Report Update Nov 1, 2024

Azerbaijan - Perfumed Bath Salts and Other Bath Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Bath Preparations Market 2024

Bath Preparations Market Size in Azerbaijan

In 2021, the Azerbaijani bath preparations market increased by 25% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +64.5% against 2019 indices. Bath preparations consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Bath Preparations Exports

Exports from Azerbaijan

In 2021, overseas shipments of perfumed bath salts and other bath preparations decreased by -16.7% to X kg, falling for the seventh consecutive year after three years of growth. In general, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 when exports increased by 171% against the previous year. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, bath preparations exports shrank significantly to $X in 2021. Overall, exports, however, saw a modest increase. The most prominent rate of growth was recorded in 2013 with an increase of 210%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Georgia (X kg) was the main destination for bath preparations exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia totaled -3.7%.

In value terms, Georgia ($X) also remains the key foreign market for perfumed bath salts and other bath preparations exports from Azerbaijan.

From 2012 to 2021, the average annual rate of growth in terms of value to Georgia was relatively modest.

Export Prices by Country

In 2021, the average bath preparations export price amounted to $X per ton, falling by -4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.9%. The pace of growth was the most pronounced in 2014 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, 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 Georgia.

From 2012 to 2021, the rate of growth in terms of prices for Georgia amounted to +4.9% per year.

Bath Preparations Imports

Imports into Azerbaijan

In 2021, supplies from abroad of perfumed bath salts and other bath preparations increased by 20% to X tons, rising for the second consecutive year after two years of decline. In general, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 47% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, bath preparations imports skyrocketed to $X in 2021. Overall, total imports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +66.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 33% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Iran (X tons), Russia (X tons) and Ukraine (X tons) were the main suppliers of bath preparations imports to Azerbaijan, together accounting for 71% of total imports.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +79.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of perfumed bath salts and other bath preparations to Azerbaijan, comprising 25% of total imports. The second position in the ranking was held by Ukraine ($X), with a 9% share of total imports. It was followed by Iran, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to +22.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+76.1% per year) and Iran (+3.5% per year).

Import Prices by Country

The average bath preparations import price stood at $X per ton in 2021, with an increase of 7.6% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2013 an increase of 11% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+10.7%), 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 perfumed bath salts and other bath preparations in the world?

China remains the largest bath preparations consuming country worldwide, accounting for 22% of total volume. Moreover, bath preparations consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.1% share.

What are the largest producers of perfumed bath salts and other bath preparations in the world?

The country with the largest volume of bath preparations production was China, comprising approx. 28% of total volume. Moreover, bath preparations production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 9.3% share.

What are the leading suppliers of perfumed bath salts and other bath preparations to Azerbaijan?

In value terms, Russia constituted the largest supplier of bath preparations to Azerbaijan, comprising 38% of total imports. The second position in the ranking was occupied by Iran, with a 13% share of total imports. It was followed by Ukraine, with a 12% share.

What is the average export price for perfumed bath salts and other bath preparations in Azerbaijan?

The average bath preparations export price stood at $3,404 per ton in 2020, therefore, remained relatively stable against the previous year.

What is the average import price for perfumed bath salts and other bath preparations in Azerbaijan?

The average bath preparations import price stood at $1,712 per ton in 2020, reducing by -5.8% against the previous year.

This report provides an in-depth analysis of the bath preparations 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 20421975 - Perfumed bath salts and other bath preparations

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