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Azerbaijan - Granules, Chippings and Powder of Monumental Stone - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Granules, Chippings And Powder Of Monumental Stone 2022

Market Size for Granules, Chippings And Powder Of Monumental Stone in Azerbaijan

The Azerbaijani market for granules, chippings and powder of monumental stone surged to $X in 2021, growing 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). Overall, consumption continues to indicate a strong increase. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Azerbaijan

In 2021, overseas shipments of granules, chippings and powder of monumental stone were finally on the rise to reach X kg for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, exports, however, saw a significant curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, monumental stone granules and powder exports surged to $X in 2021. Overall, exports, however, recorded a significant decrease. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa (X kg) and Canada (X kg) were the main destinations of monumental stone granules and powder exports from Azerbaijan.

From 2012 to 2020, the biggest increases were in South Africa (with a CAGR of X value terms, Canada ($X) and South Africa ($X) appeared to be the largest markets for monumental stone granules and powder exported from Azerbaijan worldwide.

Among the main countries of destination, South Africa, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2020, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2020, the country with the highest price was Canada ($X per ton), while the average price for exports to South Africa amounted to $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X%).

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Azerbaijan

In 2021, the amount of granules, chippings and powder of monumental stone imported into Azerbaijan soared to X tons, jumping by X% against 2020. In general, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, monumental stone granules and powder imports surged to $X in 2021. Over the period under review, imports showed a tangible increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2020, Turkey (X tons) constituted the largest monumental stone granules and powder supplier to Azerbaijan, accounting for a X% share of total imports. It was followed by Germany (X tons), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Turkey amounted to +X%.

In value terms, Turkey ($X) constituted the largest supplier of monumental stone granules and powder to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports.

From 2012 to 2020, the average annual growth rate of value from Turkey totaled +X%.

Import Prices by Country

In 2020, the average import price for granules, chippings and powder of monumental stone amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2020, the average import prices failed to regain momentum.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Turkey (-X%).

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 granules, chippings and powder of monumental stone in the world?

The country with the largest volume of monumental stone granules and powder consumption was China, accounting for 20% of total volume. Moreover, monumental stone granules and powder consumption in China exceeded the figures recorded by the second-largest consumer, Germany, twofold. The United States ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of granules, chippings and powder of monumental stone in the world?

The country with the largest volume of monumental stone granules and powder production was China, comprising approx. 25% of total volume. Moreover, monumental stone granules and powder production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was held by the United States, with a 6.4% share.

What are the leading suppliers of granules, chippings and powder of monumental stone to Azerbaijan?

In value terms, Turkey constituted the largest supplier of monumental stone granules and powder to Azerbaijan, comprising 79% of total imports. The second position in the ranking was held by Germany, with an 11% share of total imports.

What are the leading importers of granules, chippings and powder of monumental stone from Azerbaijan?

In value terms, the largest markets for monumental stone granules and powder exported from Azerbaijan were Canada $7) and South Africa $7).

What is the average export price for granules, chippings and powder of monumental stone in Azerbaijan?

The average export price for granules, chippings and powder of monumental stone stood at $36 per ton in 2020, which is down by -31% against the previous year.

What is the average import price for granules, chippings and powder of monumental stone in Azerbaijan?

In 2020, the average import price for granules, chippings and powder of monumental stone amounted to $162 per ton, with a decrease of -23.4% against the previous year.

This report provides an in-depth analysis of the market for monumental stone granules and powder 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 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone

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