Key Market Indicators
Cosmetics exports from Azerbaijan are expected to hit $1 million by 2026, a 4.2% increase from the $781,000 seen in 2021. Since 2001, Azerbaijani supply has grown by 15.9% year on year, though the country fell to 114th place in 2021, overtaken by Algeria with $781,000. The United States, Germany and Ireland were the top three countries in the ranking. Meanwhile, Azerbaijani cosmetics imports are estimated to reach $192 million by 2026, up 3.9% from the $152 million in 2021. Since 2001, Azerbaijani demand has grown 10.8% year on year, though the country fell to 82nd place in 2021, overtaken by Bolivia with $152 million. China, Germany and the United Kingdom were the next three countries in the ranking.
