
Azerbaijan - Hay-Making Machinery - Market Analysis, Forecast, Size, Trends and Insights
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Azerbaijan: Hay-Making Machinery Market 2022
Hay-Making Machinery Market Size in Azerbaijan
In 2021, the Azerbaijani hay-making machinery market increased by X% to $X, rising for the fifth consecutive year after two years of decline. In general, consumption recorded significant growth. Hay-making machinery consumption peaked in 2021 and is likely to continue growth in the immediate term.
Hay-Making Machinery Exports
Exports from Azerbaijan
In 2021, the amount of hay-making machinery exported from Azerbaijan amounted to less than X units, therefore, remained relatively stable against the previous year. Overall, exports showed a relatively flat trend pattern.
In value terms, hay-making machinery exports stood at less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
Hay-Making Machinery Imports
Imports into Azerbaijan
In 2021, supplies from abroad of hay-making machinery increased by X% to X units, rising for the fifth consecutive year after two years of decline. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.
In value terms, hay-making machinery imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth imports remained at a lower figure.
Imports by Country
In 2021, Turkey (X units) was the main supplier of hay-making machinery to Azerbaijan, with a X% share of total imports. It was followed by Italy (X units), with a X% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +X%.
In value terms, Turkey ($X) constituted the largest supplier of hay-making machinery to Azerbaijan, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Turkey amounted to +X%.
Import Prices by Country
The average hay-making machinery import price stood at $X per unit in 2021, shrinking by -X% against the previous year. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($X per unit), while the price for Turkey totaled $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (X%).
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the hay-making machinery market 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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