Azerbaijan - Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRoller Bearing Price in Azerbaijan - 2023
Contents:
- Roller Bearing Price in Azerbaijan (CIF) - 2022
- Roller Bearing Price in Azerbaijan (FOB) - 2022
- Roller Bearing Imports in Azerbaijan
- Roller Bearing Exports in Azerbaijan
Roller Bearing Price in Azerbaijan (CIF) - 2022
In 2022, the import price in Azerbaijan amounted to $14,086 per ton, dropping by -16.4% against the previous year. In general, the import price saw a deep setback. The pace of growth appeared the most rapid in 2018 when the import price increased by 98% against the previous year. Over the period under review, import prices reached the peak figure at $61,978 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($85,381 per ton), while Thailand ($352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+12.8%), while the other leaders experienced more modest paces of growth.
Roller Bearing Price in Azerbaijan (FOB) - 2022
The export price in Azerbaijan stood at $429,456 per ton in 2022, jumping by 243% against the previous year. Over the period under review, the export price enjoyed 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 origin: amid the top suppliers, the country with the highest price was the United States ($339,539 per ton), while Indonesia ($3,287 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 (+26.3%), while the other leaders experienced more modest paces of growth.
Roller Bearing Imports in Azerbaijan
In 2022, after two years of decline, there was significant growth in purchases abroad of roller bearings, when their volume increased by 26% to 67 tons. In general, imports, however, recorded a noticeable shrinkage.
In value terms, roller bearing imports rose significantly to $944K in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 5.6%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Roller Bearing in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 88.8 | 67.3 | 83.0 | 157 | 20.9% |
| Germany | 125 | 105 | 131 | 133 | 2.1% |
| India | 94.1 | 81.7 | 120 | 121 | 8.7% |
| Thailand | 65.5 | 56.9 | 66.6 | 63.5 | -1.0% |
| Spain | 33.5 | 24.2 | 24.6 | 25.9 | -8.2% |
| Nigeria | 7.2 | 19.9 | 11.0 | 9.2 | 8.5% |
| Others | -413.3 | -354.4 | -435.2 | -507.9 | 7.1% |
| Total | 0.8 | 0.8 | 0.9 | 0.9 | 4.0% |
Top Suppliers of Roller Bearing to Azerbaijan in 2022:
- Thailand (180.4K tons)
- Indonesia (17.1K tons)
- Germany (6.8K tons)
- India (5.2K tons)
- Spain (2.3K tons)
- Nigeria (1.8K tons)
Roller Bearing Exports in Azerbaijan
In 2022, overseas shipments of roller bearings decreased by -82.8% to 88 kg, falling for the second year in a row after two years of growth. Overall, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 143% against the previous year. As a result, the exports attained the peak of 1.2 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, roller bearing exports declined markedly to $38K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 344%.
| Export of Roller Bearing in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 171 | 157 | 212 | 248 | 13.2% |
| Germany | 164 | 130 | 179 | 157 | -1.4% |
| Singapore | 158 | 150 | 186 | 155 | -0.6% |
| Italy | 101 | 87.5 | 110 | 105 | 1.3% |
| France | 90.3 | 73.2 | 91.9 | 72.3 | -7.1% |
| Slovakia | 48.3 | 36.9 | 47.0 | 40.8 | -5.5% |
| South Korea | 34.2 | 25.9 | 31.3 | 28.6 | -5.8% |
| Indonesia | 2.4 | 1.9 | 2.4 | 5.9 | 35.0% |
| Others | -770.0 | -662.3 | -859.2 | -811.3 | 1.8% |
| Total | N/A | 0.1 | 0.1 | N/A | 0.0% |
Top Export Markets for Roller Bearing from Azerbaijan in 2022:
- China (38.7K tons)
- Singapore (10.7K tons)
- Germany (5.5K tons)
- France (5.4K tons)
- Slovakia (4.2K tons)
- Italy (3.4K tons)
- South Korea (2.3K tons)
- Indonesia (1.8K tons)
This report provides an in-depth analysis of the roller bearing market 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 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
230
This report provides an in-depth analysis of the roller bearing market in Azerbaijan.
225
This report provides an in-depth analysis of the bearing market in Azerbaijan.
270
This report provides an in-depth analysis of the ball bearing market in Azerbaijan.
167
This report provides an in-depth analysis of the tools for bearing market in Azerbaijan.
228
This report provides an in-depth analysis of the cylindrical roller bearing market in Azerbaijan.
233
This report provides an in-depth analysis of the needle roller bearing market in Azerbaijan.
250
This report provides an in-depth analysis of the ball bearing parts market in Azerbaijan.
218
This report provides an in-depth analysis of the spherical roller bearing market in Azerbaijan.
232
This report provides an in-depth analysis of the tapered roller bearing market in Azerbaijan.
373
This report provides an in-depth analysis of the bearing market in Azerbaijan.
181
Explore the top import markets for ball bearings, including Germany, China, the United States, and more. Find key statistics and data on the global demand for ball bearings.
91
Discover the leading import markets for cylindrical roller bearings and their impact on the global industry. From China to South Korea, learn about the key players driving the demand for these essential components.
162
Explore the top import markets for bearings, including China, Germany, and the United States. Discover key statistics and figures that highlight the growth and demand in this thriving industry.
3219
In value terms, candles and tapers imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consistent,...
855
In value terms, candles and tapers exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained consistent, with so...
920
In 2016, approx. X tons of bearing were imported worldwide- standing approx. at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
1759
In 2016, approx. X tons of bearing were imported worldwide- standing approx. at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
1841
Germany continued to dominate in the global ball or roller bearing trade. In 2014, Germany exported X thousand tons of ball or roller bearings totaling X million USD, X% over the previous year. Its primary trading partner was China, where it su
181
Explore the top import markets for ball bearings, including Germany, China, the United States, and more. Find key statistics and data on the global demand for ball bearings.
91
Discover the leading import markets for cylindrical roller bearings and their impact on the global industry. From China to South Korea, learn about the key players driving the demand for these essential components.
