Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Azerbaijan - 2023

Contents:

1. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Azerbaijan (CIF) - 2022
2. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Azerbaijan (FOB) - 2022
3. Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Azerbaijan
4. Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Azerbaijan

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Azerbaijan (CIF) - 2022

In 2022, the average import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $25,618 per ton, growing by 57% against the previous year. Over the period under review, the import price saw resilient growth. The pace of growth appeared the most rapid in 2014 an increase of 130% against the previous year. As a result, import price attained the peak level of $55,431 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($310,134 per ton), while the price for Russia ($11,678 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Azerbaijan (FOB) - 2022

In 2022, the average export price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $19,040 per ton, rising by 505% against the previous year. Over the period under review, the export price, however, faced a deep contraction. Over the period under review, the average export prices attained the peak figure at $139,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Ireland ($65,000 per ton), while the average price for exports to Georgia amounted to $17,125 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+5.0%).

Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Azerbaijan

In 2022, supplies from abroad of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds decreased by -29% to 24 tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 8.6% against the previous year. As a result, imports reached the peak of 35 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds rose sharply to $616K in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 14%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated to Azerbaijan in 2022:

1. China (11.6 tons)
2. Turkey (6.3 tons)
3. Russia (2.9 tons)
4. Germany (0.9 tons)
5. Switzerland (0.5 tons)
6. United States (0.4 tons)
7. India (0.2 tons)

Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Azerbaijan

In 2022, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds from Azerbaijan contracted remarkably to 25 kg, with a decrease of -97.8% against the previous year's figure. Overall, exports recorded a precipitous setback.

In value terms, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds dropped rapidly to $476 in 2022. In general, exports faced a dramatic slump.

Top Export Markets for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated from Azerbaijan in 2022:

1. Georgia (24.0 kg)
2. Ireland (1.0 kg)

Source: IndexBox Market Intelligence Platform