Price for Statuettes and Other Ornamental Ceramic Articles in Azerbaijan - 2023

Contents:

1. Price for Statuettes and Other Ornamental Ceramic Articles in Azerbaijan (CIF) - 2023
2. Price for Statuettes and Other Ornamental Ceramic Articles in Azerbaijan (FOB) - 2022
3. Imports of Statuettes and Other Ornamental Ceramic Articles in Azerbaijan
4. Exports of Statuettes and Other Ornamental Ceramic Articles in Azerbaijan

Price for Statuettes and Other Ornamental Ceramic Articles in Azerbaijan (CIF) - 2023

The average import price for statuettes and other ornamental ceramic articleses stood at $6,023 per ton in December 2023, rising by 10% against the previous month. In general, the import price, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in August 2023 an increase of 91% m-o-m. As a result, import price attained the peak level of $13,249 per ton. From September 2023 to December 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Turkey ($63,886 per ton), while the price for Iran ($1,644 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Turkey (+25.1%), while the prices for the other major suppliers experienced a decline.

Price for Statuettes and Other Ornamental Ceramic Articles in Azerbaijan (FOB) - 2022

In 2022, the average export price for statuettes and other ornamental ceramic articleses amounted to $8,593 per ton, waning by -52.3% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 387%. The export price peaked at $94,092 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($54,308 per ton), while the average price for exports to Latvia ($1,429 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 the United Arab Emirates (+71.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Statuettes and Other Ornamental Ceramic Articles in Azerbaijan

In 2022, imports of statuettes and other ornamental ceramic articleses into Azerbaijan shrank to 231 tons, which is down by -10.2% on 2021. Overall, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports reached the peak of 257 tons, and then reduced in the following year.

In value terms, imports of statuettes and other ornamental ceramic articleses fell dramatically to $1.4M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 24%. As a result, imports attained the peak of $1.7M, and then reduced notably in the following year.

Top Suppliers of Statuettes and Other Ornamental Ceramic Articles to Azerbaijan in 2022:

1. Iran (94.2 tons)
2. China (88.0 tons)
3. Turkey (18.5 tons)
4. Italy (14.6 tons)
5. Ukraine (4.3 tons)
6. Russia (3.6 tons)

Exports of Statuettes and Other Ornamental Ceramic Articles in Azerbaijan

For the fourth year in a row, Azerbaijan recorded growth in shipments abroad of statuettes and other ornamental ceramic articleses, which increased by 40% to 553 kg in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 67%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of statuettes and other ornamental ceramic articleses dropped markedly to $4.8K in 2022. Overall, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 101% against the previous year. As a result, the exports attained the peak of $7.1K, and then contracted rapidly in the following year.

Top Export Markets for Statuettes and Other Ornamental Ceramic Articles from Azerbaijan in 2022:

1. Latvia (280.0 kg)
2. Turkey (245.0 kg)
3. United Kingdom (26.0 kg)
4. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform