Azerbaijan - Mobile Phones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMobile Phone Price in Azerbaijan - 2023
Contents:
- Mobile Phone Price in Azerbaijan (CIF) - 2023
- Mobile Phone Price in Azerbaijan (FOB) - 2022
- Mobile Phone Imports in Azerbaijan
- Mobile Phone Exports in Azerbaijan
Mobile Phone Price in Azerbaijan (CIF) - 2023
In July 2023, the average mobile phone import price amounted to $213 per unit, rising by 15% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 28% against the previous month. The import price peaked at $278 per unit in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($328 per unit), while the price for China ($201 per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Mobile Phone Price in Azerbaijan (FOB) - 2022
The average mobile phone export price stood at $123 per unit in 2022, reducing by -3.8% against the previous year. In general, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 158%. The export price peaked at $219 per unit in 2017; however, from 2018 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 the United Arab Emirates ($145 per unit), while the average price for exports to Russia ($55 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+117.9%), while the prices for the other major destinations experienced more modest paces of growth.
Mobile Phone Imports in Azerbaijan
In 2022, after three years of growth, there was significant decline in supplies from abroad of mobile phones, when their volume decreased by -46.4% to 846K units. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. Imports peaked at 1.6M units in 2021, and then dropped remarkably in the following year.
In value terms, mobile phone imports contracted remarkably to $155M in 2022. Overall, imports showed a mild decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. Imports peaked at $236M in 2021, and then declined significantly in the following year.
| Import of Mobile Phone in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.5 | 109 | 109 | 91.6 | 13.6% |
| Vietnam | 47.1 | 42.9 | 75.0 | 38.2 | -6.7% |
| India | 23.5 | 13.1 | 19.7 | 24.7 | 1.7% |
| United Arab Emirates | 28.4 | 41.7 | 31.9 | N/A | 6.0% |
| Others | 0.4 | 0.5 | 0.5 | 0.4 | 0.0% |
| Total | 162 | 208 | 236 | 155 | -1.5% |
Top Suppliers of Mobile Phone to Azerbaijan in 2022:
- United Arab Emirates (undefinedK units)
- China (552.0K units)
- Vietnam (203.7K units)
- India (88.5K units)
Mobile Phone Exports in Azerbaijan
For the fourth consecutive year, Azerbaijan recorded growth in shipments abroad of mobile phones, which increased by 384% to 8.5K units in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 629%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, mobile phone exports soared to $1M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 823% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Mobile Phone in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 2.2 | N/A | 595 | 1544.6% |
| Georgia | N/A | N/A | 0.8 | 295 | 36775.0% |
| Russia | N/A | N/A | N/A | 99.9 | 0% |
| Czech Republic | 32.2 | 16.4 | 57.5 | 56.8 | 20.8% |
| Ukraine | N/A | N/A | 167 | N/A | 0% |
| Others | 0.9 | 5.8 | 0.1 | 0.5 | -17.8% |
| Total | 33.1 | 24.4 | 225 | 1,047 | 216.3% |
Top Export Markets for Mobile Phone from Azerbaijan in 2022:
- United Arab Emirates (4.1K units)
- Georgia (2.2K units)
- Russia (1.8K units)
- Czech Republic (0.4K units)
This report provides an in-depth analysis of the mobile phone 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 26302200 - Telephones for cellular networks or for other wireless networks
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
-
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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