Gold output falls, exports rise as Azerbaijan’s market adjusts to high prices in Q1 2026

Prime Minister Ali Asadov signed on April 15 a decree “On the allocation of water fund lands for the creation of artificial territories in the part of the Caspian Sea belonging to the Republic of Azerbaijan.”

In recent years, one of the key trends in Azerbaijan’s housing market has been the rise in rental rates. According to the Financial Stability Report of the Central Bank of Azerbaijan, the median monthly rent across the country has exceeded 1,000 manats, reaching 1,002 manats, indicating the beginning of a new phase in the market. Experts believe that this indicator is closely linked both to the socio-economic environment and to structural changes in the real estate market.

According to official statistics, approximately 8.4 million cut roses were imported into Azerbaijan in 2025, with a total value of 11.2 million United States dollars. This represents an increase of 23 percent in volume and more than 20 percent in value compared to the previous year. The main share of imports came from Ecuador, although supplier countries also included Colombia, Kenya, Iran, the Netherlands, Ethiopia, and Georgia.

The Baku Metro remains a key transport artery of the Azerbaijani capital, ensuring the daily mobility of millions of residents. However, behind the system’s apparent stability lies a combination of structural problems — ranging from financial unprofitability and limited commercialization to a mismatch between the pace of urban development and transport infrastructure.