Azerbaijan’s Automotive Market: Imports Decline, Prices Rise, and the Market Slips into Stagnation
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- Express analysis
- 3 July 2026 15:26
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- Media Review
- 3 July 2026 16:25
Business
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The completion of SOCAR’s acquisition of 99.82% of Italiana Petroli on May 8th 2026 offered the clearest evidence yet that the State Oil Company of the Azerbaijan Republic is no longer content to be merely an exporter of Caspian hydrocarbons. The...
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Supermarkets are gaining ground through scale, digital accounting and predictability, but traditional markets still support employment, agricultural sales and price competition. Their future depends not on preserving the old model but on modernising...
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Imports of vehicles with electrified powertrains into Azerbaijan more than halved in the first six months of 2026 following a change in the tax regime. The decline demonstrates how quickly the withdrawal of incentives can alter demand in a market...
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An economic and social analysis against the backdrop of statistics for the first half of 2026 The number of trips abroad made by Azerbaijani citizens fell by 5.1% in the first six months of 2026. However, this decline should not be interpreted as...
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