Azerbaijan: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in Azerbaijan

The Azerbaijani plastic sanitary ware market reduced to $X in 2022, shrinking by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Plastic Sanitary Ware Production in Azerbaijan

In value terms, plastic sanitary ware production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Plastic sanitary ware production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Plastic Sanitary Ware Exports

Exports from Azerbaijan

In 2022, after two years of growth, there was significant decline in shipments abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware, when their volume decreased by X% to X units. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, plastic sanitary ware exports fell sharply to $X in 2022. In general, exports recorded a perceptible slump. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X units) was the main destination for plastic sanitary ware exports from Azerbaijan, accounting for a X% share of total exports. Moreover, plastic sanitary ware exports to Turkey exceeded the volume sent to the second major destination, Russia (X units), sevenfold. The third position in this ranking was held by Iran (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Iran (X% per year).

In value terms, Turkey ($X) emerged as the key foreign market for plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports. It was followed by Russia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Russia (X% per year).

Export Prices by Country

The average plastic sanitary ware export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Iran ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Sanitary Ware Imports

Imports into Azerbaijan

In 2022, imports of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware into Azerbaijan reduced to X units, with a decrease of X% against 2021. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, plastic sanitary ware imports shrank to $X in 2022. Overall, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China (X units), Turkey (X units) and Iran (X units) were the main suppliers of plastic sanitary ware imports to Azerbaijan, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Germany ($X) were the largest plastic sanitary ware suppliers to Azerbaijan, together comprising X% of total imports. Iran, Uzbekistan and Russia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Iran, with a CAGR of X%, recorded the highest growth rate of 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

The average plastic sanitary ware import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Russia ($X per unit), while the price for Iran ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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