Azerbaijan: Camping Equipment Market 2024

Camping Equipment Market Size in Azerbaijan

In 2022, the Azerbaijani camping equipment market increased by X% to $X, rising for the third year in a row after three years of decline. In general, consumption posted a buoyant increase. Camping equipment consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Camping Equipment Production in Azerbaijan

In value terms, camping equipment production declined slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a mild shrinkage. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Camping Equipment Exports

Exports from Azerbaijan

In 2022, shipments abroad of camping goods was finally on the rise to reach X kg after two years of decline. Overall, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, camping equipment exports fell sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Qatar (X kg) was the main destination for camping equipment exports from Azerbaijan, with a X% share of total exports. Moreover, camping equipment exports to Qatar exceeded the volume sent to the second major destination, the UK (X kg), threefold. The third position in this ranking was taken by Germany (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Germany (X% per year).

In value terms, the UK ($X) emerged as the key foreign market for camping goods exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Georgia ($X), with an X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Germany (X% per year).

Export Prices by Country

The average camping equipment export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Qatar ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Camping Equipment Imports

Imports into Azerbaijan

In 2022, supplies from abroad of camping goods increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, camping equipment imports contracted to $X in 2022. In general, imports enjoyed a pronounced increase. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), China (X tons) and Iran (X tons) were the main suppliers of camping equipment imports to Azerbaijan, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest camping equipment suppliers to Azerbaijan were Turkey ($X), China ($X) and Iran ($X), with a combined X% share of total imports.

Among the main suppliers, Iran, with a CAGR of X%, saw the highest rates of growth with regard to 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 camping equipment import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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