Azerbaijan - Steel Springs And Leaves For Springs - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSteel Spring Price in Azerbaijan - 2023
Contents:
- Steel Spring Price in Azerbaijan (CIF) - 2022
- Steel Spring Price in Azerbaijan (FOB) - 2022
- Steel Spring Imports in Azerbaijan
- Steel Spring Exports in Azerbaijan
Steel Spring Price in Azerbaijan (CIF) - 2022
In 2022, the average steel spring import price amounted to $3,719 per ton, rising by 3.8% against the previous year. Over the period under review, the import price enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2015 an increase of 128%. As a result, import price attained the peak level of $8,038 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($9,423 per ton), while the price for China ($1,996 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Spring Price in Azerbaijan (FOB) - 2022
The average steel spring export price stood at $20,016 per ton in 2022, jumping by 264% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The export price peaked at $104,494 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
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 UK ($55,469 per ton), while the average price for exports to Georgia ($3,371 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 Russia (-0.5%), while the prices for the other major destinations experienced a decline.
Steel Spring Imports in Azerbaijan
In 2022, steel spring imports into Azerbaijan reached 929 tons, surging by 4.5% against 2021 figures. In general, imports, however, saw a noticeable descent.
In value terms, steel spring imports expanded rapidly to $3.5M in 2022. The total import value increased at an average annual rate of +11.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Steel Spring in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 696 | 756 | 1,064 | 1,198 | 19.8% |
| China | 155 | 158 | 141 | 541 | 51.7% |
| Russia | 592 | 795 | 499 | 366 | -14.8% |
| Germany | 149 | 249 | 157 | 232 | 15.9% |
| Iran | 20.8 | 32.2 | 114 | 73.1 | 52.0% |
| Others | 853 | 861 | 1,210 | 1,046 | 7.0% |
| Total | 2,465 | 2,850 | 3,185 | 3,456 | 11.9% |
Top Suppliers of Steel Spring to Azerbaijan in 2022:
- Turkey (416.3 tons)
- China (271.1 tons)
- Russia (138.4 tons)
- Germany (32.8 tons)
- Iran (27.2 tons)
Steel Spring Exports in Azerbaijan
In 2022, approx. 2 tons of steel springs and leaves for springs were exported from Azerbaijan; which is down by -72.5% on 2021. Overall, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
In value terms, steel spring exports amounted to $39K in 2022. In general, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year.
| Export of Steel Spring in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.2 | 1.3 | 5.1 | 23.1 | 55.0% |
| Belgium | N/A | N/A | N/A | 3.8 | 0% |
| Georgia | 1.4 | 26.0 | 29.6 | 2.6 | 22.9% |
| Uzbekistan | N/A | N/A | N/A | 2.2 | 0% |
| Russia | N/A | N/A | 1.5 | 2.1 | 40.0% |
| Egypt | 10.1 | 0.5 | 0.6 | N/A | -75.6% |
| Afghanistan | N/A | 0.2 | N/A | N/A | 0% |
| Turkey | 32.0 | 1.0 | N/A | N/A | -96.9% |
| Others | 14.8 | 5.2 | 2.5 | 5.4 | -28.5% |
| Total | 64.5 | 34.1 | 39.2 | 39.3 | -15.2% |
Top Export Markets for Steel Spring from Azerbaijan in 2022:
- Georgia (781.0 kg)
- Uzbekistan (520.0 kg)
- United Kingdom (416.0 kg)
- Belgium (146.0 kg)
- Russia (49.0 kg)
This report provides an in-depth analysis of the steel spring 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 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
- Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
- Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor
- Prodcom 25931631 - Iron or steel hot-worked helical springs
- Prodcom 25931633 - Iron or steel cold-formed helical coil compression springs
- Prodcom 25931635 - Iron or steel cold-formed helical coil tension springs
- Prodcom 25931637 - Iron or steel cold-formed helical springs (excluding helical coil compression springs, helical coil tension springs)
- Prodcom 25931653 - Iron or steel flat spiral springs
- Prodcom 25931655 - Iron or steel discs springs
- Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs springs)
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
260
This report provides an in-depth analysis of the steel spring market in Azerbaijan.
279
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Azerbaijan.
308
This report provides an in-depth analysis of the market for iron or steel leaf-spring and leave in Azerbaijan.
232
This report provides an in-depth analysis of the market for metal spiral or discs spring in Azerbaijan.
114
This report provides an in-depth analysis of the market for iron or steel leaf-spring in Azerbaijan.
1422
This report provides an in-depth analysis of the global steel spring market.
489
This report provides an in-depth analysis of the global market for metal hot-worked helical spring.
340
This report provides an in-depth analysis of the global market for iron or steel leaf-spring and leave.
350
This report provides an in-depth analysis of the global market for metal spiral or discs spring.
367
This report provides an in-depth analysis of the global market for iron or steel leaf-spring.
183
Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.
1029
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
1442
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
183
Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.
1029
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
1442
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
