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Azerbaijan almost doubles volume of car import over recent years

Azerbaijan almost doubles volume of car import over recent years

Economy
07 January 2021, 12:46 311
The import of cars to Azerbaijan has significantly grown in recent years, a source on Azerbaijan's car market told Trend.
According to the source, in 2018, the volume of cars imported to the country was 28,876, in 2019 - 47,710, and in 11 months of 2020 - 47,841 cars.
Simultaneously with the growth in imports, the demand for gasoline and diesel fuel also increased.

Presently, the car market in Azerbaijan is facing stagnation due to the COVID-19 pandemic.
"Nevertheless, there were no considerable changes in the car prices. Activity in the car market is expected to intensify after softening the situation related to the pandemic," said the source.