Azerbaijan: Ceramic Tile Market 2024

Ceramic Tile Market Size in Azerbaijan

For the fourth year in a row, the Azerbaijani ceramic tile market recorded growth in sales value, which increased by X% to $X in 2022. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Ceramic tile consumption peaked in 2022 and is likely to continue growth in years to come.

Ceramic Tile Production in Azerbaijan

In value terms, ceramic tile production shrank markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021, and then fell markedly in the following year.

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Ceramic Tile Exports

Exports from Azerbaijan

In 2022, after ten years of growth, there was significant decline in overseas shipments of ceramic tiles, when their volume decreased by X% to X square meters. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X square meters in 2021, and then contracted sharply in the following year.

In value terms, ceramic tile exports contracted sharply to $X in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then shrank dramatically in the following year.

Exports by Country

Russia (X square meters) was the main destination for ceramic tile exports from Azerbaijan, with a X% share of total exports. Moreover, ceramic tile exports to Russia exceeded the volume sent to the second major destination, Georgia (X square meters), more than tenfold. Belarus (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Belarus (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for ceramic tiles exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Georgia ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Belarus (X% per year).

Export Prices by Country

The average ceramic tile export price stood at $X per square meter in 2022, dropping by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per square meter), while the average price for exports to Georgia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (X%), while the prices for the other major destinations experienced a decline.

Ceramic Tile Imports

Imports into Azerbaijan

After five years of growth, overseas purchases of ceramic tiles decreased by X% to X square meters in 2022. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X square meters in 2021, and then declined sharply in the following year.

In value terms, ceramic tile imports expanded significantly to $X in 2022. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Iran (X square meters) constituted the largest supplier of ceramic tile to Azerbaijan, accounting for a X% share of total imports. Moreover, ceramic tile imports from Iran exceeded the figures recorded by the second-largest supplier, India (X square meters), fivefold. The third position in this ranking was held by Turkey (X square meters), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Iran amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Turkey (X% per year).

In value terms, Iran ($X) constituted the largest supplier of ceramic tiles to Azerbaijan, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Iran amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average ceramic tile import price amounted to $X per square meter, surging by X% against the previous year. Overall, the import price, however, saw a slight setback. Over the period under review, average import prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per square meter), while the price for Uzbekistan ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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