Azerbaijan - Instruments And Apparatus For Measuring Or Checking Pressure Of Liquids Or Gasses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTest and Measurement Price in Azerbaijan - 2023
Contents:
- Test and Measurement Price in Azerbaijan (CIF) - 2022
- Test and Measurement Price in Azerbaijan (FOB) - 2022
- Test and Measurement Imports in Azerbaijan
- Test and Measurement Exports in Azerbaijan
Test and Measurement Price in Azerbaijan (CIF) - 2022
The average test and measurement import price stood at $50 per unit in 2022, increasing by 7.6% against the previous year. Overall, the import price, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 68%. Over the period under review, average import prices reached the peak figure at $287 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($387 per unit), while the price for China ($5.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.2%), while the prices for the other major suppliers experienced a decline.
Test and Measurement Price in Azerbaijan (FOB) - 2022
The average test and measurement export price stood at $476 per unit in 2022, falling by -76.1% against the previous year. Over the period under review, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 129% against the previous year. The export price peaked at $1,988 per unit in 2021, and then fell significantly in the following year.
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 Norway ($893 per unit), while the average price for exports to Belgium ($138 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 Switzerland (+119.9%), while the prices for the other major destinations experienced more modest paces of growth.
Test and Measurement Imports in Azerbaijan
In 2022, test and measurement imports into Azerbaijan surged to 170K units, picking up by 15% on 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +54.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 40% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, test and measurement imports surged to $8.5M in 2022. Overall, imports posted a perceptible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 103% against the previous year. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Test and Measurement in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,307 | 2,585 | 774 | 1,643 | 7.9% |
Germany | 1,492 | 1,259 | 1,672 | 1,575 | 1.8% |
Japan | 88.3 | 2,244 | 140 | 983 | 123.3% |
China | 244 | 214 | 375 | 494 | 26.5% |
Italy | 166 | 915 | 678 | 418 | 36.0% |
Poland | 160 | 107 | 110 | 387 | 34.2% |
Turkey | 169 | 293 | 221 | 282 | 18.6% |
Bulgaria | 5.4 | 1.5 | 52.5 | 119 | 180.4% |
Russia | 136 | 224 | 245 | 71.1 | -19.4% |
Others | 3,846 | 7,618 | 2,572 | 2,494 | -13.4% |
Total | 7,614 | 15,461 | 6,839 | 8,464 | 3.6% |
Top Suppliers of Test and Measurement to Azerbaijan in 2022:
- China (87.1K units)
- Turkey (40.6K units)
- Russia (9.5K units)
- Poland (5.3K units)
- Bulgaria (4.9K units)
- Japan (4.1K units)
- Germany (4.1K units)
- Italy (2.0K units)
- United States (1.0K units)
Test and Measurement Exports in Azerbaijan
In 2022, shipments abroad of instruments and apparatus for measuring or checking pressure of liquids or gasses increased by 14% to 225 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a significant decline. Over the period under review, the exports attained the peak figure at 889 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, test and measurement exports reduced dramatically to $107K in 2022. In general, exports, however, continue to indicate a dramatic downturn. The smallest decline of -7.7% was in 2021. The exports peaked at $880K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Test and Measurement in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 281 | 74.9 | 85.4 | 39.2 | -48.1% |
Germany | N/A | N/A | N/A | 19.2 | 0% |
Turkey | 0.6 | N/A | 1.9 | 11.4 | 166.8% |
United States | 203 | 320 | 251 | 8.1 | -65.8% |
United Arab Emirates | N/A | N/A | N/A | 6.6 | 0% |
Denmark | 1.5 | N/A | N/A | 3.3 | 30.1% |
Netherlands | N/A | 12.4 | 0.8 | 2.8 | -52.5% |
Belgium | N/A | 8.8 | N/A | 2.8 | -43.6% |
Russia | 197 | 0.3 | 4.5 | 2.4 | -77.0% |
Norway | 94.9 | 0.1 | N/A | 1.8 | -73.3% |
Kazakhstan | 47.8 | 8.8 | 36.4 | N/A | -12.7% |
Others | 54.9 | 1.7 | 14.0 | 9.5 | -44.3% |
Total | 880 | 427 | 394 | 107 | -50.5% |
Top Export Markets for Test and Measurement from Azerbaijan in 2022:
- United Kingdom (79.0 units)
- Germany (57.0 units)
- Belgium (20.0 units)
- Turkey (18.0 units)
- United Arab Emirates (16.0 units)
- Netherlands (10.0 units)
- Denmark (5.0 units)
- Russia (5.0 units)
- Norway (2.0 units)
- United States (1.0 units)
This report provides an in-depth analysis of the test and measurement 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 26515271 - Electronic pressure gauges, sensors, indicators and transmitters
- Prodcom 26515274 - Non-electronic spiral or metal diaphragm type pressure gauges
- Prodcom 26515279 - Other instruments for measuring or checking pressure: others
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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Explore the top import markets for test and measurement equipment, including the United States, China, Germany, and more. Learn about the key statistics and data from the IndexBox market intelligence platform.
Global test and measurement imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
Global test and measurement imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
In value terms, instruments and apparatus for physical and chemical analysis imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increase...
In value terms, measuring and checking instruments, appliances and machines imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased ...
In value terms, instruments and apparatus for physical and chemical analysis exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; ho...
In value terms, measuring and checking instruments, appliances and machines exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at ...
Explore the top import markets for test and measurement equipment, including the United States, China, Germany, and more. Learn about the key statistics and data from the IndexBox market intelligence platform.
Global test and measurement imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
Global test and measurement imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...