Azerbaijan: Compression Type Mould Market 2024

Compression Type Mould Market Size in Azerbaijan

In 2022, the Azerbaijani compression type mould market increased by X% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Compression type mould consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Compression Type Mould Production in Azerbaijan

In value terms, compression type mould production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Compression Type Mould Exports

Exports from Azerbaijan

After two years of decline, shipments abroad of injection or compression type moulds for rubber or plastics decreased by X% to X units in 2022. Over the period under review, exports recorded a precipitous decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, compression type mould exports dropped notably to $X in 2022. Overall, exports recorded a precipitous setback. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for compression type mould exports from Azerbaijan, accounting for a X% share of total exports. It was followed by Turkey (X units), with a X% share of total exports.

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

In value terms, Russia ($X) remains the key foreign market for injection or compression type moulds for rubber or plastics exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average compression type mould export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price saw a deep contraction. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Turkey ($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 Russia (X%), while the prices for the other major destinations experienced a decline.

Compression Type Mould Imports

Imports into Azerbaijan

In 2022, the amount of injection or compression type moulds for rubber or plastics imported into Azerbaijan soared to X units, growing by X% against 2021 figures. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, compression type mould imports expanded remarkably to $X in 2022. In general, imports recorded buoyant growth. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Iran (X units), Turkey (X units) and China (X units) were the main suppliers of compression type mould imports to Azerbaijan, with a combined X% share of total imports.

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

In value terms, the largest compression type mould suppliers to Azerbaijan were Turkey ($X), China ($X) and Iran ($X), together accounting for X% of total imports.

In terms of the main suppliers, Iran, with a CAGR of X%, saw the highest rates of growth with regard to 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 compression type mould import price amounted to $X per unit, waning by X% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Iran ($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 mixed trend patterns.

Source: IndexBox Platform

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