Azerbaijan - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemiconductor LED Price in Azerbaijan - 2022
Contents:
- Semiconductor LED Price in Azerbaijan (CIF) - 2022
- Semiconductor LED Price in Azerbaijan (FOB) - 2022
- Semiconductor LED Imports in Azerbaijan
- Semiconductor LED Exports in Azerbaijan
Semiconductor LED Price in Azerbaijan (CIF) - 2022
In 2022, the average semiconductor LED import price amounted to $21 per unit, picking up by 31% against the previous year. Over the period under review, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 76%. As a result, import price reached the peak level of $31 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($23 per unit), while the price for Turkey ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Semiconductor LED Price in Azerbaijan (FOB) - 2022
The average semiconductor LED export price stood at $75 per unit in 2022, which is down by -35.4% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 132%. As a result, the export price attained the peak level of $116 per unit, and then fell rapidly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($69 per unit), while the average price for exports to Germany ($32 per unit) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.
Semiconductor LED Imports in Azerbaijan
In 2022, semiconductor led imports into Azerbaijan shrank remarkably to 170K units, reducing by -21.8% against the previous year's figure. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 3.3%. Over the period under review, imports attained the peak figure at 321K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, semiconductor LED imports expanded slightly to $3.6M in 2022. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 13%. As a result, imports attained the peak of $5.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Semiconductor LED in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.0 | 2.9 | 1.2 | 2.5 | 7.7% |
| China | 1.3 | 0.8 | 0.2 | 0.8 | -14.9% |
| Turkey | 0.9 | 0.4 | N/A | 0.1 | -51.9% |
| Others | 0.6 | 1.2 | 2.1 | 0.3 | -20.6% |
| Total | 4.8 | 5.4 | 3.5 | 3.6 | -9.1% |
Top Suppliers of Semiconductor LED to Azerbaijan in 2022:
- Germany (111.4K units)
- China (50.8K units)
- Turkey (4.0K units)
Semiconductor LED Exports in Azerbaijan
In 2022, exports of semiconductor light emitting diodes (LEDs) from Azerbaijan shrank markedly to 6 units, which is down by -82.4% compared with the previous year's figure. Over the period under review, exports showed a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. The exports peaked at 198 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, semiconductor LED exports contracted notably to $446 in 2022. Overall, exports faced a significant contraction. The growth pace was the most rapid in 2021 with an increase of 187%. The exports peaked at $7.5K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Semiconductor LED in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6,420 | 334 | 1,533 | 340 | -62.4% |
| Germany | 117 | 128 | 87.0 | 19.0 | -45.4% |
| Georgia | 727 | 491 | 4.0 | 1.0 | -88.9% |
| Others | 253 | 421 | 2,324 | 86.0 | -30.2% |
| Total | 7,517 | 1,374 | 3,948 | 446 | -61.0% |
Top Export Markets for Semiconductor LED from Azerbaijan in 2022:
- United States (5.0 units)
- Germany (1.0 units)
This report provides an in-depth analysis of the semiconductor led 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 26112220 - Semiconductor light emitting diodes (LEDs)
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
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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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