Azerbaijan: Office Supply Market 2024

Office Supply Market Size in Azerbaijan

The Azerbaijani office supply market soared to $X in 2022, increasing by 26% 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). In general, consumption enjoyed a remarkable increase. Over the period under review, the market attained the peak level at $X in 2017; afterwards, it flattened through to 2022.

Office Supply Exports

Exports from Azerbaijan

For the fourth consecutive year, Azerbaijan recorded decline in overseas shipments of office or school supplies of plastics, which decreased by -67.4% to X kg in 2022. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 302% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, office supply exports dropped sharply to $X in 2022. Over the period under review, exports showed a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of 149%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X kg), Malaysia (X kg) and Angola (X kg) were the main destinations of office supply exports from Azerbaijan, together accounting for 66% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +39.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for office supply exported from Azerbaijan were the UK ($X), Malaysia ($X) and the Netherlands ($X), with a combined 58% share of total exports. Moreover, office supply exports in the UK exceeded the figures recorded by the second-largest exporter, Malaysia, twofold.

The UK, with a CAGR of +18.0%, saw the highest growth rate of the value of exports, among 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

In 2022, the average office supply export price amounted to $X per ton, increasing by 39% against the previous year. Over the period under review, the export price posted a moderate increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 78%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 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 United States ($X per ton), while the average price for exports to Malaysia ($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 Georgia (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Office Supply Imports

Imports into Azerbaijan

In 2022, the amount of office or school supplies of plastics imported into Azerbaijan skyrocketed to X tons, increasing by 17% against the previous year's figure. Overall, imports saw a resilient increase. The growth pace was the most rapid in 2016 with an increase of 85% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, office supply imports surged to $X in 2022. In general, imports showed a remarkable increase. The pace of growth was the most pronounced in 2016 when imports increased by 103%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest office supply supplier to Azerbaijan, accounting for a 73% share of total imports. Moreover, office supply imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. Ukraine (X tons) ranked third in terms of total imports with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+6.6% per year) and Ukraine (+35.6% per year).

In value terms, China ($X) constituted the largest supplier of office or school supplies of plastics to Azerbaijan, comprising 68% of total imports. The second position in the ranking was taken by Turkey ($X), with a 20% share of total imports. It was followed by Ukraine, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +31.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+9.8% per year) and Ukraine (+19.2% per year).

Import Prices by Country

In 2022, the average office supply import price amounted to $X per ton, rising by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2018 an increase of 43%. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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