Report Update Nov 1, 2024

Azerbaijan - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Smoothing Iron Market 2024

Smoothing Iron Market Size in Azerbaijan

The Azerbaijani smoothing iron market skyrocketed to $X in 2021, surging by 25% 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). Over the period under review, consumption enjoyed a significant increase. Smoothing iron consumption peaked in 2021 and is expected to retain growth in the near future.

Smoothing Iron Exports

Exports from Azerbaijan

Smoothing iron exports from Azerbaijan soared to X units in 2021, jumping by 6,042% on the previous year. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, smoothing iron exports soared to $X in 2021. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Georgia (X units), Russia (X units) and Turkey (X units) were the main destinations of smoothing iron exports from Azerbaijan, with a combined 97% share of total exports.

From 2013 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Georgia (with a CAGR of +2,316.6%), while the other leaders experienced more modest paces of growth.

In value terms, Georgia ($X), Russia ($X) and Cuba ($X) were the largest markets for smoothing iron exported from Azerbaijan worldwide, with a combined 94% share of total exports.

Georgia, with a CAGR of +2,688.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average smoothing iron export price stood at $X per unit in 2021, dropping by -62.4% against the previous year. In general, the export price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 145%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then shrank sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Cuba ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+66.2%), while the prices for the other major destinations experienced more modest paces of growth.

Smoothing Iron Imports

Imports into Azerbaijan

In 2021, supplies from abroad of electric smoothing irons was finally on the rise to reach X units after two years of decline. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2016 with an increase of 291% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, smoothing iron imports skyrocketed to $X in 2021. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 408% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest smoothing iron supplier to Azerbaijan, accounting for a 78% share of total imports. Moreover, smoothing iron imports from China exceeded the figures recorded by the second-largest supplier, France (X units), tenfold. Hungary (X units) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +84.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+79.8% per year) and Hungary (+133.3% per year).

In value terms, the largest smoothing iron suppliers to Azerbaijan were China ($X), France ($X) and Indonesia ($X), with a combined 83% share of total imports.

France, with a CAGR of +141.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average smoothing iron import price stood at $X per unit in 2021, growing by 11% against the previous year. In general, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 49% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Indonesia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric smoothing irons in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together accounting for 41% of global consumption.

What are the largest producers of electric smoothing irons in the world?

China remains the largest smoothing iron producing country worldwide, accounting for 64% of total volume. Moreover, smoothing iron production in China exceeded the figures recorded by the second-largest producer, the United States, ninefold. Indonesia ranked third in terms of total production with a 5.3% share.

What are the leading suppliers of electric smoothing irons to Azerbaijan?

In value terms, China constituted the largest supplier of smoothing iron to Azerbaijan, comprising 53% of total imports. The second position in the ranking was occupied by Indonesia, with a 12% share of total imports. It was followed by Russia, with a 10% share.

What are the leading importers of electric smoothing irons from Azerbaijan?

In value terms, Georgia and Russia appeared to be the largest markets for smoothing iron exported from Azerbaijan worldwide.

What is the average export price for electric smoothing irons in Azerbaijan?

The average smoothing iron export price stood at $20 per unit in 2021, waning by -56% against the previous year.

What is the average import price for electric smoothing irons in Azerbaijan?

The average smoothing iron import price stood at $18 per unit in 2021, picking up by 6.3% against the previous year.

This report provides an in-depth analysis of the smoothing iron 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 27512370 - Electric smoothing irons

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023