Key Market Indicators
Azerbaijani Molding Import is expected to decrease by 40.7% in the next five years, to 1,370 kilograms in 2026 from 22,030 kilograms in 2021. This decrease is mainly due to the country's decreasing demand for the product. From 2004 to 2021, the demand for the product in Azerbaijan fell by 6.8% year on year. In 2021, Azerbaijan was ranked 56th in the world for Molding Import, with Sweden overtaking the country at 22,030 kilograms. Germany, Japan and Nigeria followed respectively as the second, third and fourth-ranked countries. Since 2017, Azerbaijani Molding Import has decreased by 4.3% year on year.
