Azerbaijan: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Azerbaijan

The Azerbaijani market for self-adhesive plastic tape in rolls of a width under Xcm was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption posted a remarkable increase. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Azerbaijan

In 2022, overseas shipments of self-adhesive plastic tape in rolls of a width under Xcm were finally on the rise to reach X tons after four years of decline. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under Xcm skyrocketed to $X in 2022. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports of attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Georgia (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under Xcm from Azerbaijan, accounting for a X% share of total exports. It was followed by Norway (X kg), with a X% share of total exports.

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

In value terms, Georgia ($X) emerged as the key foreign market for self-adhesive plastic tape in rolls of a width under Xcm exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under Xcm amounted to $X per ton, reducing by X% against the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per ton 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 Turkey ($X per ton), while the average price for exports to Georgia ($X per ton) was amongst the lowest.

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

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Azerbaijan

In 2022, overseas purchases of self-adhesive plastic tape in rolls of a width under Xcm were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of self-adhesive plastic tape in rolls of a width under Xcm expanded markedly to $X in 2022. In general, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest self-adhesive plastic tape in rolls of a width under Xcm supplier to Azerbaijan, accounting for a X% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under Xcm from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under Xcm to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

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

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under Xcm stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price 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, import price for self-adhesive plastic tape in rolls of a width under Xcm increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Turkey ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Source: IndexBox Platform

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