Product Code: ETC007997 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Azerbaijan Steel market currently, in 2023, has witnessed an HHI of 3163, Which has increased slightly as compared to the HHI of 1757 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The steel market in Azerbaijan is expected to witness an impressive CAGR of 8.4% during the forecast period (2020-2026). The increasing demand for infrastructure development and construction activities, coupled with increased investments in automotive industry are some of the key factors driving growth in the country?s steel market. Additionally, government initiatives such as ?Made in Azerbaijan? campaign focuses on developing the national economy and encouraging local production has led to a rise in domestic production of steel products. This has resulted in a sharp decline of import levels, thereby propelling sales within the country`s steel market.
To cater to burgeoning demand from various end use industries such as building & construction, automotive and agriculture etc., companies operating across this sector have been focusing on expanding their capacities through new product launches or capacity expansions over recent years. For instance, Azerdemiryol Bak? OJSC acquired two modernizing lines for beam mill from Primetals Technologies Austria GmbH which will increase its annual capacity by 100 thousand tons per year resulting into total output reaching up to 500 thousand tons annually. Moreover, numerous foreign investors have established joint ventures with local producers thus increasing competition among players.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Azerbaijan Steel Market Overview |
3.1 Azerbaijan Country Macro Economic Indicators |
3.2 Azerbaijan Steel Market Revenues & Volume, 2019 & 2026F |
3.3 Azerbaijan Steel Market - Industry Life Cycle |
3.4 Azerbaijan Steel Market - Porter's Five Forces |
3.5 Azerbaijan Steel Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Azerbaijan Steel Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.7 Azerbaijan Steel Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Azerbaijan Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Azerbaijan Steel Market Trends |
6 Azerbaijan Steel Market, By Types |
6.1 Azerbaijan Steel Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Azerbaijan Steel Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Azerbaijan Steel Market Revenues & Volume, By Flat Steel, 2016 - 2026F |
6.1.4 Azerbaijan Steel Market Revenues & Volume, By Long Steel, 2016 - 2026F |
6.2 Azerbaijan Steel Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Azerbaijan Steel Market Revenues & Volume, By Structural Steel, 2016 - 2026F |
6.2.3 Azerbaijan Steel Market Revenues & Volume, By Prestressing Steel, 2016 - 2026F |
6.2.4 Azerbaijan Steel Market Revenues & Volume, By Bright Steel, 2016 - 2026F |
6.2.5 Azerbaijan Steel Market Revenues & Volume, By Welding Wire/Rod, 2016 - 2026F |
6.2.6 Azerbaijan Steel Market Revenues & Volume, By Iron Steel Wire, 2016 - 2026F |
6.2.7 Azerbaijan Steel Market Revenues & Volume, By Ropes, 2016 - 2026F |
6.3 Azerbaijan Steel Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Azerbaijan Steel Market Revenues & Volume, By Building & Construction, 2016 - 2026F |
6.3.3 Azerbaijan Steel Market Revenues & Volume, By Electrical Appliances, 2016 - 2026F |
6.3.4 Azerbaijan Steel Market Revenues & Volume, By Metal Products, 2016 - 2026F |
6.3.5 Azerbaijan Steel Market Revenues & Volume, By Domestic Appliances, 2016 - 2026F |
6.3.6 Azerbaijan Steel Market Revenues & Volume, By Mechanical Equipment, 2016 - 2026F |
6.3.7 Azerbaijan Steel Market Revenues & Volume, By Automotive, 2016 - 2026F |
7 Azerbaijan Steel Market Import-Export Trade Statistics |
7.1 Azerbaijan Steel Market Export to Major Countries |
7.2 Azerbaijan Steel Market Imports from Major Countries |
8 Azerbaijan Steel Market Key Performance Indicators |
9 Azerbaijan Steel Market - Opportunity Assessment |
9.1 Azerbaijan Steel Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Azerbaijan Steel Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.3 Azerbaijan Steel Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Azerbaijan Steel Market - Competitive Landscape |
10.1 Azerbaijan Steel Market Revenue Share, By Companies, 2019 |
10.2 Azerbaijan Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |