Azerbaijan: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2022

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Azerbaijan

In 2021, after two years of decline, there was significant growth in the azerbaijani market for building blocks and bricks of cement, concrete or artificial stone, when its value increased by X% to $X the period under review, consumption, however, saw a perceptible contraction.Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Azerbaijan

In value terms, production of building blocks and bricks of cement, concrete or artificial stone expanded significantly to $X in 2021 estimated in export price.In general, production, however, continues to indicate a abrupt decline.The pace of growth was the most pronounced in 2018 when the production volume increased by X the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Azerbaijan

In 2021, after five years of growth, there was significant decline in shipments abroad of building blocks and bricks of cement, concrete or artificial stone, when their volume decreased by -X% to X tons.In general, exports, however, enjoyed strong growth.The growth pace was the most rapid in 2013 with an increase of X% against the previous year.The exports peaked at X tons in 2020, and then contracted markedly in the following year.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone reduced markedly to $X in 2021.Over the period under review, exports showed a relatively flat trend pattern.The pace of growth was the most pronounced in 2013 when exports increased by X a result, the exports attained the peak of $X. from 2014 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Georgia (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Azerbaijan, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia stood at +X%.

From 2012 to 2021, the average annual rate of growth in terms of value to Georgia amounted to +X%.

Export Prices by Country

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, stabilizing at the previous year. In general, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. from 2015 to 2021, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2021, the rate of growth in terms of prices for Georgia amounted to -X% per year.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Azerbaijan

In 2021, overseas purchases of building blocks and bricks of cement, concrete or artificial stone decreased by -X% to X tons, falling for the second year in a row after two years of growth.Over the period under review, imports showed a pronounced downturn.The growth pace was the most rapid in 2018 with an increase of X peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone fell rapidly to $X in 2021.In general, imports saw a slight descent.The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year.Imports peaked at $X in 2020, and then shrank markedly in the following year.

Imports by Country

In 2021, Turkey (X tons) was the main supplier of building blocks and bricks of cement, concrete or artificial stone to Azerbaijan, with a X% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Turkey was relatively modest.

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone suppliers to Azerbaijan were Turkey ($X) and Italy ($X, with a cagr of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average import price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, with a decrease of -X% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, import price for building blocks and bricks of cement, concrete or artificial stone increased by +X% against 2018 indices.The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then reduced rapidly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%).

Source: IndexBox Market Intelligence Platform

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