Azerbaijan: Tobacco Market 2024

Tobacco Market Size in Azerbaijan

In 2022, the Azerbaijani tobacco market increased by X% to $X, rising for the fifth year in a row after three years of decline. Overall, consumption, however, posted significant growth. Tobacco consumption peaked in 2022 and is likely to see gradual growth in the near future.

Tobacco Production in Azerbaijan

In value terms, tobacco production expanded modestly to $X in 2022 estimated in export price. In general, the total production indicated a temperate increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Tobacco Exports

Exports from Azerbaijan

In 2022, exports of tobacco (smoking tobacco, chewing tobacco, snuff) from Azerbaijan fell to X tons, reducing by X% on the year before. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, tobacco exports dropped notably to $X in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Hong Kong SAR (X tons), Ukraine (X tons) and the UK (X tons) were the main destinations of tobacco exports from Azerbaijan, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tobacco exported from Azerbaijan were Hong Kong SAR ($X), Ukraine ($X) and the UK ($X), together accounting for X% of total exports.

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

Export Prices by Country

In 2022, the average tobacco export price amounted to $X per ton, falling by X% against the previous year. In general, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Ukraine ($X 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 the UK (X%), while the prices for the other major destinations experienced a decline.

Tobacco Imports

Imports into Azerbaijan

In 2022, imports of tobacco (smoking tobacco, chewing tobacco, snuff) into Azerbaijan dropped to X tons, declining by X% on the previous year's figure. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, tobacco imports expanded markedly to $X in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Turkey (X tons), Ukraine (X tons) and Uzbekistan (X tons) were the main suppliers of tobacco imports to Azerbaijan, with a combined X% share of total imports. Jordan, Poland, Brazil and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Jordan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Uzbekistan ($X) and Ukraine ($X) constituted the largest tobacco suppliers to Azerbaijan, together accounting for X% of total imports.

Among the main suppliers, Turkey, with a CAGR of X%, recorded the highest growth rate of 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 tobacco import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Jordan ($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

Frequently Asked Questions (FAQ) :