Azerbaijan: Photographic Film Market 2024

Photographic Film Market Size in Azerbaijan

The Azerbaijani photographic film market rose remarkably to $X in 2021, growing by 8.5% 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 showed a perceptible increase. Photographic film consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Photographic Film Exports

Exports from Azerbaijan

In 2021, approx. X square meters of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed were exported from Azerbaijan; picking up by 12% against 2020. Overall, exports posted prominent growth. The most prominent rate of growth was recorded in 2015 when exports increased by 185%. Over the period under review, the exports attained the peak figure at X square meters in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, photographic film exports expanded slightly to $X in 2021. Over the period under review, exports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2015 with an increase of 129% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Georgia (X square meters) was the main destination for photographic film exports from Azerbaijan, with a 99% share of total exports. It was followed by Turkey (X square meters), with a 0.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia stood at +11.9%.

In value terms, Georgia ($X) remains the key foreign market for photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed exports from Azerbaijan, comprising 95% of total exports. The second position in the ranking was taken by Turkey ($X), with a 5.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Georgia amounted to +10.1%.

Export Prices by Country

The average photographic film export price stood at $X per square meter in 2021, which is down by -8.3% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 an increase of 118%. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per square meter), while the average price for exports to Georgia totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (-0.9%), while the prices for the other major destinations experienced a decline.

Photographic Film Imports

Imports into Azerbaijan

Photographic film imports into Azerbaijan rose sharply to X square meters in 2021, with an increase of 13% against 2020 figures. In general, imports, however, showed a mild decline. The most prominent rate of growth was recorded in 2014 with an increase of 143%. Imports peaked at X square meters in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, photographic film imports expanded notably to $X in 2021. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 98% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X square meters) constituted the largest photographic film supplier to Azerbaijan, accounting for a 46% share of total imports. Moreover, photographic film imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), fourfold. The third position in this ranking was held by Bulgaria (X square meters), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-5.2% per year) and Bulgaria (+152.3% per year).

In value terms, Bulgaria ($X), China ($X) and Lithuania ($X) appeared to be the largest photographic film suppliers to Azerbaijan, with a combined 43% share of total imports.

Among the main suppliers, Bulgaria, with a CAGR of +52.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average photographic film import price amounted to $X per square meter, reducing by -7.2% against the previous year. In general, the import price, however, saw a resilient increase. The growth pace was the most rapid in 2013 when the average import price increased by 95% against the previous year. The import price peaked at $X per square meter in 2020, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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