Azerbaijan - Moulded Rubber Articles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Azerbaijan - Moulded Rubber Articles - Market Analysis, Forecast, Size, Trends and Insights

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Price for Rubber-To-Metal and Moulded Article in Azerbaijan - 2023

Contents:

  1. Price for Rubber-To-Metal and Moulded Article in Azerbaijan (CIF) - 2022
  2. Price for Rubber-To-Metal and Moulded Article in Azerbaijan (FOB) - 2022
  3. Imports of Rubber-To-Metal and Moulded Article in Azerbaijan
  4. Exports of Rubber-To-Metal and Moulded Article in Azerbaijan

Price for Rubber-To-Metal and Moulded Article in Azerbaijan (CIF) - 2022

The average rubber-to-metal and moulded article import price stood at $7,402 per ton in 2022, growing by 17% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rubber-to-metal and moulded article import price increased by +52.9% against 2018 indices. The growth pace was the most rapid in 2016 when the average import price increased by 34% against the previous year. As a result, import price reached the peak level of $9,303 per ton. From 2017 to 2022, the average 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 Malaysia ($70,637 per ton), while the price for Turkey ($4,702 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber-To-Metal and Moulded Article in Azerbaijan (FOB) - 2022

The average rubber-to-metal and moulded article export price stood at $16,886 per ton in 2022, declining by -41.3% against the previous year. Over the period under review, the export price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2014 an increase of 188% against the previous year. As a result, the export price attained the peak level of $35,659 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($32,142 per ton), while the average price for exports to the United Arab Emirates ($1,012 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber-To-Metal and Moulded Article in Azerbaijan

Rubber-to-metal and moulded article imports into Azerbaijan skyrocketed to 1.9K tons in 2022, increasing by 50% on 2021. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article imports skyrocketed to $14M in 2022. Over the period under review, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Rubber-To-Metal and Moulded Article in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,2001,0751,2452,91534.4%
China1,1571,0271,4392,07021.4%
Russia1,3031,2441,1961,5405.7%
Italy3291831581,31358.6%
India71575.81051,21419.3%
Germany8018278688923.7%
South Korea32128451582937.2%
Iran43.731.536.087.426.0%
United Arab Emirates32424340010.3-68.3%
Others1,8241,3751,8742,89616.7%
Total8,0186,3667,83613,76719.7%

Top Suppliers of Rubber-To-Metal and Moulded Article to Azerbaijan in 2022:

  1. Turkey (620.0 tons)
  2. China (412.3 tons)
  3. Russia (279.9 tons)
  4. India (154.7 tons)
  5. Italy (137.3 tons)
  6. South Korea (72.2 tons)
  7. Germany (67.3 tons)
  8. Iran (37.4 tons)
  9. United Arab Emirates (1.3 tons)

Exports of Rubber-To-Metal and Moulded Article in Azerbaijan

For the fourth consecutive year, Azerbaijan recorded growth in shipments abroad of rubber-to-metal and moulded articles, which increased by 2.5% to 3.2 tons in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 244% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, rubber-to-metal and moulded article exports declined rapidly to $53K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 287%.

Export of Rubber-To-Metal and Moulded Article in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A0.70.923.6480.6%
NetherlandsN/AN/A1.120.21736.4%
United Arab EmiratesN/AN/AN/A1.60%
GeorgiaN/A13.25.30.4-82.6%
United States4.4N/AN/AN/A0%
TurkmenistanN/A11.673.6N/A534.5%
Others6.416.18.17.65.9%
Total10.841.888.953.570.5%

Top Export Markets for Rubber-To-Metal and Moulded Article from Azerbaijan in 2022:

  1. United Arab Emirates (1592.0 kg)
  2. Netherlands (738.0 kg)
  3. Russia (736.0 kg)
  4. Georgia (22.0 kg)
  5. Turkmenistan (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for rubber-to-metal and moulded article 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 22197345 - Rubber-to-metal bonded articles for tractors and motor vehicles
  • Prodcom 2297347 -
  • Prodcom 22197349 - Rubber-to-metal bonded articles for other uses than for tractors and motor vehicles
  • Prodcom 22197365 - Articles of vulcanised solid rubber other than for tractors and motor vehicles

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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