Watch Demo

Azerbaijan Paint Industry Outlook 2022 - 2026

See how Azerbaijan Paint performed compared to key markets.

Key Market Indicators

Demand for paint in Azerbaijan is set to rise by 2.5% annually over the next five years. In 2021, 691,580 kilograms of paint will be imported, rising to 812,720 kilograms in 2026. This 11.5% increase since 2001 is largely driven by the growing demand for paint products in the country. In contrast to this growth in paint imports, exports of paint from Azerbaijan fell by 17.6% in 2019 compared to the previous year. The country's total paint exports dropped from 43.39 kilograms in 2018 to 35.77 kilograms in 2019. This 66.3% decrease since 2002 saw Azerbaijan drop to 106th in the global ranking, overtaken by Aruba. The Czech Republic, Germany and Indonesia placed second, third and fourth respectively.

Marketing Banner

Azerbaijan Paint Market Data and Forecasts