Published: Last 3 Years Region: All Regions Asia Azerbaijan -
Energy Drinks in Azerbaijan
Energy Drinks in Azerbaijan Energy drinks in Azerbaijan continue to demonstrate strong growth in 2024, building on already impressive expansion in recent years. This momentum is largely driven by their appeal among young consumers, who see energy drinks as similar to carbonates, which are popular ac ... Read More
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Juice in Azerbaijan
Juice in Azerbaijan In 2024, the juice category in Azerbaijan remains largely unchanged, showing slow and flat dynamics. Consumer preferences have shifted little, and the category lacks the innovation or expansion seen in other soft drinks. Limited product innovation, coupled with increasing competi ... Read More
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RTD Coffee in Azerbaijan
RTD Coffee in Azerbaijan RTD coffee has continued its positive development in Azerbaijan in 2024, largely driven by the growing coffee-drinking culture. As consumers increasingly consider coffee as part of their daily routines, demand for convenient, on-the-go options like RTD coffee has risen. The ... Read More
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Carbonates in Azerbaijan
Carbonates in Azerbaijan In 2024, carbonates in Azerbaijan continued its positive trajectory, experiencing growth in both volume and value. This growth was largely propelled by Baku Coca-Cola Bottlers Ltd., the leading player, whose expansion efforts and a relatively modest increase in unit prices c ... Read More
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RTD Tea in Azerbaijan
RTD Tea in Azerbaijan RTD tea continues to experience strong growth in Azerbaijan in 2024, driven by its perception as a healthier alternative to other soft drinks. This positive momentum is further supported by the deep cultural roots of tea consumption in Azerbaijan and other Central Asian countri ... Read More
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Concentrates in Azerbaijan
Concentrates in Azerbaijan Liquid concentrates are experiencing a decline in 2024, primarily due to their underdeveloped status within Azerbaijan and the increasing variety of ready-to-drink (RTD) alternatives. Unlike other soft drinks categories, concentrates have failed to gain significant tractio ... Read More
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Soft Drinks in Azerbaijan
Soft Drinks in Azerbaijan In 2024, soft drinks in Azerbaijan continued to show positive dynamics, supported by a slowdown in unit price growth. This development made soft drinks more appealing to consumers. Unlike in many Central Asian countries, where rising unit prices have spurred heavy reliance ... Read More
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Bottled Water in Azerbaijan
Bottled Water in Azerbaijan Bottled water in Azerbaijan continued to show positive growth in 2024, fuelled by concerns over tap water quality, especially in rural areas where infrastructure issues persist. This has led consumers to prefer bottled water for daily use, as awareness of the importance o ... Read More
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Hot Drinks in Azerbaijan
Hot Drinks in Azerbaijan Hot drinks in Azerbaijan, primarily represented by tea and coffee, continue to see positive development in 2024, spurred by factors such as the expanding popularity of coffee alongside the deeply rooted cultural tradition of tea consumption. Coffee consumption is growing, pa ... Read More
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Tea in Azerbaijan
Tea in Azerbaijan Loose black tea remains the cornerstone of tea in Azerbaijan, dominating the category due to a deeply rooted tea-drinking tradition. Black tea is integral to daily life, especially among older generations who uphold this tradition. Azerbaijan's expanding population, particularly in ... Read More
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Coffee in Azerbaijan
Coffee in Azerbaijan Coffee consumption in Azerbaijan continues to show positive volume dynamics in 2024, with instant coffee representing over 80% of total volume. This predominance is largely due to the convenience and affordability that instant coffee offers, solidifying its position as a staple ... Read More
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Other Hot Drinks in Azerbaijan
Other Hot Drinks in Azerbaijan In 2024, chocolate-based flavoured powder drinks in Azerbaijan remain a favourite among children, with parents often purchasing these drinks as indulgent treats. This product area has shown steady, albeit flat, growth as economic pressures continue to influence consume ... Read More
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Analysis by Region - Emerging Markets - Azerbaijan
Analysis by Region - Emerging Markets - Azerbaijan We expect GDP growth will moderate to 2.7% next year, from our upgraded forecast of 4.4% for 2024. Oil production will likely remain on its long-term declining trend. Government investment in the Nagorno-Karabakh region and other priority areas such ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Azerbaijan
Processed Meat, Seafood and Alternatives To Meat in Azerbaijan In 2024, the processed meat category is experiencing a moderate decline in sales, a trend largely attributed to economic uncertainty and a decrease in purchasing power among Azerbaijani consumers. Although processed meat products hold a ... Read More
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Breakfast Cereals in Azerbaijan
Breakfast Cereals in Azerbaijan In 2024, the breakfast cereals category in Azerbaijan remains stable, with limited growth in sales as consumer habits continue to favour traditional breakfast options like bread, cheese, butter, cottage cheese, and eggs. The culture of breakfast cereal consumption is ... Read More
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Processed Fruit and Vegetables in Azerbaijan
Processed Fruit and Vegetables in Azerbaijan The processed vegetables category in Azerbaijan has remained stable in 2024, reflecting a trend where consumers have adopted a more conservative approach to spending due to economic uncertainties. Many Azerbaijani households are increasingly focused on sa ... Read More
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Baked Goods in Azerbaijan
Baked Goods in Azerbaijan In 2024, prices within baked goods have remained stable, yet sales volumes for bread have begun to decline. This trend is largely attributed to changing consumer preferences driven by a growing awareness of healthier lifestyle choices and the importance of balanced nutritio ... Read More
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Staple Foods in Azerbaijan
Staple Foods in Azerbaijan Geopolitical changes in the world continue to affect trade in Azerbaijan in 2024, including staple foods. Prices for numerous categories remain considerably high, leading to stagnating or stable sales volumes as consumers increasingly opt for essential and inexpensive good ... Read More
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Rice, Pasta and Noodles in Azerbaijan
Rice, Pasta and Noodles in Azerbaijan In 2024, the noodles category in Azerbaijan experiences a decline in sales volumes, primarily driven by production challenges facing several key players, including Mareven Food Central LLC. This setback arises from supply chain disruptions linked to geopolitical ... Read More
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Edible Oils in Azerbaijan
Edible Oils in Azerbaijan Sunflower oil continues to dominate value and volume sales of edible oils in Azerbaijan in 2024 and is expected to register the highest value and volume growth. When the war broke out in nearby Ukraine in 2022, there was disruptions to supplies, as Ukraine is one of the lar ... Read More
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Sweet Spreads in Azerbaijan
Sweet Spreads in Azerbaijan Overall, sweet spreads in Azerbaijan is expected to register healthy current value and volume growth in 2024. Jams and preserves continue to be the most popular sweet spread by far and is also expected to register the highest volume growth. Among the most popular flavours ... Read More
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Meals and Soups in Azerbaijan
Meals and Soups in Azerbaijan Overall, meals and soup is expected to register modest volume growth in Azerbaijan in 2024. Though still niche, pizza, and in particular frozen pizza, is expected to register the highest current value and volume growth. This growth is being supported by an expanding off ... Read More
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Cooking Ingredients and Meals in Azerbaijan
Cooking Ingredients and Meals in Azerbaijan In 2024, it is expected to be a positive picture for cooking ingredients and meals in Azerbaijan, with a healthy increase in both current value and volume sales. This performance is due to several factors, including the essentialness of cooking ingredients ... Read More
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Sauces, Dips and Condiments in Azerbaijan
Sauces, Dips and Condiments in Azerbaijan Overall, sauces, dips and condiments in Azerbaijan is expected to register muted volumed growth in 2024, in what is a mature product area. Pickled products continue to be by far the most important product in terms of value sales, though volume growth is expe ... Read More
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Weight Management and Wellbeing in Azerbaijan
Weight Management and Wellbeing in Azerbaijan Sales of most weight management and wellbeing categories are declining in retail volume terms in 2024. This is in part due to the complicated procedure for registering these products on the market. However, the most significant factor behind the declinin ... Read More
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