Azerbaijan - Marble Building Stone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMarble Building Stone Price in Azerbaijan - 2023
Contents:
- Marble Building Stone Price in Azerbaijan (CIF) - 2023
- Marble Building Stone Price in Azerbaijan (FOB) - 2022
- Marble Building Stone Imports in Azerbaijan
- Marble Building Stone Exports in Azerbaijan
Marble Building Stone Price in Azerbaijan (CIF) - 2023
The average marble building stone import price stood at $524 per ton in July 2023, increasing by 29% against the previous month. Over the period under review, import price indicated a perceptible increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, marble building stone import price increased by +29.0% against June 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 46% m-o-m. As a result, import price attained the peak level of $774 per ton. From March 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($713 per ton), while the price for Iran stood at $296 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Iran (+0.9%).
Marble Building Stone Price in Azerbaijan (FOB) - 2022
The average marble building stone export price stood at $230 per ton in 2022, declining by -8% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 207%. As a result, the export price reached the peak level of $1,087 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
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 -6.5% per year.
Marble Building Stone Imports in Azerbaijan
In 2022, approx. 20K tons of marble building stone were imported into Azerbaijan; with a decrease of -8.9% on 2021. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 1.6% against the previous year.
In value terms, marble building stone imports skyrocketed to $12M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Marble Building Stone in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 4.7 | 4.4 | 4.4 | 5.2 | 3.4% |
| Turkey | 4.0 | 3.7 | 3.3 | 4.7 | 5.5% |
| Greece | 0.6 | 0.3 | N/A | 0.4 | -12.6% |
| Others | 1.1 | 1.5 | 1.3 | 1.5 | 10.9% |
| Total | 10.4 | 10.0 | 9.0 | 11.8 | 4.3% |
Top Suppliers of Marble Building Stone to Azerbaijan in 2022:
- Iran (13.9K tons)
- Turkey (5.1K tons)
- Greece (0.3K tons)
Marble Building Stone Exports in Azerbaijan
Marble building stone exports from Azerbaijan soared to 2.6K tons in 2022, picking up by 79% on 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 117% against the previous year. As a result, the exports reached the peak of 3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, marble building stone exports surged to $588K in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 115%. As a result, the exports attained the peak of $636K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Marble Building Stone in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 285 | 597 | 301 | 581 | 26.8% |
| Others | 10.8 | 39.8 | 56.1 | 7.5 | -11.4% |
| Total | 296 | 636 | 357 | 588 | 25.7% |
Top Export Markets for Marble Building Stone from Azerbaijan in 2022:
- Georgia (2.5K tons)
This report provides an in-depth analysis of the marble building stone 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 23701100 - Worked monumental/building stone and articles thereof, in marble, travertine and alabaster excluding tiles, cubes/similar articles, largest surface < 7 cm., setts, kerbstones, flagstones
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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