Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Azerbaijan - 2023
Contents:
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Azerbaijan (CIF) - 2022
- Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Azerbaijan
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Azerbaijan (CIF) - 2022
In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $14,403 per ton, surging by 29% against the previous year. In general, the import price recorded tangible growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 117%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
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 Russia ($14,557 per ton), while the price for Turkey stood at $4,149 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.7%).
Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Azerbaijan
Imports of flour and meal; of sago, roots or tubers of heading no. 0714 into Azerbaijan surged to 3.5 tons in 2022, jumping by 69% against the previous year's figure. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,505%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 soared to $50K in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 3,383% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 8.1 | 0.2 | 15.1 | 49.0 | 82.2% |
| Turkey | 2.1 | 0.5 | 0.2 | 0.4 | -42.5% |
| Spain | N/A | N/A | 1.8 | N/A | 0% |
| Vietnam | 1.6 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 2.3 | N/A | 0% |
| Others | N/A | N/A | 3.7 | 0.7 | -81.1% |
| Total | 11.8 | 0.7 | 23.0 | 50.0 | 61.8% |
Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Azerbaijan in 2022:
- Russia (3.4 tons)
- Turkey (0.1 tons)
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