Azerbaijan - Cosmetics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCosmetics Price in Azerbaijan - 2023
Contents:
- Cosmetics Price in Azerbaijan (CIF) - 2022
- Cosmetics Price in Azerbaijan (FOB) - 2022
- Cosmetics Imports in Azerbaijan
- Cosmetics Exports in Azerbaijan
Cosmetics Price in Azerbaijan (CIF) - 2022
In 2022, the average cosmetics import price amounted to $13,442 per ton, approximately mirroring the previous year. In general, the import price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2016 an increase of 81%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($55,699 per ton), while the price for Iran ($2,982 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Cosmetics Price in Azerbaijan (FOB) - 2022
The average cosmetics export price stood at $5,982 per ton in 2022, shrinking by -3.2% against the previous year. Overall, the export price showed a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 522% against the previous year. The export price peaked at $36,068 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($10,358 per ton), while the average price for exports to Latvia ($1,230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+15.1%), while the prices for the other major destinations experienced a decline.
Cosmetics Imports in Azerbaijan
Cosmetics imports into Azerbaijan rose notably to 3K tons in 2022, picking up by 12% on 2021 figures. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, cosmetics imports rose rapidly to $40M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 37%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Cosmetics in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3.8 | 4.1 | 5.8 | 6.6 | 20.2% |
| South Korea | 1.2 | 1.2 | 3.6 | 5.0 | 60.9% |
| Turkey | 3.0 | 2.7 | 3.8 | 4.7 | 16.1% |
| France | 4.5 | 3.6 | 4.7 | 4.7 | 1.5% |
| Italy | 3.9 | 3.0 | 3.8 | 4.4 | 4.1% |
| Poland | 2.3 | 2.4 | 2.7 | 3.0 | 9.3% |
| China | 2.8 | 2.1 | 2.2 | 3.0 | 2.3% |
| Germany | 1.2 | 1.1 | 1.3 | 1.2 | 0.0% |
| Belarus | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Iran | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| United Arab Emirates | 0.3 | 0.6 | 1.6 | 0.4 | 10.1% |
| Bulgaria | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Ukraine | 0.6 | 0.5 | 0.5 | 0.3 | -20.6% |
| Others | 5.0 | 4.2 | 5.1 | 6.0 | 6.3% |
| Total | 29.5 | 26.3 | 36.0 | 40.5 | 11.1% |
Top Suppliers of Cosmetics to Azerbaijan in 2022:
- China (761.4 tons)
- Russia (608.7 tons)
- Turkey (529.6 tons)
- Poland (263.4 tons)
- Iran (142.1 tons)
- Italy (90.8 tons)
- South Korea (89.6 tons)
- France (87.1 tons)
- Bulgaria (58.5 tons)
- Germany (52.6 tons)
- Ukraine (52.3 tons)
- United Arab Emirates (47.2 tons)
- Belarus (45.9 tons)
Cosmetics Exports in Azerbaijan
In 2022, the amount of cosmetics exported from Azerbaijan plummeted to 56 tons, reducing by -27.5% compared with 2021. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,433% against the previous year. As a result, the exports attained the peak of 77 tons, and then declined significantly in the following year.
In value terms, cosmetics exports dropped markedly to $332K in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 703% against the previous year. As a result, the exports reached the peak of $474K, and then contracted notably in the following year.
| Export of Cosmetics in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 6.5 | 2.2 | 235 | 166 | 194.5% |
| Georgia | 33.9 | 26.4 | 130 | 62.9 | 22.9% |
| Turkey | 3.0 | N/A | 30.6 | 13.5 | 65.1% |
| United Kingdom | 5.7 | 6.9 | 8.8 | 7.0 | 7.1% |
| Latvia | N/A | N/A | N/A | 6.2 | 0% |
| Ukraine | N/A | 1.6 | 47.0 | N/A | 2837.5% |
| Others | 73.1 | 21.9 | 21.6 | 77.1 | 1.8% |
| Total | 122 | 59.0 | 474 | 332 | 39.6% |
Top Export Markets for Cosmetics from Azerbaijan in 2022:
- Georgia (21.6 tons)
- Russia (21.3 tons)
- Latvia (5.0 tons)
- United Kingdom (2.0 tons)
- Turkey (1.3 tons)
This report provides an in-depth analysis of the cosmetics 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 20421250 - Lip make-up preparations
- Prodcom 20421270 - Eye make-up preparations
- Prodcom 20421300 - Manicure or pedicure preparations
- Prodcom 20421400 - Powders, whether or not compressed, for cosmetic use (including talcum powder)
- Prodcom 20421500 - Beauty, make-up and skin care preparations including suntan (excluding medicaments, lip and eye make-up, manicure and pedicure preparations, powders for cosmetic use and talcum powder)
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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This report provides an in-depth analysis of the cosmetics market in Azerbaijan.
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This report provides an in-depth analysis of the eye make-up preparations market in Azerbaijan.
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This report provides an in-depth analysis of the lip make-up preparations market in Azerbaijan.
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Global skin care imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, it indicated a noticeable increase from 2007 to 2016: the ...
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Explore the top import markets for beauty, make-up, and skin care preparations, including countries like China, Hong Kong SAR, the United States, and more. Learn about the key statistics and market insights from IndexBox market intelligence platform.
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Discover the top import markets for cosmetics around the world. China, Hong Kong SAR, United States, Singapore, and more. Get key statistics and data.
693
The pandemic hit the cosmetic market hard due to the closures of retail outlets. The market responds by switching to personal care goods and developing innovative digital services. While China remains the global leader in terms of cosmetics consumption, Hong Kong and Singapore feature the highest cosmetics per capita consumption in the world.
793
The global skin care market revenue amounted to $129.7B in 2018, surging by 9.2% against the previous year. This...
1957
Global skin care imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, it indicated a noticeable increase from 2007 to 2016: the ...
