In July the process for used cars in the markets of the capital did not increase, compared to the first month of summer; but significant decline was fixed in supply of goods 0.2%.
According to the information portal of the public association "The market property" based on the monitoring of the automobile market, the average price in the secondary car market in July this year totals an average of $ 16.200.
The monitoring covered data about 15.900 used cars, 24.3% of which came on the market in July.
Last month, car brand Mercedes-Benz were the leaders in the secondary car market with a specific weight of 35% in the overall supply portfolio.
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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