Azerbaijan - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hydraulic Cylinder and System in Azerbaijan - 2023
Contents:
- Price for Hydraulic Cylinder and System in Azerbaijan (CIF) - 2022
- Price for Hydraulic Cylinder and System in Azerbaijan (FOB) - 2022
- Imports of Hydraulic Cylinder and System in Azerbaijan
- Exports of Hydraulic Cylinder and System in Azerbaijan
Price for Hydraulic Cylinder and System in Azerbaijan (CIF) - 2022
In 2022, the average hydraulic cylinder and system import price amounted to $914 per unit, waning by -34.8% against the previous year. In general, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 89% against the previous year. Over the period under review, average import prices reached the maximum at $2,589 per unit in 2015; however, from 2016 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 the United States ($1.6 per unit), while the price for Ukraine (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydraulic Cylinder and System in Azerbaijan (FOB) - 2022
In 2022, the average hydraulic cylinder and system export price amounted to $622 per unit, increasing by 610% against the previous year. In general, the export price recorded modest growth. Over the period under review, the average export prices reached the peak figure at $2,242 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($0.5 per unit), while the average price for exports to the United Arab Emirates (less than $0.1 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 Luxembourg (+43.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydraulic Cylinder and System in Azerbaijan
For the fourth consecutive year, Azerbaijan recorded growth in purchases abroad of hydraulic cylinders and systems, which increased by 5.5% to 4.5K units in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 35%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, hydraulic cylinder and system imports contracted dramatically to $4.1M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of $6M, and then contracted markedly in the following year.
| Import of Hydraulic Cylinder and System in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,933 | 1,344 | 1,025 | 1,238 | -13.8% |
| Norway | 525 | 253 | 401 | 772 | 13.7% |
| China | 130 | 250 | 356 | 484 | 55.0% |
| Turkey | 180 | 271 | 107 | 292 | 17.5% |
| Denmark | 348 | 430 | 456 | 283 | -6.7% |
| Russia | 136 | 52.3 | 474 | 198 | 13.3% |
| Germany | 194 | 288 | 211 | 112 | -16.7% |
| Netherlands | 106 | 87.5 | 112 | 94.9 | -3.6% |
| Belarus | 11.3 | 15.2 | 78.0 | 77.5 | 90.0% |
| United Arab Emirates | 51.4 | 306 | 27.6 | 14.9 | -33.8% |
| Ukraine | 37.9 | 44.9 | 43.9 | 14.0 | -28.2% |
| Others | 577 | 1,398 | 2,708 | 548 | -1.7% |
| Total | 4,229 | 4,740 | 5,999 | 4,128 | -0.8% |
Top Suppliers of Hydraulic Cylinder and System to Azerbaijan in 2022:
- China (9.2M units)
- Turkey (4.6M units)
- Russia (2.3M units)
- Netherlands (1.5M units)
- United States (0.8M units)
- Germany (0.8M units)
- Norway (0.8M units)
- Denmark (0.7M units)
- Belarus (0.6M units)
- Ukraine (0.4M units)
- United Arab Emirates (0.3M units)
Exports of Hydraulic Cylinder and System in Azerbaijan
In 2022, the amount of hydraulic cylinders and systems exported from Azerbaijan rose slightly to 698 units, surging by 4.2% against 2021 figures. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 733%. As a result, the exports reached the peak of 1K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, hydraulic cylinder and system exports surged to $434K in 2022. Over the period under review, exports enjoyed significant growth. Over the period under review, the exports hit record highs at $1M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Hydraulic Cylinder and System in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 3.5 | N/A | N/A | 256 | 318.2% |
| United Kingdom | 6.4 | 692 | 12.6 | 78.0 | 130.1% |
| United States | 67.9 | 27.5 | 5.3 | 30.5 | -23.4% |
| Luxembourg | 2.8 | 223 | 13.4 | 17.6 | 84.6% |
| United Arab Emirates | N/A | N/A | N/A | 12.3 | 0% |
| Hong Kong SAR | 3.2 | 43.3 | 1.9 | 10.3 | 47.6% |
| Iran | N/A | N/A | 19.5 | N/A | 0% |
| Others | 57.4 | 23.2 | 6.0 | 29.2 | -20.2% |
| Total | 141 | 1,009 | 58.7 | 434 | 45.5% |
Top Export Markets for Hydraulic Cylinder and System from Azerbaijan in 2022:
- Norway (2539.7K units)
- United Arab Emirates (543.3K units)
- United Kingdom (406.5K units)
- Luxembourg (93.4K units)
- Hong Kong SAR (76.6K units)
- United States (59.2K units)
This report provides an in-depth analysis of the market for hydraulic cylinder and system 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 28121130 - Hydraulic cylinders
- Prodcom 28121630 - Hydraulic systems (power packs with actuators)
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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