Azerbaijan: Powder-Puffs And Pads Market 2024

Powder-Puffs And Pads Market Size in Azerbaijan

The Azerbaijani powder-puffs and pads market fell dramatically to $X in 2021, declining by -18.6% 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, however, continues to indicate prominent growth. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Powder-Puffs And Pads Exports

Exports from Azerbaijan

In 2021, overseas shipments of powder-puffs and pads for the application of cosmetics or toilet preparations increased by 13% to X kg, rising for the second year in a row after two years of decline. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2017 with an increase of 1,009%. As a result, the exports reached the peak of X kg. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, powder-puffs and pads exports expanded rapidly to $X in 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 632% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X kg) was the main destination for powder-puffs and pads exports from Azerbaijan, accounting for a 99% share of total exports. It was followed by Georgia (X kg), with a 1.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to South Korea totaled +45.4%.

In value terms, South Korea ($X) emerged as the key foreign market for powder-puffs and pads for the application of cosmetics or toilet preparations exports from Azerbaijan, comprising 98% of total exports. The second position in the ranking was held by Georgia ($X), with a 1.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to South Korea stood at +38.8%.

Export Prices by Country

The average powder-puffs and pads export price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 46%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Georgia ($X per ton), while the average price for exports to South Korea totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+32.9%), while the prices for the other major destinations experienced a decline.

Powder-Puffs And Pads Imports

Imports into Azerbaijan

In 2021, approx. X tons of powder-puffs and pads for the application of cosmetics or toilet preparations were imported into Azerbaijan; declining by -21.8% compared with the previous year. In general, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of 663%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, powder-puffs and pads imports reduced to $X in 2021. Over the period under review, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2016 when imports increased by 836% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest powder-puffs and pads supplier to Azerbaijan, accounting for a 66% share of total imports. Moreover, powder-puffs and pads imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by the Netherlands (X kg), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+87.8% per year) and the Netherlands (+46.7% per year).

In value terms, the United Arab Emirates ($X), China ($X) and the Netherlands ($X) were the largest powder-puffs and pads suppliers to Azerbaijan, together comprising 77% of total imports.

Among the main suppliers, China, with a CAGR of +68.1%, 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

The average powder-puffs and pads import price stood at $X per ton in 2021, rising by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 24%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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