Azerbaijan: Exercise Book Market 2025

Exercise Book Market Size in Azerbaijan

In 2022, after two years of decline, there was significant growth in the Azerbaijani exercise book market, when its value increased by 90% to $X. Overall, consumption posted a buoyant increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Exercise Book Exports

Exports from Azerbaijan

In 2022, exercise book exports from Azerbaijan dropped to X kg, waning by -12.9% compared with 2021 figures. Over the period under review, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2019 when exports increased by 6,170% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, exercise book exports contracted to $X in 2022. In general, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 4,077%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X kg) was the main destination for exercise book exports from Azerbaijan, with a 40% share of total exports. Moreover, exercise book exports to Turkey exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), threefold. The third position in this ranking was taken by South Korea (X kg), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey amounted to +13.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and South Korea (0.0% per year).

In value terms, the largest markets for exercise book exported from Azerbaijan were Turkey ($X), the United Arab Emirates ($X) and South Korea ($X), with a combined 62% share of total exports. Angola, Uzbekistan, Ghana and the UK lagged somewhat behind, together comprising a further 34%.

In terms of the main countries of destination, Angola, with a CAGR of +14.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average exercise book export price amounted to $X per ton, waning by -2.2% against the previous year. Over the period under review, the export price, however, posted temperate growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 48%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Turkey ($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 Israel (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Exercise Book Imports

Imports into Azerbaijan

In 2022, after two years of decline, there was significant growth in overseas purchases of exercise books, when their volume increased by 100% to X tons. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 564% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, exercise book imports skyrocketed to $X in 2022. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 406% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of exercise book to Azerbaijan, accounting for a 78% share of total imports. Moreover, exercise book imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +90.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+4.4% per year) and Turkey (+16.7% per year).

In value terms, China ($X) constituted the largest supplier of exercise books to Azerbaijan, comprising 68% of total imports. The second position in the ranking was taken by Russia ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +88.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+5.3% per year) and Turkey (+18.0% per year).

Import Prices by Country

The average exercise book import price stood at $X per ton in 2022, falling by -7.4% against the previous year. Overall, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2015 when the average import price increased by 55% against the previous year. The import price peaked at $X per ton 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 Russia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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