Cereals; Barley, Seed Price in Azerbaijan - 2023
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Cereals; Barley, Seed Price in Azerbaijan (CIF) - 2022
In 2022, the average cereals; barley, seed import price amounted to $541 per ton, falling by -10.6% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; barley, seed import price increased by +11.2% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 107%. The import price peaked at $761 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($2,257 per ton), while the price for Russia ($403 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Barley, Seed Imports in Azerbaijan
In 2022, the amount of cereals; barley, seeds imported into Azerbaijan totaled 1.8K tons, picking up by 14% compared with the previous year's figure. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 581%. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; barley, seed imports rose slightly to $956K in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 524% against the previous year. As a result, imports reached the peak of $974K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Cereals; Barley, Seed in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 38.6 | 614 | 355 | 590 | 148.2% |
Austria | 36.0 | 64.6 | 131 | 218 | 82.3% |
Turkey | 41.2 | 239 | 227 | 79.6 | 24.5% |
Ukraine | 19.2 | 23.1 | 20.5 | 38.0 | 25.6% |
Italy | 9.5 | 16.5 | 15.5 | 25.8 | 39.5% |
Others | 11.4 | 16.6 | 190 | 4.7 | -25.6% |
Total | 156 | 974 | 939 | 956 | 83.0% |
Top Suppliers of Cereals; Barley, Seed to Azerbaijan in 2022:
- Russia (1462.7 tons)
- Turkey (131.3 tons)
- Austria (96.7 tons)
- Ukraine (39.3 tons)
- Italy (31.9 tons)
This report provides an in-depth analysis of the barley market in Azerbaijan.
This report provides an in-depth analysis of the grain market in Azerbaijan.
This report provides an in-depth analysis of the global barley market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the barley market in Azerbaijan.
This report provides an in-depth analysis of the global barley market.
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