Azerbaijan: Breathing Appliances Market 2024

Breathing Appliances Market Size in Azerbaijan

The Azerbaijani breathing appliances market soared to $X in 2022, growing by 36% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Breathing Appliances Exports

Exports from Azerbaijan

In 2022, approx. X units of breathing appliances and gas masks were exported from Azerbaijan; surging by 1,137% on 2021. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 1,170% against the previous year. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, breathing appliances exports soared to $X in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 1,357%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X units) was the main destination for breathing appliances exports from Azerbaijan, accounting for a 90% share of total exports. Moreover, breathing appliances exports to Denmark exceeded the volume sent to the second major destination, Georgia (X units), more than tenfold. The UK (X units) ranked third in terms of total exports with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume to Denmark amounted to +30.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+54.2% per year) and the UK (+27.4% per year).

In value terms, Denmark ($X) emerged as the key foreign market for breathing appliances and gas masks exports from Azerbaijan, comprising 76% of total exports. The second position in the ranking was taken by Georgia ($X), with a 7.9% share of total exports. It was followed by the UK, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value to Denmark amounted to +18.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+50.0% per year) and the UK (+38.4% per year).

Export Prices by Country

In 2022, the average breathing appliances export price amounted to $X per unit, which is down by -39.7% against the previous year. Overall, the export price, however, showed notable growth. The pace of growth was the most pronounced in 2019 an increase of 178%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained 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 the United States ($X per unit), while the average price for exports to Denmark ($X 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 Russia (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.

Breathing Appliances Imports

Imports into Azerbaijan

In 2022, the amount of breathing appliances and gas masks imported into Azerbaijan surged to X units, growing by 30% compared with 2021. Over the period under review, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of 128%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, breathing appliances imports skyrocketed to $X in 2022. Overall, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 128% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of breathing appliances to Azerbaijan, accounting for a 46% share of total imports. Moreover, breathing appliances imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X units), threefold. The Czech Republic (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+35.6% per year) and the Czech Republic (+373.3% per year).

In value terms, the largest breathing appliances suppliers to Azerbaijan were the Czech Republic ($X), Germany ($X) and Turkey ($X), together comprising 69% of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of +355.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average breathing appliances import price amounted to $X per unit, surging by 38% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 59% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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