Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Azerbaijan - 2023

Contents:

1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Azerbaijan (CIF) - 2022
2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Azerbaijan (FOB) - 2022
3. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Azerbaijan
4. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Azerbaijan

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Azerbaijan (CIF) - 2022

In 2022, the average import price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $772,294 per unit, which is down by -26% against the previous year. In general, the import price, however, recorded a strong increase. The growth pace was the most rapid in 2015 an increase of 3,896%. The import price peaked at $2,307,256 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($12,016,316 per unit), while the price for Turkey ($781 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+101.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Azerbaijan (FOB) - 2022

The average export price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $11,812 per unit in 2020, falling by -38.6% against the previous year. In general, the export price faced a sharp shrinkage. Over the period under review, the average export prices hit record highs at $19,239 per unit in 2019, and then shrank sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Kazakhstan ($22,321 per unit), while the average price for exports to the UK stood at $1,302 per unit.

From 2019 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+59.7%).

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Azerbaijan

For the fourth year in a row, Azerbaijan recorded growth in supplies from abroad of vessels; other, including warships and lifeboats, other than rowing boatses, which increased by 129% to 48 units in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses soared to $37M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 3,756% against the previous year. As a result, imports reached the peak of $42M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to Azerbaijan in 2022:

1. United Arab Emirates (29.0 units)
2. United States (6.0 units)
3. Italy (2.0 units)
4. Ukraine (1.0 units)
5. Turkey (1.0 units)
6. Netherlands (1.0 units)
7. Denmark (1.0 units)
8. France (1.0 units)
9. Norway (1.0 units)
10. Germany (1.0 units)
11. China (1.0 units)
12. Kazakhstan (1.0 units)
13. Russia (1.0 units)

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Azerbaijan

In 2020, approx. 2 units of vessels; other, including warships and lifeboats, other than rowing boatses were exported from Azerbaijan; which is down by -33.3% compared with the year before. In general, exports showed a precipitous decline. The exports peaked at 3 units in 2019, and then declined notably in the following year.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses fell remarkably to $24K in 2020. Overall, exports showed a precipitous descent. The exports peaked at $58K in 2019, and then shrank rapidly in the following year.

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from Azerbaijan in 2022:

1. United Kingdom (1.0 units)
2. Kazakhstan (1.0 units)

Source: IndexBox Market Intelligence Platform