Key Market Indicators
Azerbaijan's home appliance exports have dropped by 18% to around $22 million in 2021, compared to $26.5 million in 2020. Since 2001, the country's supply has grown by 26%. It ranked 95th in 2021, with Fiji coming in ahead at $22 million. Germany, Malaysia and the United States were ranked second, third and fourth respectively. By 2026, Azerbaijan's home appliance imports are projected to reach around $21 million, up from $16 million in 2021. This is a 4.4% year-on-year growth rate, and the country's demand has increased by 13.6% since 2001. It was ranked 68th in 2021, with Pakistan ahead at $16 million. Germany, Japan and France were ranked second, third and fourth respectively.
