Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Azerbaijan - 2023
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Azerbaijan (CIF) - 2022
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Azerbaijan
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Azerbaijan (CIF) - 2022
The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $30,588 per ton in 2022, waning by -3.3% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 57%. Over the period under review, average import prices attained the peak figure at $31,636 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($51,391 per ton), while the price for China ($26,142 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+66.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Azerbaijan
In 2022, the amount of pharmaceutical goods; appliances identifiable for ostomy uses imported into Azerbaijan declined slightly to 6.6 tons, dropping by -4.8% compared with the previous year's figure. Overall, imports, however, continue to indicate a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 208%. As a result, imports attained the peak of 7 tons, and then contracted modestly in the following year.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses dropped to $203K in 2022. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 216%. As a result, imports reached the peak of $220K, and then dropped in the following year.
| Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 100 | 19.5 | 144 | 116 | 5.1% |
| Turkey | 9.0 | 32.6 | 52.3 | 48.4 | 75.2% |
| Hungary | 13.1 | 14.9 | 23.9 | 35.8 | 39.8% |
| Others | 2.6 | 2.7 | 0.7 | 2.3 | -4.0% |
| Total | 125 | 69.7 | 220 | 203 | 17.5% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Azerbaijan in 2022:
- China (4.5 tons)
- Hungary (1.2 tons)
- Turkey (0.9 tons)
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