Price for Flour, Meal, and Flakes of Potatoes in Azerbaijan - 2023

Price for Flour, Meal, and Flakes of Potatoes in Azerbaijan (CIF) - 2022

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $1,600 per ton, therefore, remained relatively stable against the previous year. Overall, the import price enjoyed significant growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 22% against the previous year. The import price peaked at $2,964 per ton in 2018; however, from 2019 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 Turkey ($3,757 per ton), while the price for China amounted to $1,560 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%).

Imports of Flour, Meal, and Flakes of Potatoes in Azerbaijan

In 2022, approx. 2 tons of flour, meal, and flakes of potatoeses were imported into Azerbaijan; declining by -49.7% against 2021. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 7,483%. As a result, imports reached the peak of 4 tons, and then fell markedly in the following year.

In value terms, imports of flour, meal, and flakes of potatoeses reduced notably to $3.2K in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 5,849%. As a result, imports reached the peak of $6.4K, and then reduced sharply in the following year.