Azerbaijan: Toothpaste Market 2022

Toothpaste Market Size in Azerbaijan

For the fourth consecutive year, the Azerbaijani toothpaste market recorded growth in sales value, which increased by X% to $X in 2021. Overall, consumption recorded a strong expansion. Toothpaste consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Toothpaste Exports

Exports from Azerbaijan

In 2021, overseas shipments of toothpaste, denture cleaners and other dentifrices increased by X% to X tons, rising for the sixth consecutive year after three years of decline. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, toothpaste exports soared to $X in 2021. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for toothpaste exports from Azerbaijan, accounting for a X% share of total exports. It was followed by Georgia (X kg), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia was relatively modest.

In value terms, Russia ($X) emerged as the key foreign market for toothpaste exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Georgia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia was relatively modest.

Export Prices by Country

The average toothpaste export price stood at $X per ton in 2021, growing by X% against the previous year. Overall, the export price recorded a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Georgia ($X per ton), while the average price for exports to Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+X%).

Toothpaste Imports

Imports into Azerbaijan

In 2021, imports of toothpaste, denture cleaners and other dentifrices into Azerbaijan amounted to X tons, with an increase of X% against 2020. In general, imports showed resilient growth. The pace of growth was the most pronounced in 2016 when imports increased by X%. As a result, imports reached the peak of X tons; afterwards, it flattened through to 2021.

In value terms, toothpaste imports rose rapidly to $X in 2021. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of toothpaste to Azerbaijan, with a X% share of total imports. Moreover, toothpaste imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold. The third position in this ranking was taken by Slovakia (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Slovakia (+X% per year).

In value terms, China ($X) constituted the largest supplier of toothpaste to Azerbaijan, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with an X% share of total imports. It was followed by Slovakia, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Slovakia (+X% per year).

Import Prices by Country

The average toothpaste import price stood at $X per ton in 2021, increasing by X% against the previous year. In general, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, toothpaste import price increased by +X% against 2014 indices. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Poland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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