Azerbaijan: Concrete-Mixer Lorry Market 2022

Concrete-Mixer Lorry Market Size in Azerbaijan

For the third consecutive year, the Azerbaijani concrete-mixer lorry market recorded decline in sales value, which decreased by -X% to $X in 2021. Over the period under review, consumption showed a significant curtailment. Concrete-mixer lorry consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Concrete-Mixer Lorry Exports

Exports from Azerbaijan

In 2021, overseas shipments of concrete-mixer lorries decreased by -X% to X units, falling for the fourth year in a row after six years of growth. In general, exports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, concrete-mixer lorry exports contracted significantly to $X in 2021. Overall, exports showed a sharp reduction. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan (X units) was the main destination for concrete-mixer lorry exports from Azerbaijan, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan amounted to -X%.

In value terms, Kazakhstan ($X) also remains the key foreign market for concrete-mixer lorry exports from Azerbaijan.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan totaled -X%.

Export Prices by Country

The average concrete-mixer lorry export price stood at $X per unit in 2021, shrinking by -X% against the previous year. In general, the export price continues to indicate a sharp descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

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

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

Concrete-Mixer Lorry Imports

Imports into Azerbaijan

For the ninth year in a row, Azerbaijan recorded decline in supplies from abroad of concrete-mixer lorries, which decreased by -X% to X units in 2021. Over the period under review, imports showed a dramatic shrinkage. The smallest decline of -X% was in 2020. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, concrete-mixer lorry imports shrank remarkably to $X in 2021. In general, imports showed a sharp descent. The smallest decline of -X% was in 2017. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest concrete-mixer lorry supplier to Azerbaijan, with a X% share of total imports. Moreover, concrete-mixer lorry imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Russia (-X% per year).

In value terms, China ($X) constituted the largest supplier of concrete-mixer lorry to Azerbaijan, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Russia (-X% per year).

Import Prices by Country

The average concrete-mixer lorry import price stood at $X per unit in 2021, waning by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform