Report Update Nov 1, 2024

Azerbaijan - Gin and Geneva - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Gin And Geneva Market 2024

Gin And Geneva Exports

Exports from Azerbaijan

In 2022, shipments abroad of gin and geneva decreased by 0% to X litres for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports recorded a prominent expansion. The growth pace was the most rapid in 2018 when exports increased by 157% against the previous year. As a result, the exports reached the peak of X litres. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, gin and geneva exports totaled $X in 2022. Overall, exports saw a noticeable setback. The pace of growth appeared the most rapid in 2018 with an increase of 197%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Estonia (X litres) was the main destination for gin and geneva exports from Azerbaijan, with a approx. 100% share of total exports.

From 2015 to 2022, the average annual growth rate of volume to Estonia was relatively modest.

From 2015 to 2022, the average annual rate of growth in terms of value to Estonia was relatively modest.

Export Prices by Country

In 2022, the average gin and geneva export price amounted to $X per litre, leveling off at the previous year. Over the period under review, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 16% against the previous year. The export price peaked at $X per litre in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to +15.7% per year.

Gin And Geneva Imports

Imports into Azerbaijan

In 2022, the amount of gin and geneva imported into Azerbaijan surged to X litres, with an increase of 53% on the previous year. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 451% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, gin and geneva imports surged to $X in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 434% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the UK (X litres) constituted the largest gin and geneva supplier to Azerbaijan, accounting for a 79% share of total imports. Moreover, gin and geneva imports from the UK exceeded the figures recorded by the second-largest supplier, Russia (X litres), sevenfold. The third position in this ranking was taken by Lithuania (X litres), with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK amounted to +61.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+363.9% per year) and Lithuania (+42.9% per year).

In value terms, the UK ($X) constituted the largest supplier of gin and geneva to Azerbaijan, comprising 87% of total imports. The second position in the ranking was held by Italy ($X), with a 2.8% share of total imports. It was followed by Russia, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value from the UK amounted to +72.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+35.6% per year) and Russia (+94.2% per year).

Import Prices by Country

In 2022, the average gin and geneva import price amounted to $X per litre, growing by 3.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 26%. The import price peaked at $X per litre in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per litre), while the price for Russia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.2%), 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 gin and geneva in the world?

The United States constituted the country with the largest volume of gin and geneva consumption, accounting for 78% of total volume. Moreover, gin and geneva consumption in the United States exceeded the figures recorded by the second-largest consumer, India, more than tenfold. The third position in this ranking was occupied by Japan, with a 1.8% share.

What are the largest producers of gin and geneva in the world?

The United States constituted the country with the largest volume of gin and geneva production, comprising approx. 77% of total volume. Moreover, gin and geneva production in the United States exceeded the figures recorded by the second-largest producer, the UK, more than tenfold. The third position in this ranking was occupied by India, with a 2.7% share.

What are the leading suppliers of gin and geneva to Azerbaijan?

In value terms, the UK constituted the largest supplier of gin and geneva to Azerbaijan, comprising 90% of total imports. The second position in the ranking was occupied by Turkey, with a 2.1% share of total imports.

What is the average export price for gin and geneva in Azerbaijan?

In 2016, the average gin and geneva export price amounted to $1.7 per litre, standing approx. at the previous year.

What is the average import price for gin and geneva in Azerbaijan?

The average gin and geneva import price stood at $6.3 per litre in 2021, shrinking by -30.3% against the previous year.

This report provides an in-depth analysis of the gin and geneva 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 11011050 - Gin and geneva (important: excluding alcohol duty)

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