Azerbaijan: Fixed Carbon Resistor Market 2024

Fixed Carbon Resistor Market Size in Azerbaijan

In 2022, the Azerbaijani fixed carbon resistor market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption showed a drastic downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Fixed Carbon Resistor Exports

Exports from Azerbaijan

In 2022, after three years of growth, there was significant decline in overseas shipments of fixed carbon resistors, composition or film types and electrical variable resistors, when their volume decreased by X% to X units. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then contracted significantly in the following year.

In value terms, fixed carbon resistor exports shrank markedly to $X in 2022. Overall, exports, however, saw a significant expansion. 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 contracted notably in the following year.

Exports by Country

Russia (X units), the UK (X units) and France (X units) were the main destinations of fixed carbon resistor exports from Azerbaijan, with a combined X% share of total exports. The United States and Saudi Arabia lagged somewhat behind, together comprising a further X%.

From 2015 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for fixed carbon resistors, composition or film types and electrical variable resistors exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by the UK, with a X% share.

From 2015 to 2022, the average annual growth rate of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average fixed carbon resistor export price amounted to $X per unit, which is down by X% against the previous year. Overall, the export price, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 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 unit, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Fixed Carbon Resistor Imports

Imports into Azerbaijan

After two years of growth, purchases abroad of fixed carbon resistors, composition or film types and electrical variable resistors decreased by X% to X units in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by X%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fixed carbon resistor imports declined dramatically to $X in 2022. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of fixed carbon resistor to Azerbaijan, accounting for a X% share of total imports. Moreover, fixed carbon resistor imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Russia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Russia (X% per year).

In value terms, the largest fixed carbon resistor suppliers to Azerbaijan were Turkey ($X), China ($X) and the United States ($X), together accounting for X% of total imports. Germany, Russia, Italy and Singapore lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Singapore, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fixed carbon resistor import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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