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Azerbaijan

The world's most comprehensive market research on consumer products, commercial industries, demographics trends and consumer lifestyles in Azerbaijan.

Azerbaijan StatisticsConsumer Lifestyles in Azerbaijan

Azerbaijan Country BriefingsFuture Demographics: Azerbaijan in 2030

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    Country Report

    Confectionery in Azerbaijan

    Dec 2016

    Chocolate confectionery is a highly saturated category, and represented by both a large number of small workshops and some large companies. Among these, Nur is the leading company, accounting for a 14% value share in 2016. Nur is the official ...

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    Country Report

    Dairy in Azerbaijan

    Dec 2016

    Milk-Pro MMC remained the leader of cheese category in 2016 accounting for 13% of value sales....

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    Country Report

    Grocery Retailers in Azerbaijan

    Dec 2016

    The value sales of grocery retailers increased during 2016, resulting from the devaluation of the national currency, which affected the prices of imported products. By the end of the review period Azerbaijan remained a majorly import-dependent ...

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    Country Report

    Non-Grocery Specialists in Azerbaijan

    Dec 2016

    The devaluation of the Azerbaijani manat by 48% against the US dollar in December 2015 significantly affected consumers’ pockets and their purchasing power. Whilst value sales of essential products, including food and drink, increased during 2016, ...

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    Country Report

    Non-Store Retailing in Azerbaijan

    Dec 2016

    The structure of non-store retailing is changing in Azerbaijan in favour of internet retailing, and hampering direct selling in the country. Over the review period, along with the increasing number of internet users, sales through internet sites rose...

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    Country Report

    Retailing in Azerbaijan

    Dec 2016

    In 2016, retail prices increased in Azerbaijan because of currency devaluation. In December 2015 the local currency the Azerbaijani manat was devalued by 48% against the US dollar. As a result, local prices, particularly of imported products, ...

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    Country Briefing

    Business Dynamics: Azerbaijan

    Dec 2016

    Azerbaijan’s business landscape has improved, but only slightly. The country faces challenges in the form of high corruption levels and a restrictive (FDI) environment. However, trading across borders has become easier and the infrastructural ...

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    Country Briefing

    Economy, Finance and Trade: Azerbaijan

    Dec 2016

    Low oil prices, along with subdued external demand, have caused the Azeri economy to slow down since 2013. Moreover, the country is expected to slip into a recession in 2016. Although export revenue and the budget deficit continued to deteriorate, ...

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    Country Briefing

    Natural Resources: Azerbaijan

    Nov 2016

    With its large oil and gas endowments in the offshore Caspian region, Azerbaijan has attracted foreign investment and powered its economy. However, a high reliance on hydrocarbon exports exposes the country to global energy price fluctuations. ...

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    Country Report

    Packaged Food in Azerbaijan

    Nov 2016

    Moderate stabilisation occurred in 2016 when 3% volume and 5% value growth rates were posted in packaged food. Growth was driven by an intensive transition from unpackaged to packaged food, as well as by industrialisation and busier lifestyles among ...

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    Country Profile

    Azerbaijan: Country Profile

    Nov 2016

    The economy will contract in 2016. Consumer spending is weakening while credit activity is stagnating. Capital investment is also declining as fiscal policy is tightened. Energy production is expected to be flat in 2016. A sharp rise in inflation ...

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    Country Report

    Processed Fruit and Vegetables in Azerbaijan

    Nov 2016

    Processed fruit and vegetables products have been very popular in Azerbaijan for decades. Processed vegetables, constituting over 90% of overall processed fruits and vegetables sales, are heavily consumed with the high-fat dishes traditionally ...

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    Country Report

    Processed Meat and Seafood in Azerbaijan

    Nov 2016

    Meat and seafood play important roles in Azerbaijani cuisine, and are traditionally combined with rice, potato, buckwheat pasta and similar ingredients to prepare main courses. Thanks to economic development, rising urbanisation and the trend towards...

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    Country Report

    Rice, Pasta and Noodles in Azerbaijan

    Nov 2016

    Rice remained by far the single largest category in rice, pasta and noodles in retail volume and current value sales terms in 2016. In 2008, rice was made exempt from import duties. This made prices for imported products more competitive, which ...

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    Country Report

    Baked Goods in Azerbaijan

    Nov 2016

    One of the key factors supporting the development of baked goods in Azerbaijan in recent years has been the ongoing transition from unpackaged to packaged products in bread and cakes. In 2014, new state standards were issued to provide better ...

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    Country Report

    Breakfast Cereals in Azerbaijan

    Nov 2016

    The health and wellness trend, coupled with rising awareness of the importance of eating a nutritious breakfast, has supported growth in breakfast cereals consumption in Azerbaijan in recent years. In line with this trend, Azerbaijanis have become ...

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    Country Report

    Cheese in Azerbaijan

    Nov 2016

    Since a 2-wave devaluation led to a significant local price jump for imported cheese, the key trend regarding consumption in Azerbaijan in 2016 was down-trading to domestic unpackaged cheese. People were increasingly choosing value-for-money domestic...

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    Country Report

    Drinking Milk Products in Azerbaijan

    Nov 2016

    The trend towards savoury flavourings continued to rise in Azerbaijan in 2016. Key local players expanded their ranges in order to become more competitive. Key factors considered when buying milk in Azerbaijan in 2016 were natural/organic ...

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    Country Report

    Other Dairy in Azerbaijan

    Nov 2016

    The other dairy category covers products that are relatively new to Azerbaijani consumers. These products include dairy desserts, coffee whiteners and chilled snacks. The preference when purchasing products was given to natural/organic products, with...

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    Country Report

    Yoghurt and Sour Milk Products in Azerbaijan

    Nov 2016

    Traditional sour milk products, known as ayran, dovga, and others, remain very popular in Azerbaijan. Historically, these drinks were prepared within households. However, with economic development people switched to packaged products, which helped ...

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