Report Update Apr 1, 2024

Azerbaijan - Non-Woven Glass Fibre Webs, Felts, Mattresses and Boards - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Azerbaijan

In 2022, after two years of growth, there was decline in the Azerbaijani non-woven glass fibre articles market, when its value decreased by X% to $X. In general, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped in the following year.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from Azerbaijan

In 2022, shipments abroad of non-woven glass fibre webs, felts, mattresses and boards decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, non-woven glass fibre articles exports reached $X in 2022. Over the period under review, exports, however, showed strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Georgia (X tons) was the main destination for non-woven glass fibre articles exports from Azerbaijan, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Georgia totaled X%.

In value terms, Georgia ($X) also remains the key foreign market for non-woven glass fibre webs, felts, mattresses and boards exports from Azerbaijan.

From 2012 to 2022, the average annual rate of growth in terms of value to Georgia amounted to X%.

Export Prices by Country

The average non-woven glass fibre articles export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price saw temperate growth. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to X% per year.

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Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into Azerbaijan

In 2022, purchases abroad of non-woven glass fibre webs, felts, mattresses and boards decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then fell modestly in the following year.

In value terms, non-woven glass fibre articles imports amounted to $X in 2022. In general, imports recorded a pronounced slump. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Iran (X tons), Russia (X tons) and Turkey (X tons) were the main suppliers of non-woven glass fibre articles 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 mixed trend patterns.

In value terms, Russia ($X), Iran ($X) and Turkey ($X) appeared to be the largest non-woven glass fibre articles suppliers to Azerbaijan, with a combined X% share of total imports.

Iran, with a CAGR of X%, saw 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 mixed trend patterns.

Import Prices by Country

In 2022, the average non-woven glass fibre articles import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-woven glass fibre webs, felts, mattresses and boards in the world?

The countries with the highest volumes of consumption in 2023 were the United States, China and India, together accounting for 60% of global consumption. France, Russia, Japan, Mexico, the UK, Bangladesh, Belgium, Turkey and Germany lagged somewhat behind, together accounting for a further 22%.

What are the largest producers of non-woven glass fibre webs, felts, mattresses and boards in the world?

The countries with the highest volumes of production in 2022 were the United States, China and India, together accounting for 62% of global production. France, Russia, Turkey, Japan, Belgium, Bangladesh, the UK, Mexico and Germany lagged somewhat behind, together comprising a further 23%.

What are the leading suppliers of non-woven glass fibre webs, felts, mattresses and boards to Azerbaijan?

In value terms, Russia, Iran and Turkey were the largest non-woven glass fibre articles suppliers to Azerbaijan, together comprising 84% of total imports.

What are the leading importers of non-woven glass fibre webs, felts, mattresses and boards from Azerbaijan?

In value terms, Georgia remains the key foreign market for non-woven glass fibre webs, felts, mattresses and boards exports from Azerbaijan.

What is the average export price for non-woven glass fibre webs, felts, mattresses and boards in Azerbaijan?

The average non-woven glass fibre articles export price stood at $1,518 per ton in 2022, rising by 46% against the previous year.

What is the average import price for non-woven glass fibre webs, felts, mattresses and boards in Azerbaijan?

The average non-woven glass fibre articles import price stood at $867 per ton in 2022, growing by 1.9% against the previous year.

This report provides an in-depth analysis of the market for non-woven glass fibre articles 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 23141250 - Non-woven glass fibre webs, felts, mattresses and boards

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