Azerbaijan - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWire and Cable Price in Azerbaijan - 2023
Contents:
- Wire and Cable Price in Azerbaijan (CIF) - 2022
- Wire and Cable Price in Azerbaijan (FOB) - 2022
- Wire and Cable Imports in Azerbaijan
- Wire and Cable Exports in Azerbaijan
Wire and Cable Price in Azerbaijan (CIF) - 2022
The average wire and cable import price stood at $8,981 per ton in 2022, increasing by 14% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 44% against the previous year. As a result, import price reached the peak level of $12,114 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($33,884 per ton), while the price for Belarus ($3,818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Wire and Cable Price in Azerbaijan (FOB) - 2022
In 2022, the average wire and cable export price amounted to $5,038 per ton, shrinking by -11% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wire and cable export price increased by +39.0% against 2015 indices. The growth pace was the most rapid in 2016 an increase of 49% against the previous year. The export price peaked at $6,378 per ton 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($7,732 per ton), while the average price for exports to Togo ($2,910 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 Tajikistan (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Wire and Cable Imports in Azerbaijan
In 2022, the amount of insulated wire and cable imported into Azerbaijan fell to 5.9K tons, with a decrease of -9.6% on 2021 figures. In general, imports faced a abrupt curtailment. The smallest decline of -6.2% was in 2020.
In value terms, wire and cable imports amounted to $53M in 2022. Overall, imports continue to indicate a pronounced descent.
| Import of Wire and Cable in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 26.1 | 16.5 | 16.9 | 19.4 | -9.4% |
| China | 6.0 | 6.2 | 5.8 | 7.7 | 8.7% |
| United Kingdom | 1.5 | 3.2 | 5.3 | 4.0 | 38.7% |
| Russia | 3.2 | 2.8 | 4.7 | 3.9 | 6.8% |
| South Korea | 3.6 | 0.2 | 1.5 | 2.3 | -13.9% |
| Ukraine | 2.6 | 3.1 | 2.5 | 2.0 | -8.4% |
| Italy | 2.7 | 6.8 | 4.7 | 1.7 | -14.3% |
| Spain | 0.4 | 5.8 | 1.2 | 1.6 | 58.7% |
| Belarus | 0.5 | 0.5 | 0.5 | 0.9 | 21.6% |
| Others | 12.8 | 9.3 | 8.4 | 9.3 | -10.1% |
| Total | 59.5 | 54.3 | 51.3 | 52.7 | -4.0% |
Top Suppliers of Wire and Cable to Azerbaijan in 2022:
- Turkey (2764.1 tons)
- China (1209.3 tons)
- Russia (392.8 tons)
- Ukraine (307.6 tons)
- Spain (254.3 tons)
- Belarus (232.5 tons)
- South Korea (184.6 tons)
- United Kingdom (121.6 tons)
- Italy (98.6 tons)
Wire and Cable Exports in Azerbaijan
In 2022, wire and cable exports from Azerbaijan amounted to 986 tons, growing by 15% on the previous year. In general, exports, however, faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 68%.
In value terms, wire and cable exports amounted to $5M in 2022. Over the period under review, exports, however, showed a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 110%.
| Export of Wire and Cable in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 0.6 | N/A | 697 | 955 | 1067.6% |
| Kazakhstan | 7,177 | 1,292 | 1,832 | 918 | -49.6% |
| Turkmenistan | 485 | N/A | 0.2 | 824 | 19.3% |
| Georgia | 1,285 | 645 | 1,435 | 784 | -15.2% |
| Belarus | 387 | 0.4 | N/A | 661 | 19.5% |
| Tajikistan | 74.2 | N/A | 184 | 294 | 58.2% |
| Togo | N/A | N/A | N/A | 185 | 0% |
| Others | 686 | 374 | 712 | 348 | -20.2% |
| Total | 10,094 | 2,311 | 4,860 | 4,969 | -21.0% |
Top Export Markets for Wire and Cable from Azerbaijan in 2022:
- Ukraine (237.4 tons)
- Turkmenistan (194.0 tons)
- Georgia (160.9 tons)
- Belarus (143.2 tons)
- Kazakhstan (118.7 tons)
- Togo (63.7 tons)
- Tajikistan (60.0 tons)
This report provides an in-depth analysis of the wire and cable 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 27321130 -
- Prodcom 27321150 -
- Prodcom 27321200 - Insulated coaxial cables and other coaxial electric conductors for data and control purposes whether or not fitted with connectors
- Prodcom 27321340 - Other electric conductors, for a voltage . 1 .000 V, fitted with connectors
- Prodcom 27321380 - Other electric conductors, for a voltage . 1 .000 V, not fitted with connectors
- Prodcom 27321400 - Insulated electric conductors for voltage >1 .000 V (excluding winding wire, coaxial cable and other coaxial electric conductors, ignition and other wiring sets used in vehicles, a ircraft, ships)
- Prodcom 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
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
-
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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