Azerbaijan Beverage Industry Outlook 2022 - 2026

Key Market Indicators

Exports of alcoholic beverages from Azerbaijan are projected to hit $24 million by 2026, a 1.1% year-on-year growth from 2021's $22.6 million. Since 2001, Azerbaijani supply has grown an average of 3.8% year-on-year. Meanwhile, imports of alcoholic beverages into Azerbaijan are set to reach $88.4 million by 2026, a 2.4% year-on-year growth from 2021's $76.8 million. Since 2001, Azerbaijani demand has grown an average of 5.6% year-on-year. In 2021, Azerbaijan was ranked 92nd in the world, with Uruguay overtaking it with $76.8 million. The United Kingdom, Germany, and China followed in 2nd, 3rd, and 4th place respectively. Finally, sales of alcoholic beverages in Azerbaijan are set to reach $569 million by 2026, a 0.1% year-on-year growth from 2021's $564.5 million. Since 2006, the Azerbaijani market has grown 1.5% year-on-year. In 2021, Azerbaijan was ranked 74th in the world, with Mauritius coming out ahead with $564.5 million. Japan, Germany, and the United Kingdom followed in 2nd, 3rd, and 4th place respectively.

Azerbaijan Beverage Market Data and Forecasts

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