Report Update May 1, 2024

Azerbaijan - Horizontal Machining Centres for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Horizontal Machining Centre Market 2024

Horizontal Machining Centre Market Size in Azerbaijan

The Azerbaijani horizontal machining centre market rose notably to $X.9B in 2022, picking up by X% against the previous year. In general, consumption, however, posted a resilient increase. Over the period under review, the market hit record highs at $X.7B in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Horizontal Machining Centre Production in Azerbaijan

In value terms, horizontal machining centre production reached $X.4B in 2022 estimated in export price. Over the period under review, production, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X.8B in 2020; however, from 2021 to 2022, production remained at a lower figure.

Horizontal Machining Centre Exports

Exports from Azerbaijan

In 2021, approx. X units of horizontal machining centres for working metal were exported from Azerbaijan; dropping by X% against 2020. In general, exports, however, continue to indicate a significant increase. Over the period under review, the exports hit record highs at X units in 2020, and then shrank in the following year.

In value terms, horizontal machining centre exports declined to $X in 2021. Overall, exports, however, saw a significant increase. The smallest decline of X% was in 2016. The exports peaked at $X in 2020, and then contracted in the following year.

Exports by Country

Iran (X units) was the main destination for horizontal machining centre exports from Azerbaijan, accounting for a approx. X% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Iran totaled X%.

In value terms, Iran ($X) also remains the key foreign market for horizontal machining centres for working metal exports from Azerbaijan.

From 2015 to 2021, the average annual growth rate of value to Iran totaled X%.

Export Prices by Country

In 2021, the average horizontal machining centre export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The export price peaked at $X per unit in 2020, and then fell in the following year.

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

From 2015 to 2021, the rate of growth in terms of prices for Iran amounted to X% per year.

Horizontal Machining Centre Imports

Imports into Azerbaijan

In 2022, imports of horizontal machining centres for working metal into Azerbaijan contracted to X units, which is down by X% against the previous year's figure. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, horizontal machining centre imports soared to $X in 2022. Over the period under review, imports recorded a abrupt decrease. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Germany (X units) were the main suppliers of horizontal machining centre imports to Azerbaijan, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of horizontal machining centres for working metal to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

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

Import Prices by Country

The average horizontal machining centre import price stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for horizontal machining centres for working metal in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together comprising 36% of global consumption. Japan, Latvia, Brazil, Nigeria, Bangladesh, the UK, Mexico, Germany, South Korea and Ethiopia lagged somewhat behind, together comprising a further 32%.

What are the largest producers of horizontal machining centres for working metal in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, with a combined 36% share of global production. Japan, Latvia, Brazil, Nigeria, Bangladesh, the UK, Mexico, Germany, South Korea and Ethiopia lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of horizontal machining centres for working metal to Azerbaijan?

In value terms, Taiwan Chinese) constituted the largest supplier of horizontal machining centres for working metal to Azerbaijan, comprising 82% of total imports. The second position in the ranking was taken by China, with a 14% share of total imports. It was followed by Turkey, with a 2.3% share.

What are the leading importers of horizontal machining centres for working metal from Azerbaijan?

In value terms, Iran remains the key foreign market for horizontal machining centres for working metal exports from Azerbaijan.

What is the average export price for horizontal machining centres for working metal in Azerbaijan?

The average horizontal machining centre export price stood at $92,267 per unit in 2021, declining by -3.9% against the previous year.

What is the average import price for horizontal machining centres for working metal in Azerbaijan?

In 2022, the average horizontal machining centre import price amounted to $144,555 per unit, rising by 307% against the previous year.

This report provides an in-depth analysis of the horizontal machining centre 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.

Product coverage:

Prodcom 28411220 - Horizontal machining centres for working metal

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023