Azerbaijan: Household Dishwashing Machine Market 2024

Household Dishwashing Machine Market Size in Azerbaijan

The Azerbaijani household dishwashing machine market soared to $X in 2022, with an increase of X% 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). Over the period under review, consumption continues to indicate a significant expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Household Dishwashing Machine Exports

Exports from Azerbaijan

Household dishwashing machine exports from Azerbaijan fell dramatically to X units in 2022, which is down by X% compared with 2021. Overall, exports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then reduced rapidly in the following year.

In value terms, household dishwashing machine exports fell dramatically to $X in 2022. Over the period under review, exports, however, showed strong growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Georgia (X units) was the main destination for household dishwashing machine exports from Azerbaijan, accounting for a X% share of total exports. Moreover, household dishwashing machine exports to Georgia exceeded the volume sent to the second major destination, Turkey (X units), more than tenfold. Australia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Georgia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Australia (X% per year).

In value terms, Georgia ($X) remains the key foreign market for household dishwashing machines exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Georgia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Australia (X% per year).

Export Prices by Country

In 2022, the average household dishwashing machine export price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price showed a deep reduction. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Georgia ($X per unit), while the average price for exports to Turkmenistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Household Dishwashing Machine Imports

Imports into Azerbaijan

In 2022, the amount of household dishwashing machines imported into Azerbaijan expanded remarkably to X units, increasing by X% on the previous year's figure. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, household dishwashing machine imports skyrocketed to $X in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Turkey (X units), China (X units) and Germany (X units) were the main suppliers of household dishwashing machine imports to Azerbaijan, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest household dishwashing machine suppliers to Azerbaijan were Turkey ($X), China ($X) and Germany ($X), with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 household dishwashing machine import price amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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