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Azerbaijan - Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFruit Price in Azerbaijan - 2023
Contents:
- Fruit Price in Azerbaijan (FOB) - 2022
- Fruit Price in Azerbaijan (CIF) - 2022
- Fruit Exports in Azerbaijan
- Fruit Imports in Azerbaijan
Fruit Price in Azerbaijan (FOB) - 2022
The average fruit export price stood at $799 per ton in 2022, increasing by 3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 9%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($856 per ton), while the average price for exports to Kazakhstan ($329 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+0.9%), while the prices for the other major destinations experienced a decline.
Fruit Price in Azerbaijan (CIF) - 2022
The average fruit import price stood at $812 per ton in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +4.9%. The pace of growth was the most pronounced in 2013 when the average import price increased by 28%. The import price peaked at $814 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($1,154 per ton), while the price for Ecuador ($717 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Fruit Exports in Azerbaijan
In 2022, approx. 338K tons of fruits were exported from Azerbaijan; picking up by 2.4% against the previous year's figure. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 30%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, fruit exports rose notably to $270M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
Export of Fruit in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 173 | 171 | 241 | 257 | 14.1% |
Ukraine | 11.9 | 8.9 | 12.1 | 6.9 | -16.6% |
Belarus | 0.2 | 0.1 | 0.4 | 3.7 | 164.5% |
Kazakhstan | 2.0 | 1.2 | 1.3 | 1.6 | -7.2% |
Others | 3.0 | 1.4 | 1.1 | 1.2 | -26.3% |
Total | 190 | 183 | 256 | 270 | 12.4% |
Top Export Markets for Fruit from Azerbaijan in 2022:
- Russia (299.6K tons)
- Ukraine (20.1K tons)
- Belarus (10.2K tons)
- Kazakhstan (5.0K tons)
Fruit Imports in Azerbaijan
In 2022, approx. 121K tons of fruits were imported into Azerbaijan; surging by 3% against the previous year. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 15%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, fruit imports rose modestly to $98M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Fruit in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 28.0 | 35.3 | 35.4 | 37.3 | 10.0% |
Turkey | 25.1 | 20.2 | 22.5 | 23.8 | -1.8% |
Iran | 9.4 | 19.1 | 19.5 | 18.5 | 25.3% |
South Africa | 3.9 | 7.0 | 3.7 | 4.2 | 2.5% |
Egypt | 3.9 | 2.5 | 2.6 | 2.2 | -17.4% |
Costa Rica | 1.1 | 0.7 | 0.8 | 1.7 | 15.6% |
Belgium | 2.0 | 1.9 | 1.7 | 1.7 | -5.3% |
Others | 9.6 | 8.2 | 8.2 | 8.7 | -3.2% |
Total | 83.0 | 94.9 | 94.4 | 98.2 | 5.8% |
Top Suppliers of Fruit to Azerbaijan in 2022:
- Ecuador (52.0K tons)
- Turkey (31.1K tons)
- Iran (22.6K tons)
- South Africa (3.7K tons)
- Egypt (2.7K tons)
- Costa Rica (1.9K tons)
- Belgium (1.9K tons)
This report provides an in-depth analysis of the fruit market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 515 - Apples
- FCL 521 - Pears
- FCL 523 - Quinces
- FCL 526 - Apricots
- FCL 534 - Peaches and nectarines
- FCL 536 - Plums
- FCL 486 - Bananas
- FCL 489 - Plantains
- FCL 577 - Dates
- FCL 569 - Figs
- FCL 574 - Pineapples
- FCL 572 - Avocados
- FCL 571 - Mangoes
- FCL 490 - Oranges
- FCL 495 - Tangerines, mandarins, clementines, satsumas
- FCL 507 - Grapefruit and pomelo
- FCL 497 - Lemons and limes
- FCL 512 - Citrus fruit nes
- FCL 560 - Grapes
- FCL 567 - Watermelons
- FCL 568 - Melons, Cantaloupes
- FCL 600 - Papayas
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the fruit market in Azerbaijan.
This report provides an in-depth analysis of the apple market in Azerbaijan.
This report provides an in-depth analysis of the pear market in Azerbaijan.
This report provides an in-depth analysis of the quince market in Azerbaijan.
This report provides an in-depth analysis of the fruit and berry market in Azerbaijan.
This report provides an in-depth analysis of the pears and quinces market in Azerbaijan.
This report provides an in-depth analysis of the global fruit market.
This report provides an in-depth analysis of the global apple market.
This report provides an in-depth analysis of the global pear market.
This report provides an in-depth analysis of the global quince market.
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