange Unit in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	65.7	17.1	32.4	93.3	12.4%
France	70.2	16.2	2.2	59.2	-5.5%
Russia	2.1	3.2	43.6	23.3	123.0%
Belgium	3.3	2.1	5.2	6.8	27.3%
Luxembourg	0.3	10.7	6.2	5.8	168.4%
Latvia	N/A	N/A	N/A	4.7	0%
United States	1.4	0.1	1.1	2.3	18.0%
Romania	N/A	N/A	441	N/A	0%
Afghanistan	39.1	39.7	95.2	N/A	56.0%
Others	24.2	27.6	52.6	1.2	-63.3%
Total	206	117	680	197	-1.5%

Top Export Markets for Non-Domestic Heat Exchange Unit from Azerbaijan in 2022:

United Kingdom (261.0 units)
Russia (51.0 units)
France (36.0 units)
Luxembourg (28.0 units)
United States (24.0 units)
Latvia (18.0 units)
Belgium (7.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-domestic heat exchange unit 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 28251130 - Heat exchange units

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023