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Azerbaijan - Inflatable Vessels for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAzerbaijan: Inflatable Vessel Market 2025
Inflatable Vessel Market Size in Azerbaijan
The Azerbaijani inflatable vessel market skyrocketed to $X in 2021, picking up by 38% 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). Overall, consumption showed a strong expansion. Inflatable vessel consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.
Inflatable Vessel Exports
Exports from Azerbaijan
For the fourth year in a row, Azerbaijan recorded decline in overseas shipments of inflatable vessels for pleasure or sports, which decreased by -16.7% to X units in 2021. Over the period under review, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by 450%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.
In value terms, inflatable vessel exports shrank modestly to $X in 2021. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 434%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
Exports by Country
Georgia (X units) was the main destination for inflatable vessel exports from Azerbaijan, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Georgia amounted to +5.8%.
In value terms, Georgia ($X) also remains the key foreign market for inflatable vessels for pleasure or sports exports from Azerbaijan.
From 2012 to 2021, the average annual growth rate of value to Georgia amounted to +47.1%.
Export Prices by Country
The average inflatable vessel export price stood at $X per unit in 2021, increasing by 12% against the previous year. Over the period under review, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2014 an increase of 985%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2012 to 2021, the rate of growth in terms of prices for Georgia amounted to +39.6% per year.
Inflatable Vessel Imports
Imports into Azerbaijan
Inflatable vessel imports into Azerbaijan soared to X units in 2021, rising by 30% compared with the previous year. Overall, imports showed a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 818% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.
In value terms, inflatable vessel imports skyrocketed to $X in 2021. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 487% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, the UK (X units) constituted the largest inflatable vessel supplier to Azerbaijan, with a 87% share of total imports. Moreover, inflatable vessel imports from the UK exceeded the figures recorded by the second-largest supplier, Russia (X units), more than tenfold. The third position in this ranking was taken by Spain (X units), with a 2.7% share.
From 2012 to 2021, the average annual growth rate of volume from the UK stood at +87.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-7.7% per year) and Spain (+13.0% per year).
In value terms, the UK ($X) constituted the largest supplier of inflatable vessels for pleasure or sports to Azerbaijan, comprising 84% of total imports. The second position in the ranking was taken by Spain ($X), with a 5.7% share of total imports. It was followed by Italy, with a 2% share.
From 2012 to 2021, the average annual rate of growth in terms of value from the UK stood at +77.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-2.5% per year) and Italy (-3.9% per year).
Import Prices by Country
The average inflatable vessel import price stood at $X per unit in 2021, picking up by 9.3% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2014 an increase of 33% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($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 Italy (+4.4%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the inflatable vessel 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 30121200 - Inflatable vessels for pleasure or sports
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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