Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Azerbaijan - 2024

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Azerbaijan (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Azerbaijan

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Azerbaijan (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $20 per unit, which is down by -95.3% against the previous year. Overall, the import price recorded a dramatic decline. The pace of growth was the most pronounced in 2018 an increase of 227% against the previous year. Over the period under review, average import prices reached the peak figure at $6,392 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.1% per year.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Azerbaijan

In 2022, supplies from abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses decreased by -98.5% to 1 units, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 927% against the previous year. As a result, imports attained the peak of 154 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses plummeted to $20 in 2022. Overall, imports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 372% against the previous year. As a result, imports attained the peak of $77K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.177.028.9N/A165.5%
SloveniaN/AN/AN/AN/A0%
Italy12.2N/AN/AN/A0%
TurkeyN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.377.028.9N/A33.2%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Azerbaijan in 2022:

  1. Turkey (1.0 units)

Source: IndexBox Market Intelligence Platform

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