Price for Tugs and Pusher Craft in Azerbaijan - 2023

Contents:

1. Price for Tugs and Pusher Craft in Azerbaijan (CIF) - 2022
2. Imports of Tugs and Pusher Craft in Azerbaijan

Price for Tugs and Pusher Craft in Azerbaijan (CIF) - 2022

In 2022, the average tugs and pusher craft import price amounted to $2,569,913 per unit, picking up by 1,229% against the previous year. In general, the import price posted a significant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 1,723% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,218,790 per unit), while the price for Russia amounted to $41,309 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+295.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Tugs and Pusher Craft in Azerbaijan

In 2022, after three years of growth, there was significant decline in supplies from abroad of tugs and pusher crafts, when their volume decreased by -80% to 5 units. Overall, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 425%. Imports peaked at 25 units in 2021, and then contracted remarkably in the following year.

In value terms, tugs and pusher craft imports soared to $13M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 854% against the previous year. As a result, imports attained the peak of $21M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Tugs and Pusher Craft to Azerbaijan in 2022:

1. China (3.0 units)
2. Russia (2.0 units)

Source: IndexBox Market Intelligence Platform