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Azerbaijan - Domestic, Non-Electric, Cooking or Heating Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2022

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Azerbaijan

The Azerbaijani market for domestic, non-electric, cooking or heating appliances skyrocketed to $X in 2021, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Azerbaijan

In 2021, overseas shipments of domestic, non-electric, cooking or heating appliances were finally on the rise to reach X tons after two years of decline. Over the period under review, exports saw a perceptible expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of domestic, non-electric, cooking or heating appliances surged to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Georgia (X tons) was the main destination for exports of domestic, non-electric, cooking or heating appliances from Azerbaijan, accounting for a X% share of total exports. Moreover, exports of domestic, non-electric, cooking or heating appliances to Georgia exceeded the volume sent to the second major destination, South Korea (X kg), tenfold. The third position in this ranking was taken by the United States (X kg), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and the United States (+X% per year).

In value terms, Georgia ($X) remains the key foreign market for domestic, non-electric, cooking or heating appliance exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Georgia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and the United States (+X% per year).

Export Prices by Country

In 2021, the average export price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Azerbaijan

Imports of domestic, non-electric, cooking or heating appliances into Azerbaijan surged to X tons in 2021, increasing by X% on 2020. Over the period under review, imports showed noticeable growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, imports of domestic, non-electric, cooking or heating appliances soared to $X in 2021. In general, imports, however, showed a mild downturn. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Turkey (X tons) and Iran (X tons) were the main suppliers of imports of domestic, non-electric, cooking or heating appliances to Azerbaijan, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest domestic, non-electric, cooking or heating appliance suppliers to Azerbaijan were China ($X), Turkey ($X) and Iran ($X), with a combined X% share of total imports.

China, with a CAGR of +X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Turkey ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic, non-electric, cooking or heating appliances in the world?

The countries with the highest volumes of consumption in 2021 were the United States, India and China, together comprising 43% of global consumption. These countries were followed by Egypt, Japan, Russia, Canada, Indonesia, Brazil, Pakistan, Mexico, the UK and Germany, which together accounted for a further 31%.

What are the largest producers of domestic, non-electric, cooking or heating appliances in the world?

China remains the largest domestic, non-electric, cooking or heating appliance producing country worldwide, comprising approx. 40% of total volume. Moreover, production of domestic, non-electric, cooking or heating appliances in China exceeded the figures recorded by the second-largest producer, India, threefold. Egypt ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of domestic, non-electric, cooking or heating appliances to Azerbaijan?

In value terms, the largest domestic, non-electric, cooking or heating appliance suppliers to Azerbaijan were China, Turkey and Iran, with a combined 83% share of total imports.

What are the leading importers of domestic, non-electric, cooking or heating appliances from Azerbaijan?

In value terms, Georgia remains the key foreign market for domestic, non-electric, cooking or heating appliance exports from Azerbaijan, comprising 83% of total exports. The second position in the ranking was taken by South Korea $350), with a 4.6% share of total exports. It was followed by the United States, with a 4.1% share.

What is the average export price for domestic, non-electric, cooking or heating appliances in Azerbaijan?

The average export price for domestic, non-electric, cooking or heating appliances stood at $4,867 per ton in 2021, increasing by 59% against the previous year.

What is the average import price for domestic, non-electric, cooking or heating appliances in Azerbaijan?

The average import price for domestic, non-electric, cooking or heating appliances stood at $3,318 per ton in 2021, rising by 12% against the previous year.

This report provides an in-depth analysis of the market for domestic, non-electric, cooking or heating appliance 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 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)

• Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)

• Prodcom 27521190 - Other domestic cooking appliances and plate warmers, of iron or steel or of copper, non-electric

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance