Azerbaijan - Toothpaste, Denture Cleaners and Other Dentifrices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAzerbaijan: Toothpaste Market 2024
Toothpaste Market Size in Azerbaijan
The Azerbaijani toothpaste market expanded rapidly to $X in 2021, with an increase of 8.8% 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 posted a prominent expansion. Toothpaste consumption peaked in 2021 and is expected to retain growth in the immediate term.
Toothpaste Exports
Exports from Azerbaijan
For the fifth year in a row, Azerbaijan recorded decline in shipments abroad of toothpaste, denture cleaners and other dentifrices, which decreased by -42.7% to X kg in 2021. Overall, exports continue to indicate a mild downturn. The growth pace was the most rapid in 2016 with an increase of 3,690% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
In value terms, toothpaste exports plummeted to $X in 2021. Over the period under review, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2016 when exports increased by 2,938% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Russia (X kg) was the main destination for toothpaste exports from Azerbaijan, with a 97% share of total exports. Moreover, toothpaste exports to Russia exceeded the volume sent to the second major destination, Georgia (X kg), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume to Russia was relatively modest.
In value terms, Russia ($X) emerged as the key foreign market for toothpaste, denture cleaners and other dentifrices exports from Azerbaijan, comprising 96% of total exports. The second position in the ranking was held by Georgia ($X), with a 4% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Russia was relatively modest.
Export Prices by Country
The average toothpaste export price stood at $X per ton in 2021, growing by 14% against the previous year. In general, the export price posted a buoyant expansion. The growth pace was the most rapid in 2018 an increase of 123% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.
Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was Georgia ($X per ton), while the average price for exports to Russia stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (-3.1%).
Toothpaste Imports
Imports into Azerbaijan
Toothpaste imports into Azerbaijan was estimated at X tons in 2021, picking up by 4.9% on the previous year's figure. Overall, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of 289%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.
In value terms, toothpaste imports expanded significantly to $X in 2021. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 317% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.
Imports by Country
In 2021, China (X tons) constituted the largest toothpaste supplier to Azerbaijan, accounting for a 40% share of total imports. Moreover, toothpaste imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold. Slovakia (X tons) ranked third in terms of total imports with a 7.9% share.
From 2012 to 2021, the average annual growth rate of volume from China totaled +72.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+15.3% per year) and Slovakia (+9.8% per year).
In value terms, China ($X) constituted the largest supplier of toothpaste, denture cleaners and other dentifrices to Azerbaijan, comprising 29% of total imports. The second position in the ranking was held by Russia ($X), with a 13% share of total imports. It was followed by Slovakia, with a 12% share.
From 2012 to 2021, the average annual growth rate of value from China stood at +74.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+35.4% per year) and Slovakia (+35.7% per year).
Import Prices by Country
The average toothpaste import price stood at $X per ton in 2021, surging by 4.6% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 44%. The import price peaked in 2021 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for Turkey ($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 UK (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the toothpaste 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 20421850 - Dentifrices (including toothpaste, denture cleaners)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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