Azerbaijan - Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Unmounted Tool Inserts, Sticks or Plates in Azerbaijan - 2023
Contents:
- Price for Unmounted Tool Inserts, Sticks or Plates in Azerbaijan (CIF) - 2022
- Price for Unmounted Tool Inserts, Sticks or Plates in Azerbaijan (FOB) - 2022
- Imports of Unmounted Tool Inserts, Sticks or Plates in Azerbaijan
- Exports of Unmounted Tool Inserts, Sticks or Plates in Azerbaijan
Price for Unmounted Tool Inserts, Sticks or Plates in Azerbaijan (CIF) - 2022
In 2022, the average import price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips amounted to $25,315 per ton, shrinking by -25.1% against the previous year. In general, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of 72%. As a result, import price attained the peak level of $111,877 per ton. From 2015 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 the United States ($81,115 per ton), while the price for China ($9,669 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Unmounted Tool Inserts, Sticks or Plates in Azerbaijan (FOB) - 2022
The average export price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips stood at $245,333 per ton in 2022, rising by 3,045% against the previous year. In general, the export price recorded significant growth. The export price peaked at $275,257 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 Saudi Arabia ($679,000 per ton), while the average price for exports to the UK ($16,000 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 Saudi Arabia (+509.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Unmounted Tool Inserts, Sticks or Plates in Azerbaijan
Imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips into Azerbaijan soared to 18 tons in 2022, with an increase of 40% on 2021. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 74%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips expanded modestly to $461K in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Unmounted Tool Inserts, Sticks or Plates in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 17.3 | 33.6 | 48.9 | 120 | 90.7% |
China | 15.3 | 37.3 | 52.4 | 75.8 | 70.5% |
Russia | 31.6 | 45.5 | 22.3 | 69.2 | 29.9% |
United States | 20.5 | 29.0 | 29.0 | 49.2 | 33.9% |
South Korea | 94.7 | 35.4 | 12.6 | 45.8 | -21.5% |
United Kingdom | 6.2 | 13.6 | 16.3 | 21.8 | 52.1% |
Germany | 20.8 | 25.1 | 62.1 | 21.7 | 1.4% |
Others | 157 | 100 | 197 | 57.7 | -28.4% |
Total | 363 | 320 | 440 | 461 | 8.3% |
Top Suppliers of Unmounted Tool Inserts, Sticks or Plates to Azerbaijan in 2022:
- China (7.8 tons)
- Turkey (5.9 tons)
- Russia (2.1 tons)
- South Korea (0.8 tons)
- United States (0.6 tons)
- United Kingdom (0.4 tons)
- Germany (0.2 tons)
Exports of Unmounted Tool Inserts, Sticks or Plates in Azerbaijan
In 2022, approx. 3 kg of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips were exported from Azerbaijan; dropping by -40% compared with the year before. Overall, exports continue to indicate a sharp downturn. The smallest decline of -16.7% was in 2021.
In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips soared to $736 in 2022. Over the period under review, exports continue to indicate a abrupt decrease.
Export of Unmounted Tool Inserts, Sticks or Plates in Azerbaijan (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 3.0 | N/A | N/A | 679 | 509.4% |
Italy | N/A | N/A | N/A | 41.0 | 0% |
United Kingdom | 3.0 | 62.0 | 3.0 | 16.0 | 74.7% |
Russia | 835 | N/A | N/A | N/A | 0% |
Kazakhstan | N/A | 629 | N/A | N/A | 0% |
Vietnam | N/A | 99.0 | N/A | N/A | 0% |
Georgia | 1.0 | 10.0 | 1.0 | N/A | 0.0% |
Slovenia | N/A | N/A | 16.0 | N/A | 0% |
Australia | 11.0 | N/A | N/A | N/A | 0% |
United States | 6.0 | 210 | 16.0 | N/A | 63.3% |
Turkey | 3.0 | 67.0 | 3.0 | N/A | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 862 | 1,077 | 39.0 | 736 | -5.1% |
Top Export Markets for Unmounted Tool Inserts, Sticks or Plates from Azerbaijan in 2022:
- United Kingdom (1.0 kg)
- Saudi Arabia (1.0 kg)
- Italy (1.0 kg)
This report provides an in-depth analysis of the market for unmounted tool inserts, sticks or plates 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 25736067 - Indexable inserts for tools, unmounted, of sintered metal carbides and cermets
- Prodcom 25736090 - Unmounted sintered metal carbides or cermet plates, sticks, t ips and the like for tools (excluding indexable inserts)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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