Azerbaijan: Room Deodorants Market 2024

Room Deodorants Market Size in Azerbaijan

The Azerbaijani room deodorants market rose significantly to $X in 2022, surging by 7.1% 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 continues to indicate a prominent expansion. Room deodorants consumption peaked in 2022 and is expected to retain growth in years to come.

Room Deodorants Exports

Exports from Azerbaijan

In 2022, the amount of preparations for perfuming or deodorising rooms exported from Azerbaijan surged to X kg, growing by 382% on the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 2,918% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, room deodorants exports surged to $X in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2019 with an increase of 10,335%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan (X kg), Turkey (X kg) and Russia (X kg) were the main destinations of room deodorants exports from Azerbaijan, together comprising 54% of total exports.

From 2013 to 2022, the biggest increases were recorded for Russia (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X) emerged as the key foreign market for preparations for perfuming or deodorising rooms exports from Azerbaijan, comprising 67% of total exports. The second position in the ranking was taken by Turkey ($X), with a 1.8% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-17.6% per year) and Kazakhstan (0.0% per year).

Export Prices by Country

The average room deodorants export price stood at $X per ton in 2022, increasing by 191% against the previous year. Over the period under review, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2019 an increase of 246%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-2.7%).

Room Deodorants Imports

Imports into Azerbaijan

Room deodorants imports into Azerbaijan was estimated at X tons in 2022, leveling off at the previous year's figure. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.1% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, room deodorants imports expanded notably to $X in 2022. In general, imports saw a resilient expansion. The growth pace was the most rapid in 2015 with an increase of 75%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Turkey (X tons), Russia (X tons) and Poland (X tons) were the main suppliers of room deodorants imports to Azerbaijan, with a combined 91% share of total imports. China, Uzbekistan, the UK and Ukraine lagged somewhat behind, together comprising a further 4.6%.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +281.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Russia ($X) and Poland ($X) constituted the largest room deodorants suppliers to Azerbaijan, together comprising 79% of total imports. China, the UK, Uzbekistan and Ukraine lagged somewhat behind, together accounting for a further 7.5%.

Uzbekistan, with a CAGR of +294.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average room deodorants import price amounted to $X per ton, rising by 11% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 71% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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