Azerbaijan - Iron Or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Azerbaijan - Iron Or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Metal Hot-Worked Helical Spring in Azerbaijan - 2023

Contents:

  1. Price for Metal Hot-Worked Helical Spring in Azerbaijan (CIF) - 2023
  2. Price for Metal Hot-Worked Helical Spring in Azerbaijan (FOB) - 2022
  3. Imports of Metal Hot-Worked Helical Spring in Azerbaijan
  4. Exports of Metal Hot-Worked Helical Spring in Azerbaijan

Price for Metal Hot-Worked Helical Spring in Azerbaijan (CIF) - 2023

In June 2023, the average metal hot-worked helical spring import price amounted to $4,709 per ton, waning by -40.4% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 347% month-to-month. As a result, import price reached the peak level of $25,218 per ton. From September 2022 to June 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 ($28,377 per ton), while the price for China ($1,595 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+18.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metal Hot-Worked Helical Spring in Azerbaijan (FOB) - 2022

The average metal hot-worked helical spring export price stood at $6,327 per ton in 2022, picking up by 39% against the previous year. Overall, the export price, however, recorded a precipitous contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 208%. As a result, the export price attained the peak level of $104,962 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($36,687 per ton), while the average price for exports to Georgia ($3,371 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 the Netherlands (+12.1%), while the prices for the other major destinations experienced a decline.

Imports of Metal Hot-Worked Helical Spring in Azerbaijan

In 2022, the amount of iron or steel hot-worked helical springs imported into Azerbaijan amounted to 420 tons, remaining relatively unchanged against 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 4.2% against the previous year. As a result, imports attained the peak of 446 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal hot-worked helical spring imports contracted to $1.5M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $1.6M, and then declined in the following year.

Import of Metal Hot-Worked Helical Spring in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey30737960758524.0%
Russia2144252362282.1%
China67.287.977.416635.2%
Germany10247.287.91164.4%
Others3263205984027.2%
Total1,0161,2591,6071,49713.8%

Top Suppliers of Metal Hot-Worked Helical Spring to Azerbaijan in 2022:

  1. Turkey (242.2 tons)
  2. Russia (80.9 tons)
  3. China (68.7 tons)
  4. Germany (14.3 tons)

Exports of Metal Hot-Worked Helical Spring in Azerbaijan

After three years of growth, overseas shipments of iron or steel hot-worked helical springs decreased by -87.8% to 856 kg in 2022. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 375%.

In value terms, metal hot-worked helical spring exports shrank remarkably to $5.4K in 2022. Overall, exports showed a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 6.8% against the previous year.

Export of Metal Hot-Worked Helical Spring in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GeorgiaN/A25.729.32.6-68.2%
RussiaN/AN/A0.21.6700.0%
NetherlandsN/A1.20.40.4-42.3%
Turkey32.01.0N/AN/A-96.9%
Others3.01.81.90.8-35.6%
Total35.029.831.85.4-46.4%

Top Export Markets for Metal Hot-Worked Helical Spring from Azerbaijan in 2022:

  1. Georgia (781.0 kg)
  2. Russia (43.0 kg)
  3. Netherlands (24.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal hot-worked helical spring 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 25931631 - Iron or steel hot-worked helical springs
  • Prodcom 25931633 - Iron or steel cold-formed helical coil compression springs
  • Prodcom 25931635 - Iron or steel cold-formed helical coil tension springs
  • Prodcom 25931637 - Iron or steel cold-formed helical springs (excluding helical coil compression springs, helical coil tension springs)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
Store
Blog
Event
Azerbaijan - Iron Or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 280

This report provides an in-depth analysis of the market for metal hot-worked helical spring in Azerbaijan.

Azerbaijan - Steel Springs And Leaves For Springs - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 264

This report provides an in-depth analysis of the steel spring market in Azerbaijan.

Azerbaijan - Iron Or Steel Leaf-Springs And Leaves - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 310

This report provides an in-depth analysis of the market for iron or steel leaf-spring and leave in Azerbaijan.

Azerbaijan - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 235

This report provides an in-depth analysis of the market for metal spiral or discs spring in Azerbaijan.

Azerbaijan - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 115

This report provides an in-depth analysis of the market for iron or steel leaf-spring in Azerbaijan.

World - Iron Or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 490

This report provides an in-depth analysis of the global market for metal hot-worked helical spring.

World - Steel Springs And Leaves For Springs - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 1424

This report provides an in-depth analysis of the global steel spring market.

World - Iron Or Steel Leaf-Springs And Leaves - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 342

This report provides an in-depth analysis of the global market for iron or steel leaf-spring and leave.

World - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 351

This report provides an in-depth analysis of the global market for metal spiral or discs spring.

World - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 367

This report provides an in-depth analysis of the global market for iron or steel leaf-spring.

World's Top Import Markets for Steel Spring
Jan 17, 2024
Eye 191

Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.

Which Country Imports the Most Steel Springs and Leaves in the World?
May 28, 2018
Eye 1036

Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...

Which Country Exports the Most Steel Springs and Leaves in the World?
May 28, 2018
Eye 1452

Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...

World's Top Import Markets for Steel Spring
Jan 17, 2024
Eye 191

Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.

Which Country Imports the Most Steel Springs and Leaves in the World?
May 28, 2018
Eye 1036

Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...

Which Country Exports the Most Steel Springs and Leaves in the World?
May 28, 2018
Eye 1452

Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...

Free Data: Iron or Steel Helical Springs - Azerbaijan