New Multi-Family Housing Construction
in Azerbaijan to 2015: Market Snapshot
Reference code: CN5713MS
Published: November 2011
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TABLE OF CONTENTS
TABLE OF CONTENTS
1 SECTOR OVERVIEW ............................................................................................................. 5
2 MARKET DATA ...................................................................................................................... 6
2.1 Market Value 2006-10 ...................................................................................................................... 6
2.2 Market Segmentation, By Category Type, 2010 ............................................................................... 7
2.3 Market Value Forecast 2010-15 ....................................................................................................... 8
2.4 Future Market Segmentation, By Category Type, 2015 .................................................................... 9
3 APPENDIX ............................................................................................................................ 10
3.1 Research Methodology ...................................................................................................................10
3.2 Definition .........................................................................................................................................10
3.2.1 Additional Notes ........................................................................................................................................ 10
3.3 About World Market Intelligence......................................................................................................11
3.4 Disclaimer .......................................................................................................................................12
New Multi-Family Housing Construction in Azerbaijan to 2015: Market Snapshot Published Nov 2011
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TABLE OF CONTENTS
LIST OF TABLES
Table 1: New Multi-Family Housing Construction in Azerbaijan, Market Value (US$ Million), 2006-10 ..........................................6
Table 2: Residential Construction in Azerbaijan, Market Segmentation, By Category Type (US$ Million), 2010 ............................7
Table 3: New Multi-Family Housing Construction in Azerbaijan, Market Value Forecast (US$ Million), 2010-15 ...........................8
Table 4: Residential Construction in Azerbaijan, Market Segmentation Forecast, By Category Type (US$ Million), 2015 .............9
New Multi-Family Housing Construction in Azerbaijan to 2015: Market Snapshot Published Nov 2011
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TABLE OF CONTENTS
LIST OF FIGURES
Figure 1: New Multi-Family Housing Construction in Azerbaijan, Market Value (US$ Million), 2006-10 .........................................6
Figure 2: Residential Construction in Azerbaijan, Market Segmentation, By Category Type (%), 2010 .........................................7
Figure 3: New Multi-Family Housing Construction in Azerbaijan, Market Value Forecast (US$ Million), 2010-15 ..........................8
Figure 4: Residential Construction in Azerbaijan, Market Segmentation Forecast, By Category Type (%), 2015 ..........................9
New Multi-Family Housing Construction in Azerbaijan to 2015: Market Snapshot Published Nov 2011
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SECTOR OVERVIEW
1 SECTOR OVERVIEW
Following expansion at a compound annual growth rate (CAGR) of 23.54% between 2006-10, the New Multi-
Family Housing in Azerbaijan reached a value of US$375.0 million in 2010, which represented an increase of
19.8% on 2009. The market achieved its strongest performance in 2008 with a growth of 56.0% over its
previous year and its weakest performance was witnessed in 2009, when it fell to -10.0% over 2008.
The New Multi-Family Housing was the fastest growing construction sector in the Residential Construction
market between 2006-10 and achieved a CAGR of 23.54%. The weakest performer was Single-Family
Housing, which achieved only a CAGR of 21.70%.
By 2010, the New Multi-Family Housing accounted for 50.1% of the Residential Construction market. In
comparison, Single-Family Housing represented 33.5% share, while Residential Building Redevelopment
generated a further 16.3% of the market's 2010 share.
Looking ahead, the New Multi-Family Housing is expected to expand at a CAGR of 7.91% between 2010-15,
reaching a value of US$548.8 million in 2015. This represents a total growth of 240.9% from 2006 and 46.3%
from 2010.
The New Multi-Family Housing is expected to be the fastest growing construction sector in the Residential
Construction market between 2010-15 which can achieve a CAGR of 7.91%. The weakest performer is forecast
to be Residential Building Redevelopment, which is expected to achieve a CAGR of 6.52%.
By 2015, the New Multi-Family Housing is forecast to account for 51.1% of the Residential Construction market.
In comparison, Single-Family Housing is predicted to account for 33.3%, while Residential Building
Redevelopment is expected to generate a further 15.6% of the market's 2015 share.
New Multi-Family Housing Construction in Azerbaijan to 2015: Market Snapshot Published Nov 2011
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MARKET DATA
2 MARKET DATA
2.1 Market