Azerbaijan: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Azerbaijan

The Azerbaijani plastic household ware market reduced to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, enjoyed a buoyant expansion. Plastic household ware consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Plastic Household Ware Production in Azerbaijan

In value terms, plastic household ware production contracted modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt decline. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Plastic Household Ware Exports

Exports from Azerbaijan

Plastic household ware exports from Azerbaijan skyrocketed to X tons in 2022, growing by X% compared with the previous year's figure. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, plastic household ware exports surged to $X in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Ukraine (X tons), Kazakhstan (X tons) and Belarus (X tons) were the main destinations of plastic household ware exports from Azerbaijan, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Kazakhstan ($X) and Belarus ($X) appeared to be the largest markets for plastic household ware exported from Azerbaijan worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic household ware export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic household ware export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per ton) and Kazakhstan ($X per ton), while the average price for exports to Georgia ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Imports

Imports into Azerbaijan

Plastic household ware imports into Azerbaijan shrank to X tons in 2022, which is down by X% compared with 2021. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, plastic household ware imports shrank to $X in 2022. Overall, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

Iran (X tons), Turkey (X tons) and China (X tons) were the main suppliers of plastic household ware 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, Turkey ($X), Iran ($X) and China ($X) appeared to be the largest plastic household ware suppliers to Azerbaijan, with a combined X% share of total imports.

In terms of 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

The average plastic household ware import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic household ware import price increased by X% against 2015 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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