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The Azerbaijan Plastic and Rubber market is experiencing steady growth, driven by increasing demand from various sectors including construction, packaging, and automotive. Key figures from IndexBox reveal a market size of USD 1.2 billion in 2022, with projections for further expansion. This makes it an attractive market for both domestic and foreign players.
Government procurement plays a significant role in the Azerbaijan Plastic and Rubber market, offering substantial opportunities for businesses. In 2022, government spending on Plastic and Rubber products and services amounted to USD 500 million, indicating its importance to the industry.
The Azerbaijan government primarily procures a diverse range of Plastic and Rubber products, including:
Pipes and fittings: Used in construction, water supply, and sanitation systems.
Packaging materials: Essential for food, beverages, and other consumer goods.
Rubber hoses and tubes: Employed in various industries for transportation and fluid transfer.
Medical rubber products: Vital for healthcare applications.
Other plastic and rubber products: Including toys, sports equipment, and household items.
Several key government authorities oversee Plastic and Rubber procurement in Azerbaijan, including:
Ministry of Economy: Responsible for developing and implementing economic policies, including those related to public procurement.
State Procurement Agency: Responsible for managing and overseeing public procurement processes.
Relevant sectoral ministries: Such as the Ministry of Health, Ministry of Construction, and Ministry of Agriculture, which have specific needs for Plastic and Rubber products.
Local and foreign companies have emerged as major winners of government procurement contracts in the Azerbaijan Plastic and Rubber market. Some of the top winners include:
Azerpolimer: A leading domestic manufacturer of plastic pipes and fittings.
Azerboru: Another major domestic producer of plastic pipes and fittings.
Pasha Holding: A diversified conglomerate with a strong presence in the plastics industry.
International companies: Such as Borealis, Dow Chemical, and SIBUR, have also secured significant procurement contracts.
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