Azerbaijan: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Azerbaijan

The Azerbaijani meat-preparation industrial machinery market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption saw a abrupt slump. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Meat-Preparation Industrial Machinery Exports

Exports from Azerbaijan

After two years of decline, shipments abroad of industrial machinery for the preparation of meat or poultry decreased by X% to X units in 2022. In general, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, meat-preparation industrial machinery exports plummeted to $X in 2022. Over the period under review, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units), Austria (X units) and Georgia (X units) were the main destinations of meat-preparation industrial machinery exports from Azerbaijan, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the key foreign market for industrial machinery for the preparation of meat or poultry exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Georgia ($X), with an X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Russia (X% per year).

Export Prices by Country

The average meat-preparation industrial machinery export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price showed a sharp curtailment. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Turkey ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (X%), while the prices for the other major destinations experienced a decline.

Meat-Preparation Industrial Machinery Imports

Imports into Azerbaijan

In 2022, overseas purchases of industrial machinery for the preparation of meat or poultry decreased by X% to X units, falling for the second consecutive year after three years of growth. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, meat-preparation industrial machinery imports skyrocketed to $X in 2022. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), Poland (X units) and Germany (X units) were the main suppliers of meat-preparation industrial machinery 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 Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest meat-preparation industrial machinery suppliers to Azerbaijan were Germany ($X), Austria ($X) and Turkey ($X), together accounting for X% of total imports. Poland, Belarus, Iran, China and the Netherlands lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, recorded 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 more modest paces of growth.

Import Prices by Country

The average meat-preparation industrial machinery import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price showed a moderate expansion. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 Germany ($X per unit), while the price for the Netherlands ($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

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